Securities Act of 1933: Federal law requiring registration of securities offerings and providing exemptions, fundamental for any equity compensation arrangement including advisory shares

Securities Exchange Act of 1934: Federal law governing secondary trading of securities and establishing SEC oversight, relevant for any transferable equity compensation

Blue Sky Laws: State-specific securities regulations that may require additional compliance measures for equity compensation agreements

IRC Section 83: Tax code section governing property transferred in connection with performance of services, crucial for timing of taxation on equity grants

IRC Section 409A: Regulations concerning deferred compensation, including certain equity arrangements, with strict requirements to avoid tax penalties

IRC Section 422: Tax code section relating to stock options and their treatment, relevant if advisory agreement includes option grants

Fair Labor Standards Act: Federal employment law that may apply if the advisor could be classified as an employee rather than independent contractor

State Corporate Laws: Laws governing corporate operations in the state of incorporation, affecting ability to issue equity and corporate governance requirements

Rule 701: SEC exemption from registration requirements for equity compensation issued to employees, consultants, and advisors

Regulation D: SEC regulations providing exemptions for private placement of securities, may be relevant for equity grants to advisors

IP Protection Laws: Federal and state laws governing intellectual property rights and protection, crucial for IP assignment provisions in advisory agreements

State Contract Laws: General contract formation and enforcement rules specific to each state, governing the fundamental validity of the agreement