Contract between a company and an advisor that outlines expectations for an advisory engagement.
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Table of Contents
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A startup advisory agreement is an agreement between a startup and one or more individuals who provide advice to the startup in exchange for compensation. The purpose of an advisory agreement is to establish the relationship between the parties and clarify the scope of the advisor's services. Advisors typically provide business, legal, or financial advice to a startup in exchange for equity or other compensation.
An advisory agreement should be used when:
The advisory agreement should include, at least:
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Advisor Agreement Template for Startups
This document, taken from Documate's own legal app for generating an advisor agreement, is great for startups hiring advisors in a standard way.ç
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