tiktok³ÉÈË°æ

All Countries
Investment
Startup Advisor Agreement

Startup Advisor Agreement Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Startup Advisor Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Startup Advisor Agreement

"I need a Startup Advisor Agreement for our fintech company, where we're bringing on a technical advisor who will receive 1% equity vesting over 2 years, starting March 2025, with obligations to provide 8 hours of advisory services per month focused on AI and blockchain technology implementation."

Celebrated by
Collaborations with
Investors
Document background
The Startup Advisor Agreement is a crucial document for Indian startups seeking to formally engage experienced professionals for strategic guidance and mentorship. This agreement becomes necessary when a startup wants to bring on board advisors who can provide valuable insights, industry connections, and expertise in areas critical for the company's growth. The document complies with Indian legal requirements, including the Companies Act, 2013, and SEBI regulations, particularly when equity compensation is involved. It's designed to protect both the startup's interests (through confidentiality and IP provisions) and the advisor's interests (through clear compensation terms and liability limitations). The agreement is especially important in the Indian startup ecosystem, where advisory relationships often play a vital role in company development and fundraising efforts.
Suggested Sections

1. Parties: Identifies the startup company and the advisor, including their legal names and addresses

2. Background: Explains the context of the agreement, including the startup's desire to engage the advisor and the advisor's qualifications

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Term: Establishes the advisor's role and the duration of the engagement

5. Services: Details the specific advisory services to be provided

6. Time Commitment: Specifies the expected time commitment from the advisor

7. Compensation: Outlines the advisor's compensation structure, including cash fees if applicable

8. Confidentiality: Defines confidential information and establishes confidentiality obligations

9. Intellectual Property Rights: Addresses ownership and protection of intellectual property

10. Non-Competition and Non-Solicitation: Sets restrictions on competitive activities and solicitation of employees/clients

11. Independent Contractor Status: Clarifies that the advisor is an independent contractor, not an employee

12. Termination: Specifies conditions and procedures for ending the agreement

13. General Provisions: Includes standard legal provisions like governing law, notices, and amendments

Optional Sections

1. Equity Compensation: Details of any equity compensation, including vesting schedules and terms. Include when advisor receives equity as part of compensation

2. Board Observer Rights: Terms for advisor's attendance at board meetings. Include when advisor is granted board observer status

3. Expense Reimbursement: Procedures for reimbursing advisor's expenses. Include when expense reimbursement is part of the arrangement

4. Indemnification: Mutual or one-way indemnification provisions. Include for high-risk advisory relationships

5. Insurance: Requirements for professional liability insurance. Include for regulated industries or high-risk advice

6. Conflict of Interest: Procedures for handling potential conflicts. Include when advisor works with multiple startups

7. Investment Rights: Rights to participate in future funding rounds. Include when advisor has investment opportunities

Suggested Schedules

1. Schedule A - Services Description: Detailed outline of specific services to be provided by the advisor

2. Schedule B - Compensation Terms: Detailed compensation structure, including any equity calculations and vesting schedules

3. Schedule C - Approved Outside Activities: List of advisor's pre-approved activities with other companies

4. Appendix 1 - Confidentiality Agreement: Detailed confidentiality terms and requirements

5. Appendix 2 - IP Assignment: Detailed intellectual property assignment provisions

6. Appendix 3 - Share Option Agreement: Terms of any share options granted to the advisor, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions































Clauses






























Relevant Industries

Technology

E-commerce

FinTech

Healthcare/MedTech

Education Technology

Software as a Service (SaaS)

Artificial Intelligence/Machine Learning

Clean Technology

Biotechnology

Consumer Internet

Mobile Applications

Enterprise Software

Digital Media

Retail Technology

AgriTech

Relevant Teams

Legal

Corporate Affairs

Human Resources

Executive Leadership

Board of Directors

Corporate Governance

Finance

Operations

Strategy

Relevant Roles

Chief Executive Officer

Founder

Co-founder

Chief Technology Officer

Chief Financial Officer

Chief Operating Officer

Head of Legal

General Counsel

Company Secretary

Business Development Director

Strategy Advisor

Technical Advisor

Industry Expert

Venture Partner

Startup Mentor

Board Member

Independent Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Financial Advisor Agreement

An Indian law-governed agreement establishing the terms and conditions between a financial advisor and client, compliant with SEBI regulations.

find out more

Agreement Between Consultant And Company

An Indian law-governed agreement establishing terms and conditions between a consultant and company for professional services provision.

find out more

Investment Advisory Agreement

An India-governed agreement between an investment adviser and client, compliant with SEBI regulations, for providing professional investment advisory services.

find out more

Startup Advisor Agreement

An Indian law-governed agreement defining the terms of engagement between a startup and its advisor, including roles, compensation, and protective provisions.

find out more

Advisory Board Agreement

An Indian law-governed agreement establishing the terms and conditions for advisory board membership, including duties, compensation, and confidentiality obligations.

find out more

Customer Advisory Board Agreement

An Indian law-governed agreement establishing terms and conditions for Customer Advisory Board members, including responsibilities, confidentiality, and compensation.

find out more

Advisory Board Member Agreement

An Indian law-governed agreement establishing the terms and conditions for advisory board member appointments, including duties, compensation, and obligations.

find out more

Advisory Services Agreement

An Indian law-governed agreement establishing terms for professional advisory services, including scope, fees, and mutual obligations.

find out more

Advisor Contract

An Indian law-governed agreement establishing terms and conditions for professional advisory services between a client and advisor.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.