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Startup Advisor Equity Agreement
"I need a Startup Advisor Equity Agreement for our Swiss fintech company, offering 1% equity vesting over 2 years to a senior banking executive who will advise on regulatory compliance and market expansion strategy."
1. Parties: Identification of the Company and the Advisor, including full legal names and addresses
2. Background: Context of the agreement, including the company's business and advisor's expertise
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of advisor appointment and scope of advisory services
5. Equity Compensation: Details of equity grant, including type, amount, and vesting schedule
6. Vesting Terms: Specific conditions and timeline for equity vesting
7. Services and Commitments: Detailed description of advisory services and time commitment expected
8. Term and Termination: Duration of the agreement and conditions for termination
9. Confidentiality: Protection of company's confidential information
10. Intellectual Property: Ownership and assignment of IP created during the advisory relationship
11. Representations and Warranties: Statements of fact and promises by both parties
12. General Provisions: Standard legal provisions including governing law, notices, and amendments
1. Non-Competition: Restrictions on advisor's involvement with competing businesses, optional based on company needs and local enforceability
2. Non-Solicitation: Restrictions on soliciting company employees or customers, used when advisor has significant access to internal resources
3. Board Observer Rights: Rights to attend board meetings, included when advisor is granted board observer status
4. Expense Reimbursement: Terms for reimbursing advisor expenses, included if company will cover certain costs
5. Additional Services: Framework for engaging advisor in additional services beyond basic scope, used when anticipating potential expanded role
6. Tax Matters: Specific tax-related provisions, included when complex tax implications exist
7. Insurance: Requirements for professional liability insurance, included for high-risk advisory roles
1. Schedule A - Services Description: Detailed outline of specific advisory services and deliverables
2. Schedule B - Equity Terms: Detailed terms of equity grant, including number of shares/options and vesting schedule
3. Schedule C - Vesting Schedule: Detailed vesting timeline and conditions
4. Schedule D - Company IP: List of company's existing intellectual property
5. Appendix 1 - Share Transfer Restrictions: Detailed provisions regarding transfer restrictions on granted equity
6. Appendix 2 - Shareholders' Agreement Adherence: Terms for advisor's adherence to existing shareholders' agreement
7. Appendix 3 - Tax Forms: Required tax forms and declarations under Swiss law
Authors
Technology
Fintech
Biotech
Healthcare
E-commerce
Software as a Service
Clean Technology
Internet of Things
Artificial Intelligence
Digital Media
Consumer Products
Enterprise Software
Blockchain
Renewable Energy
Manufacturing
Professional Services
Legal
Executive Leadership
Corporate Development
Human Resources
Finance
Board of Directors
Compliance
Corporate Secretary Office
Startup Founder
CEO
Business Advisor
Industry Expert
Technical Advisor
Strategic Consultant
Board Advisor
Executive Mentor
Chief Technology Officer
Chief Financial Officer
Investment Advisor
Marketing Strategist
Product Development Expert
Growth Consultant
Operations Advisor
Sales Strategy Expert
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