Startup Advisory Board Agreement Template

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You can open the Startup Advisory Board Agreement Template in multiple formats, including PDF, Word, and Google Docs.


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Startup Advisory Board Agreement Template

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Startup Advisory Board Agreement Template (1)
Between:
[Name of the Startup]
[Startup’s ID]
[Startup’s Address]
[Startup’s Phone]
[Startup’s Email]
And:
[Name of the Advisor]
[Advisor’s ID]
[Advisor’s Address]
Introduction:
This document formalizes the agreement between the Startup and the Advisor for the provision of advisory services commencing on [Contract Start Date].
Clause 1: Purpose of the Agreement
The purpose of this agreement is to outline the roles and responsibilities of the Advisory Board, which will provide strategic advice and guidance to help the Startup achieve its objectives.
Clause 2: Advisory Board Responsibilities
The Advisor agrees to provide assistance in the following areas: [Detail specific areas such as business development, fundraising, marketing strategy, etc.].
Clause 3: Compensation
The Startup agrees to compensate the Advisor as follows: [Specify payment terms, equity compensation, or retainer fee].
Clause 4: Term and Termination
This agreement will commence on [Start Date] and will continue until [End Date], unless terminated earlier under the following conditions: [List conditions for termination].
Clause 5: Confidentiality
Both parties agree to maintain the confidentiality of all proprietary information received during the term of this agreement.
Clause 6: Conflict of Interest
The Advisor must disclose any potential conflicts of interest that may arise during the course of this agreement.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Startup Representative]
[Name of the Startup Representative]
[Signature of the Advisor]
[Name of the Advisor]
Startup Advisory Board Agreement Template (2)
Between:
[Name of the Startup]
[Startup’s ID]
[Startup’s Address]
[Startup’s Phone]
[Startup’s Email]
And:
[Name of the Advisor]
[Advisor’s ID]
[Advisor’s Address]
Introduction:
This Advisory Board Agreement establishes the terms under which the Advisor will provide strategic guidance to the Startup commencing on [Contract Start Date].
Clause 1: Advisory Board Structure
The Advisory Board will consist of [Number] members, including the Advisor, who will contribute their expertise in [List specific fields relevant to the Startup].
Clause 2: Meeting Schedule
The Advisory Board shall meet [Specify frequency, e.g., quarterly, biannually], either in person or virtually, to discuss the progress of the Startup and provide feedback.
Clause 3: Reimbursement of Expenses
The Startup agrees to reimburse the Advisor for reasonable expenses incurred in connection with their services, subject to prior approval.
Clause 4: Intellectual Property
Any ideas or concepts developed during the advisory relationship shall remain the intellectual property of the Startup.
Clause 5: Indemnification
The Startup agrees to indemnify the Advisor against any claims arising from the Advisor’s guidance provided in good faith under this agreement.
Clause 6: Amendments
This agreement may only be amended in writing, signed by both parties.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Startup Representative]
[Name of the Startup Representative]
[Signature of the Advisor]
[Name of the Advisor]

Form

Please complete the form below to create the Startup Advisory Board Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Startup Advisory Board Agreement Template

1. Advisor Information


2. Company Information


3. Agreement Term

4. Role and Responsibilities

5. Compensation Structure

6. Meeting Schedule

7. Confidentiality Agreement

8. Intellectual Property Rights

9. Termination Conditions

10. Signatures and Acceptance

11. Declaration and Signatures




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Startup Advisory Board Agreement Template

Printable | Editable Form




Startup Advisory Board Agreement Template