Advisor Agreement (France) by Seedsummit
This template is an advisor agreement designed for a company incorporated in France and an individual or corporate advisor. It is specifically structured for situations where the advisor receives no cash compensation, but may be granted an option scheme for equity. The agreement details the advisor's mission, independence, confidentiality obligations, and terms for termination.
The following template advisor agreement is suitable for use between a company incorporated and registered in France and an individual and independent advisor (or mentor), without cash compensation. In case of a cash compensation, we suggest using another template (such as a services agreement or consultancy agreement). Where necessary, the advisor agreement includes a choice of suggested clauses (together with guidance notes).
The text in square brackets and highlighted in yellow indicates that information needs to be added or confirmed. Please ensure that all square brackets are completed and removed prior to signing the advisor agreement.
This template advisor agreement is not a substitute for legal advice and may need to be tailored to the circumstances of the company and the advisor, in order to maximize the legal protection it offers.
ADVISOR AGREEMENT
BETWEEN:
OF THE FIRST PART:
[NAME OF THE COMPANY], a French [form of the Company] with a capital of EUR [share capital amount], having its registered office located at [registered office address], registered with the [RCS location] Trade and Companies Register under number [RCS number], represented by [name of the legal representative], duly authorized for the purposes hereof,
Hereinafter referred to as the “Company”;
AND:
OF THE SECOND PART:
[If the Advisor is a natural person]
[NAME OF THE ADVISOR], born on [date of birth] in [place of birth], of [nationality] nationality, residing [postal address],
or [if the Advisor is a company]
[NAME OF THE COMPANY], a [form of the Company] with a capital of EUR [share capital amount], having its registered office located at [registered office address], registered with the [RCS location] Trade and Companies Register under number [RCS number], represented by [name of the legal representative], duly authorized for the purposes hereof,
Hereinafter referred to as the “Advisor”;
The Company and the Advisor being hereinafter referred to collectively as the “Parties” and individually as a “Party”.
WHEREAS:
The Company is a company whose main activity is [description of the Company’s activity].
The Advisor is [description of the Advisor’s domain of expertise].
The Advisor has agreed to act as [a mentor] / [and] [an advisor] for the benefit of the Company and provide advice and assistance to the Company, from time to time, as further described in Schedule 1 attached hereto, pursuant to the terms and conditions of this agreement (the "Agreement").
PURPOSE
Under this Agreement, the Advisor accepts the mission described in Schedule 1 (the “Mission”), on the terms and conditions set out below.
MISSION
The Advisor shall carry out the Mission for the duration of the Agreement, as defined in article 8 of the Agreement, it being specified that the Advisor shall be completely autonomous throughout the Mission, without receiving any instructions from the Company in this regard.
COMPENSATION
The Advisor shall not be entitled to receive cash compensation for the Mission.
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