An advisor agreement brings on a mentor or expert, usually for a small slice of equity or a modest fee. It keeps the relationship clear: advice only, confidentiality, and any work product owned by the company.
What's inside
Advisory servicesDescribes, at a high level, what the supplier will do. The detail is pushed into each SOW so the MSA stays stable.
CompensationWhat the advisor gets — usually a small equity grant that vests over time, or a modest fee. Vesting protects you if the relationship ends early.
Independent contractorStates clearly that this is not employment — the contractor handles their own tax. Misclassification is the main risk.
ConfidentialityObliges each side to keep the other’s non-public information secret and use it only for the deal.
Intellectual propertyDecides who owns what is created — the customer, the supplier, or each their own.In negotiation: Customers: insist deliverables transfer on payment for that work, not 'payment of all invoices ever'. Suppliers: carve out your pre-existing tools and know-how explicitly.
Term and terminationHow long the agreement lasts and how to end it.In negotiation: Watch auto-renewal windows — a 60-day opt-out on a 12-month term is easy to miss. Symmetric termination-for-convenience is the fair default.
Governing law and jurisdictionChooses which country’s law applies and which courts decide disputes.In negotiation: Pick a forum where you could actually afford to sue — a 'won' clause naming a court you'll never travel to is a loss.
How this template is reviewed
Drafted Template v1 · June 2026
Written in plain language and self-checked against comparable open standards where they exist. Independent review is pending. Every export is stamped with the template ID and version it came from. A status is never claimed until the work behind it has happened.
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