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I will draft a precise founder advisor equity agreement for startups
Licensed US Attorney : Ironclad Legal Protection for Startups
I am Michael Anthony Oliver (Bar #138294), a licensed U.S. attorney specializing in corporate law and startup structuring. I provide founders, investors, and growing businesses with ironclad, legally ...
About this Gig
Giving away equity is the most expensive decision a founder can make. Using a generic FAST (Founder/Advisor Standard Template) agreement without an attorney's customization can destroy your cap table and deter future venture capital investors.
As a licensed U.S. attorney, I draft highly customized Founder Advisor Equity Agreements that align advisor incentives with your startup's long-term success while fiercely protecting your equity pool.
Key Legal Provisions Included:
- Custom Vesting Schedules: Time-based or milestone-based vesting to ensure equity is earned, not just given.
- Vesting Cliffs: Protection to ensure advisors must serve a minimum time before earning any shares.
- Acceleration Clauses: Define what happens to unvested shares if your company is acquired.
- IP Assignment & NDA: Complete protection of your proprietary technology and business plans.
- Termination Rights: Clear legal pathways to terminate the relationship and claw back unvested equity.
Protect your most valuable asset: your equity. Let a U.S. attorney secure your cap table.
Field of law:
Business (corporate)
Document type:
Founders agreement
Legal consulting Gigs are not screened
Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Pro freelancers in this category have gone through a vetting process. You can find more details here.
FAQ
What happens if the advisor stops helping my startup?
I include strict termination clauses and vesting schedules. If they leave or are fired, they only keep what has already vested, and unvested shares return to the company.
Is this better than the free FAST templates online?
Yes. Free templates are generalized and often favor the advisor. I draft custom clauses that protect the founders and are optimized for future VC due diligence.
Do you include Section 83(b) election language?
Yes, I include standard legal reminders regarding the advisor's responsibility for 83(b) tax elections, protecting your company from their tax liabilities.
