The Startup Advisor Equity Agreement is a crucial document for Indian startups seeking to formalize relationships with experienced advisors through equity-based compensation. This document is typically used when a startup wants to engage industry experts, seasoned entrepreneurs, or subject matter specialists as advisors while conserving cash resources by offering equity as compensation. The agreement ensures compliance with Indian corporate laws, including the Companies Act 2013 and SEBI regulations, while addressing key aspects such as equity vesting, service expectations, and intellectual property protection. It's particularly relevant for early-stage companies looking to leverage external expertise for growth while aligning advisor interests with company success through equity ownership.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the Company and the Advisor with complete details
2. Background: Context of the agreement, including company status and reason for engaging advisor
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Formal appointment of advisor and duration of engagement
5. Advisory Services: Detailed scope of advisory services to be provided
6. Equity Compensation: Details of equity grant, vesting schedule, and related terms
7. Confidentiality: Obligations regarding confidential information and trade secrets
8. Intellectual Property Rights: Assignment and protection of IP created during advisory period
9. Representations and Warranties: Statements of fact and promises by both parties
10. Termination: Conditions and process for ending the advisory relationship
11. Post-Termination Obligations: Continuing obligations after agreement ends
12. General Provisions: Standard legal clauses including governing law, notices, and amendments
1. Non-Competition: Restrictions on advisor's involvement with competing businesses - include if advisor has access to sensitive competitive information
2. Non-Solicitation: Restrictions on soliciting company employees or customers - relevant for advisors with significant contact with team/clients
3. Foreign Exchange Compliance: Required if advisor is non-resident Indian or foreign national
4. Tax Matters: Detailed tax implications and responsibilities - important for complex equity structures
5. Board Observer Rights: If advisor is granted rights to attend board meetings
6. Dispute Resolution: Detailed arbitration or mediation procedures - recommended for high-value agreements
7. Force Majeure: Provisions for unforeseen circumstances affecting performance
1. Schedule A - Services Description: Detailed outline of advisory services and expectations
2. Schedule B - Equity Terms: Detailed terms of equity grant, including vesting schedule and conditions
3. Schedule C - Confidential Information: Specific items considered confidential information
4. Appendix 1 - Share Transfer Form: Standard form for executing share transfers
5. Appendix 2 - Deed of Adherence: For advisor to comply with shareholders agreement if applicable
6. Appendix 3 - Acceptance of Appointment: Formal acceptance of advisory role and terms
Find the exact document you need
Vesting Agreement Startup
An Indian law-governed agreement that establishes the terms and schedule for gradually earning equity ownership rights in a startup company.
Download
Founders Equity Agreement
An Indian law-governed agreement establishing equity distribution, rights, and obligations between company founders.
Download
Founder Stock Restriction Agreement
An Indian law-governed agreement that establishes restrictions and vesting conditions on founder-owned shares, ensuring alignment between founder and company interests.
Download
Founders Contract
An Indian law-governed agreement establishing rights, responsibilities, and relationships between company founders, including shareholding, management, and operational frameworks.
Download
Startup Founder Employment Agreement
An Indian law-governed employment agreement between a startup and its founder, combining standard employment terms with founder-specific provisions including equity arrangements and corporate governance.
Download
Pre Incorporation Founders Agreement
An Indian law-governed agreement establishing rights and obligations between founders before company incorporation.
Download
Startup Equity Agreement
An Indian law-governed agreement detailing terms and conditions for equity investment in a startup, including share subscription, investor rights, and governance provisions.
Download
Startup Advisor Equity Agreement
An Indian law-governed agreement defining the terms of engagement and equity compensation between a startup and its advisor.
Download
Co Founder Separation Agreement
An Indian law-governed agreement documenting the terms and conditions for a co-founder's separation from a business entity, including share transfers, IP rights, and financial settlements.
Download
Co Founder Exit Agreement
An Indian law-governed agreement facilitating the formal exit of a co-founder from a company, including share transfers and post-exit obligations.
Download
Founder Shareholder Agreement
An Indian law-governed agreement that establishes rights, obligations, and relationships between founding shareholders of a company, ensuring proper corporate governance and protecting founders' interests.
Download
Genie’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; Genie’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it