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I chose the Professional Services Agreement by CommonPaper template. This is a well respected market standard PSA.
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Updated 17 October 2025
This template outlines the terms for a founder advisor relationship, detailing the services an advisor will provide to a company, compensation (often equity-based), and intellectual property assignments. It also includes provisions for confidentiality, independent contractor status, and the company's right to disclose the advisor's involvement. This agreement helps formalize the advisory role and its associated benefits and obligations.