This legal document is an Advisory Agreement between a Company and an Advisor. It outlines the terms and conditions under which the Advisor will provide strategic and business advisory services to the Company. The document covers the term of the engagement, compensation (including base and incentive compensation, shares, and stock options), expense reimbursement, and welfare benefits. It also includes provisions for termination (with or without cause), nondisclosure of confidential information, and covenants not to compete or solicit employees. The document establishes the legal framework for the advisor's relationship with the company, including protections for the Company's interests and obligations of the Advisor, making it applicable for ensuring compliance and managing expectations in a business advisory capacity.

This document is a "Founder Advisor Standard Template" used to formalize the relationship between a company and an advisor. It specifies the advisor's role as a mentor or advisor, the compensation in the form of stock options or restricted stock, and the terms under which services are to be provided. The document outlines confidentiality obligations, assigns intellectual property rights to the company, and establishes the advisor's status as an independent contractor. It serves as a legal agreement to ensure both parties have clear, agreed-upon expectations and obligations, including termination conditions and confidentiality protection.