Contract template · Advisor Agreements

Free Advisor Agreement Template

An Advisor Agreement (sometimes called an Advisory Board Agreement) is what startups sign with formal advisors. The key difference vs a consulting agreement is the equity component — typically 0.25–1% over 24 months.

What's in a Advisor Agreement?

A typical advisor agreement covers the following key clauses:

Time commitment (hrs per month)
Equity grant and vesting schedule
Confidentiality
No conflict with current employer
IP ownership (created in advisor capacity)
Term and termination

Pick your industry

We've prepared an industry-tailored version of the Advisor Agreement for each of the 20 industries below. Click your industry to see the industry-specific considerations and a downloadable template.

Related contract templates

Legal disclaimer: This template is provided for general informational purposes and is not legal advice. Laws vary by state and country, and contract enforceability depends on specifics that this template can't anticipate. For high-stakes contracts, consult a licensed attorney in your jurisdiction.

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