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Diligence and closing · Copyable template

Advisor agreement

A starting point for putting an informal advisor relationship in writing, before a lawyer papers it.

Most advisor relationships are informal until someone asks "wait, did we ever put this in writing?" This is a starting point for that conversation, built on the common FAST-agreement structure most startup advisors already expect — not a replacement for having a lawyer paper the final version.

Read this before you use it

This is a non-legal starting point, not a substitute for review by counsel. Advisor equity has real tax and dilution consequences — have a lawyer finalize anything before signing.

Copyable template

What is in it

  1. Parties
  2. Role
  3. Time commitment
  4. Equity
  5. Vesting
  6. Term and termination
  7. Confidentiality
  8. IP assignment
  9. Signatures

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Get the template

The template is ready. Add your email to open it, and you will also get The Raise Memo — a note for founders raising capital.

Where this comes from

The thinking behind it

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What has to happen between a signed term sheet and money actually landing in the account.

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From the publication

Read The Raise Memo

A note for founders raising capital—what investors notice, how conviction gets built, and what to do next.