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Startup Advisor Equity Agreement
"Need a Startup Advisor Equity Agreement for my Singapore-based fintech startup to bring on a technical advisor, offering 2% equity vesting over 2 years starting January 2025, with standard confidentiality and IP protection clauses."
1. Parties: Identification of the company and advisor with full legal details
2. Background: Context of the advisory relationship and purpose of agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Role: Scope of advisory services and responsibilities
5. Equity Compensation: Details of equity grant, including amount and type of securities
6. Vesting Schedule: Timeline and conditions for equity vesting
7. Confidentiality: Protection of company's confidential information
8. Term and Termination: Duration of agreement and termination provisions
1. Non-Competition: Restrictions on competing activities - used when advisor has access to sensitive competitive information
2. Intellectual Property: Ownership of IP created during advisory period - used when advisor may contribute to IP development
3. Expenses: Reimbursement of advisor expenses - used when advisor may incur expenses in role
4. Insurance: Requirements for professional liability insurance - used when advisor provides professional services
1. Schedule A - Equity Grant Details: Detailed terms of equity compensation including class of shares, number of shares, and price
2. Schedule B - Vesting Schedule: Detailed vesting timeline and milestones
3. Schedule C - Advisory Services: Detailed description of advisory services and expectations
4. Appendix 1 - Share Transfer Form: Standard form for share transfers
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