The Advisory Shares Agreement is commonly used by U.S. companies, particularly startups and growth-stage businesses, to attract and retain experienced advisors without requiring cash compensation. This agreement type is essential when companies want to align advisor interests with long-term company success through equity ownership. The document typically includes specific details about the advisory relationship, equity compensation structure, vesting terms, and related obligations. An Advisory Shares Agreement must be carefully structured to comply with U.S. federal securities laws, state regulations, and tax requirements, particularly regarding equity compensation and securities registration exemptions. It serves as a critical tool for formalizing advisory relationships while protecting both the company's and advisor's interests through clear terms and conditions.
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
2. Background: Context of the advisory relationship and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Advisory Services: Scope and nature of advisory services to be provided
5. Share Grant: Details of equity compensation, including number of shares and type
6. Vesting Schedule: Terms and timeline for share vesting
7. Confidentiality: Provisions regarding confidential information
8. Term and Termination: Duration of agreement and termination conditions
1. Non-Competition: Restrictions on competitive activities when advisor has access to sensitive competitive information
2. IP Assignment: Transfer of intellectual property rights when advisor may create IP during service
3. Expenses: Terms for expense reimbursement when advisor will incur reimbursable expenses
4. Board Observer Rights: Rights to attend board meetings for strategic advisors with significant involvement
1. Schedule A - Services Description: Detailed outline of advisory services
2. Schedule B - Vesting Schedule: Detailed vesting terms and milestones
3. Schedule C - Share Details: Specific information about share class and rights
4. Form of Stock Power: Document for transferring share ownership
Find the exact document you need
Consulting Firm Contract
A legal agreement under English and Welsh law establishing terms between consulting firms and their clients.
Download
Consultancy Agreement With Company
An English law agreement establishing terms and conditions between a consultant and client company for professional services.
Download
Financial Advisor Contract
An England and Wales-governed agreement establishing terms between financial advisors and their clients, compliant with FCA regulations.
Download
Startup Advisor Agreement
A U.S.-governed legal agreement that establishes the terms and conditions between a startup and its advisor, including services, compensation, and confidentiality obligations.
Download
Customer Advisory Board Agreement
A U.S.-governed agreement establishing terms for customer participation in a company's advisory board, including confidentiality and IP provisions.
Download
Business Advisor Agreement
A U.S.-governed contract establishing terms for professional business advisory services between an advisor and client company.
Download
Advisory Shares Agreement
A U.S. legal agreement governing the issuance of company shares to an advisor in exchange for their advisory services.
Download
Advisory Engagement Letter
A U.S.-compliant formal document establishing the terms and conditions of an advisory relationship between a professional advisor and their client.
Download
Advisory Board Consulting Agreement
A U.S.-governed agreement establishing terms for advisory board services, including scope, compensation, and confidentiality obligations.
Download
Advisory Board Confidentiality Agreement
A U.S.-governed agreement protecting confidential information shared with advisory board members during their engagement with an organization.
Download
Advisory Board Agreement
A U.S.-governed agreement establishing the terms and conditions for an individual's service on a company's advisory board, including duties, compensation, and confidentiality obligations.
Download
ұԾ’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; ұԾ’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
.png)