Free Startup Advisor and Board Member Offer Letter Generator
For inviting an advisor or independent director to join a company. Covers role, time, equity and vesting, retainer, and D&O insurance. Fill in the terms on the left. Your offer letter updates on the right. Download it as a Word file when you're done.
What this template covers
- Role
- Contributions
- Time commitment
- Equity
- Vesting
- Cash retainer
- Expenses
- D&O insurance
- Confidentiality and IP
- Conflicts
Paragraphs marked binding, such as confidentiality and exclusivity, are meant to be enforceable. Everything else is non-binding. The example terms are only examples. Replace them with your deal. Use the × next to any term to remove it, or add your own terms at the bottom of the form.
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