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Advisory Agreement: Templates & More

Contract between a company and an advisor that outlines expectations for an advisory engagement.

Also known as: Startup Advisory Share Agreement

What is an Advisory Agreement

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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 startup is seeking advice from an expert in a particular field
  • The advisor is not providing any other services to the startup, such as legal or financial services
  • The advisor is not an employee of the startup
  • The advisor is not a Board member or shareholder of the startup

The advisory agreement should include, at least:

  • The names and contact information of the parties
  • A description of the services to be provided by the advisor
  • The compensation arrangement between the parties, including any equity to be granted to the advisor
  • The term of the agreement


Download an Advisory Agreement template

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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

Advisory Agreement Word Document

Advisory Agreement PDF

Advisory Agreement to copy/paste

Advisor Agreement Template for Startups

Explore more Advisory Agreement templates

Documate file icon

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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