Start-Up Advisor Agreement

This Advisor Agreement is for a company to hire an advisor in its early stages, and provides for payment through an employee share option plan.

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Last updated October 23, 2025

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Suitable for Australia

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Frequently asked questions

What does the Advisory Board Member Agreement cover?

The service descriptions and equity compensation levels are just suggestions (based on what we often see in the market) — they can and should be tailored according to the specific circumstances for each advisor.‍

  • Services to be provided;
  • Term and commencement date;
  • Hours and level of service;
  • Advisor equity and vesting arrangements;
  • Independence of advisor, expenses, GST and responsibilities of advisor; and
  • Termination, IP and confidentiality.

View Sample Start-Up Advisor Agreement

The Legal Risk Score of a Start-Up Advisor Agreement Template is Medium

Our legal team have marked this document as low risk considering:

  • It provides for flexibility in how the services are provided.
  • The agreement can be terminated for convenience.
  • The agreement is simple to sign.

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