Startup Advisor Agreement Template for Philippines

1. Non-Competition: Restricts advisor from working with competing startups - include when advisor has access to highly sensitive competitive information

2. Equity Vesting: Details the vesting schedule for any equity compensation - include when equity is part of compensation

3. Expense Reimbursement: Outlines policy for reimbursing advisor's expenses - include when advisor may incur expenses on company's behalf

4. Performance Metrics: Establishes specific performance goals or metrics - include when compensation or continuation is tied to specific outcomes

5. Board Observer Rights: Grants advisor right to attend board meetings - include for senior advisors with strategic involvement

6. Dispute Resolution: Specifies arbitration or mediation procedures - include when parties prefer alternative dispute resolution

7. Insurance: Requires professional liability insurance - include for advisors providing specialized professional services

1. Schedule A - Services Description: Detailed outline of specific advisory services and responsibilities

2. Schedule B - Compensation Terms: Detailed breakdown of compensation structure, including any equity calculations

3. Schedule C - Approved Outside Activities: List of advisor's pre-approved commitments to other companies or ventures

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

5. Appendix 2 - Equity Documentation: Forms and terms related to any equity compensation

6. Appendix 3 - Contact Details: Complete contact information for notices and communications