This legal document, titled "Founder Advisor Standard Template," outlines an agreement between a company and an advisor detailing the terms under which the advisor will offer mentorship and guidance to the company. It covers the services to be provided by the advisor, compensation details (including possible equity compensation based on the stage of the company and advisor's performance level), expense reimbursement, and conditions for termination. Additionally, the advisor is categorized as an independent contractor and must adhere to confidentiality obligations regarding any information shared by the company. The document also addresses intellectual property rights assignments, permitting the company potential promotional use of the advisor's association with it, and ensures no conflicting engagements by the advisor. This template can be used as a standard agreement to formalize advisor relationships within startups or companies seeking guidance from experienced professionals.