Advisor Agreement (Portugal) by Seedsummit
The Seedsummit Advisor Agreement template outlines the terms under which an independent advisor provides consulting or strategic services to a company in exchange for equity or monetary compensation. It defines the relationship as that of an independent contractor and includes detailed provisions on confidentiality, intellectual property assignment, payment, and governing law under Portuguese jurisdiction.
ADVISOR AGREEMENT
WARNING
The present document is a template, so the following should be considered when using it:
The models are standard and generic documents, which means that they are not exhaustive and must be adapted to the specificities of the case in question.
As a rule, the indications that appear between [square brackets] are compulsory, those that appear between (round brackets) are optional. In any case, it should be considered whether to keep, remove or replace them by one or more other indications that best suit the case in question.
The document produced from a "model" should always be subject to a critical and responsible legal review.
The content and documents on the website have been prepared for informational purposes only and are not legal advice. Transmission of the information is not intended to create, and receipt does not constitute an attorney-client relationship. Audience should not act upon this information without seeking professional counsel. The information contained herein is provided only as general information which may or may not reflect the most current legal developments. This information is not provided in the course of an attorney-client relationship and nor intended to constitute legal advice or to substitute for obtaining legal advice from an attorney licensed in your region.
In [execution place], on [effective date].
PARTIES
Between,
[company name], incorporated under the [company jurisdiction] law, with registered office at [company address], registered with the Tax Authorities and the Commercial Registry Office of [company commercial registry office] under the number [company registration number], herein represented by [representative name], in his/her capacity as [representative title], hereinafter referred to as the “Company”.
and
[advisor name], bearer of the citizen card/passport number [advisor passport number] valid until [advisor id expiry date] issued by [advisor id issuer], taxpayer number [advisor tax number], with address at [advisor address], hereinafter referred to as the “Advisor”.
The signers of this Advisor Agreement (the “Agreement”) are collectively referred to as the “Parties” and/or each of them individually as the “Party”.
Manager, legal representative.
RECITALS
Whereas:
The Company is [company purpose].
The Advisor is [advisor expertise].
Activity, purpose.
Expertise and experience.
CLAUSES
The Parties hereby agree as follows:
Starting Date and Term
The starting date of this Agreement shall be on the [start date] and terminate on the [end date] (the “Term”).
Duration of the Agreement.
Services
During the term of this Agreement, Advisor agrees to perform and provide advice and assistance to the Company from time to time as further described on this Schedule A attached hereto or as otherwise mutually agreed to by the parties (the “Services”).
Compensation
For the provision of Services, the Company shall grant the Advisor with equity compensation as set out on the Signature Page to this Founder Advisor Agreement.
Compensation and Expenses
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