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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
Authors
Advisory Services
Agreement
Board of Directors
Business Day
Company
Confidential Information
Effective Date
Equity Compensation
Fair Market Value
Fully Diluted Basis
Grant Date
Intellectual Property Rights
Ordinary Shares
Parties
Restricted Shares
Securities
Services
Share Capital
Shareholders Agreement
Stock Option Plan
Term
Termination Date
Unvested Shares
Vested Shares
Vesting Commencement Date
Vesting Period
Vesting Schedule
Equity Compensation
Vesting
Share Rights and Restrictions
Advisor Representations and Warranties
Company Representations and Warranties
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Term and Termination
Effect of Termination
Independent Contractor Status
Time Commitment
Expenses
Assignment
Governing Law
Dispute Resolution
Notices
Amendment and Waiver
Entire Agreement
Severability
Counterparts
Share Transfer Restrictions
Tag-Along Rights
Drag-Along Rights
Board Information Rights
Data Protection
Force Majeure
Indemnification
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