--- title: "How to Create an Advisor Agreement: A Step-by-Step Guide" description: Create an advisor agreement for mentors, advisors or coaches.  --- [Skip to content](https://help.seedlegals.com/en/1866692-advisor-agreements-shares-equity-and-vesting-for-mentors-and-advisors#main-content) - [English](https://help.seedlegals.com/en/1866692-advisor-agreements-shares-equity-and-vesting-for-mentors-and-advisors) - [Français](https://help.seedlegals.com/fr/guide-pour-créer-un-contrat-advisor) English Show submenu for translations ![special-case-sl-logo.png\]](https://help.seedlegals.com/hs-fs/hubfs/special-case-sl-logo.png?width=165&height=18&name=special-case-sl-logo.png) - [Blog](https://seedlegals.com/resources/?nr=1) Open main navigation Close main navigation - [Blog](https://seedlegals.com/resources/?nr=1) - - [English](https://help.seedlegals.com/en/1866692-advisor-agreements-shares-equity-and-vesting-for-mentors-and-advisors) - [Français](https://help.seedlegals.com/fr/guide-pour-créer-un-contrat-advisor) English Show submenu for translations - [Home](https://seedlegals.com/) [Home](https://seedlegals.com/) How can we help? - There are no suggestions because the search field is empty. 1. [Help Centre (UK)](https://help.seedlegals.com/en?hsLang=en) 2. [Team, Agreements & Policies](https://help.seedlegals.com/en/team-agreements-policies?hsLang=en) 3. [Employee, Advisor & Consultancy Agreements](https://help.seedlegals.com/en/team-agreements-policies?hsLang=en#employee-advisor-consultancy-agreements) # How to Create an Advisor Agreement: A Step-by-Step Guide ## Create an advisor agreement for mentors, advisors or coaches. In a startup, having the right people around you and advice is crucial. When you want to engage more formally with your advisors, it’s important to have an Advisor Agreement in place. When you create the Advisor Agreement, you can specify your expectations of the advisor in terms of their role, for example, to help with networking and introductions, as well as their responsibilities to you, such as an agreement to treat any information they acquire in the role as confidential. Our Advisor Agreement lets you pay the advisor in cash, equity, or a combination of the two (equity only is the most common). In the same way that you would never pay someone in cash for an entire year's worth of work, you would always pay by the month. If you give the advisor shares or share options, they should always receive these in regular tranches. This means that if the advisor leaves or is terminated early, they don't get all their shares or options, only the fraction that they have earned up to that point. It also means that you are only ever issuing shares that have been paid for - in this case, they have been paid for by the advisor's services. For example, if you agree with your advisor that they will work with you over the next three months, with a key deliverable set for each month, then you could specify that your advisor will receive 1/3 of their shares after each deliverable is met. This also means that if you decide to part ways before all the deliverables are met, the advisor will only be paid for the work they completed. 📌 Do you want to award options in return for the work done (Option Scheme)? Our contract may specify this, and our team can assist you in setting up option pools and allocation plans. Contact us on the chat at the bottom right of your screen to discuss with our associates! Our Advisor Agreement gives you a wide range of flexibility to choose the vesting provisions that work for the company and the advisor, and also covers what to do in the event they leave or are terminated.   ### Here's how to create one on SeedLegals: 1. [Create the Advisor Agreement](https://help.seedlegals.com/en/1866692-advisor-agreements-shares-equity-and-vesting-for-mentors-and-advisors#create) 2. [Edit the Terms](https://help.seedlegals.com/en/1866692-advisor-agreements-shares-equity-and-vesting-for-mentors-and-advisors#Step2) 3. [Sign the Advisor Agreement](https://help.seedlegals.com/en/1866692-advisor-agreements-shares-equity-and-vesting-for-mentors-and-advisors#step3) 4. [Share the Advisor Agreement for signature](https://help.seedlegals.com/en/1866692-advisor-agreements-shares-equity-and-vesting-for-mentors-and-advisors#step4) ### STEP 1: Create the Advisor Agreement From the **'Team'** tab on the left of your screen, click on ![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Nov-23-2023-12-45-04-7435-PM.png?width=133&height=33&name=image-png-Nov-23-2023-12-45-04-7435-PM.png) ![](https://help.seedlegals.com/hs-fs/hubfs/image-png-May-18-2026-09-02-04-4430-AM.png?width=670&height=299&name=image-png-May-18-2026-09-02-04-4430-AM.png) - A window will appear, allowing you to add the team member. - You will see the names of existing users in your account. If one of them is the team member for whom you wish to create the advisor agreement, click on their name. Otherwise, click on ![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Nov-23-2023-01-11-57-5352-PM.png?width=85&height=24&name=image-png-Nov-23-2023-01-11-57-5352-PM.png) to fill in their information. - Choose **'Advisor'** as the contract type and fill in the key terms of the agreement, then click on **'Confirm'** **![](https://help.seedlegals.com/hs-fs/hubfs/image-png-May-18-2026-09-12-56-2844-AM.png?width=670&height=294&name=image-png-May-18-2026-09-12-56-2844-AM.png)** You have now created the contractor's profile in the team section. **Click on ![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Nov-23-2023-01-42-58-0417-PM.png?width=122&height=31&name=image-png-Nov-23-2023-01-42-58-0417-PM.png) to create the agreement. A window will pop up, then click on 'Advisor Agreement'** **![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Oct-09-2025-11-24-39-9909-AM.png?width=574&height=207&name=image-png-Oct-09-2025-11-24-39-9909-AM.png)** **![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Jan-07-2026-03-22-40-5289-PM.png?width=670&height=481&name=image-png-Jan-07-2026-03-22-40-5289-PM.png)** ### STEP 2: Fill in the Terms Fill in the key terms and click on **Done** when finished. ![](https://help.seedlegals.com/hs-fs/hubfs/image-png-May-18-2026-09-13-56-9454-AM.png?width=670&height=326&name=image-png-May-18-2026-09-13-56-9454-AM.png) Want to add or change terms? No problem. As long as the document is not signed, the Key Terms are editable. ![undefined-May-18-2026-09-17-51-2489-AM](https://help.seedlegals.com/hs-fs/hubfs/undefined-May-18-2026-09-17-51-2489-AM.png?width=335&height=163&name=undefined-May-18-2026-09-17-51-2489-AM.png) **1. From the My Documents section:** - Go to **My Documents** - Click on the **Advisor Agreement** - Switch to the **Terms** tab - Click the ✏️ **pencil icon** to edit the terms.   **2. From the Team section:** **![](https://help.seedlegals.com/hs-fs/hubfs/image-png-May-18-2026-09-19-09-8108-AM.png?width=1774&height=867&name=image-png-May-18-2026-09-19-09-8108-AM.png)** - Go to **Team** - Click on the **Advisor’s name** - Scroll down and select the Advisor Agreement you want to edit - Switch to the **Terms** tab - Click the ✏️ **pencil icon** to edit. ![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Oct-09-2025-12-20-23-2168-PM.png?width=670&height=401&name=image-png-Oct-09-2025-12-20-23-2168-PM.png)   💡 *Remember: You can only edit terms before the document is signed.* ### STEP 3: Sign the Advisor Agreement - Click on ![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Jul-05-2023-07-32-20-0791-PM.png?width=65&height=28&name=image-png-Jul-05-2023-07-32-20-0791-PM.png)at the top right of the document to sign the Advisor Agreement on behalf of your company. - Then share it for signature with the recipient. ![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Jul-06-2023-12-10-42-9868-PM.png?width=543&height=266&name=image-png-Jul-06-2023-12-10-42-9868-PM.png) ### STEP 4: Share the Advisor Agreement for signature - Share the Advisor Agreement for signature with the recipient - Click the share icon in the top right, then click "**Share with all**" or on![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Jul-05-2023-07-43-41-6513-PM.png?width=47&height=24&name=image-png-Jul-05-2023-07-43-41-6513-PM.png) ![](https://help.seedlegals.com/hs-fs/hubfs/image-png-Jul-06-2023-12-22-18-2143-PM.png?width=482&height=211&name=image-png-Jul-06-2023-12-22-18-2143-PM.png) Once everyone has signed, you can download the document as a PDF and save it for your records. It’s an important document, so keep it safe! ### Any questions? If you have any questions, click the bottom right button to message us in chat - we'll be happy to help.   Other helpful articles... [How to sign a document?](https://help.seedlegals.com/en/2406559-i-m-an-investor-how-do-i-sign-documents-on-the-platform?hsLang=en) [How do I modify or edit a document?](https://help.seedlegals.com/en/1950443-how-do-i-modify-or-edit-a-document?hsLang=en) [How do I download a document or save it as a PDF?](https://help.seedlegals.com/en/1950440-how-do-i-download-a-document-or-save-it-as-a-pdf?hsLang=en) - [Account, Login, Settings, Payment FAQs](https://help.seedlegals.com/en/account-login-settings-payment-faqs?hsLang=en#main-content) - [Your Company Account](https://help.seedlegals.com/en/account-login-settings-payment-faqs?hsLang=en#your-company-account) - [User Settings](https://help.seedlegals.com/en/account-login-settings-payment-faqs?hsLang=en#user-settings) - [Login](https://help.seedlegals.com/en/account-login-settings-payment-faqs?hsLang=en#login) - [Memberships](https://help.seedlegals.com/en/account-login-settings-payment-faqs?hsLang=en#memberships) - [Billing & Payments](https://help.seedlegals.com/en/account-login-settings-payment-faqs?hsLang=en#billing-payments) - [My Profile](https://help.seedlegals.com/en/account-login-settings-payment-faqs?hsLang=en#my-profile) - [Legal and Document FAQs](https://help.seedlegals.com/en/legal-and-document-faqs?hsLang=en#main-content) - [Documents](https://help.seedlegals.com/en/legal-and-document-faqs?hsLang=en#documents) - [Signature](https://help.seedlegals.com/en/legal-and-document-faqs?hsLang=en#signature) - [Shareholders & Investors](https://help.seedlegals.com/en/legal-and-document-faqs?hsLang=en#shareholders-investors) - [Languages & Translations](https://help.seedlegals.com/en/legal-and-document-faqs?hsLang=en#languages-translations) - [Cap Table, Companies House, Shares and Share Certificates](https://help.seedlegals.com/en/cap-table-companies-house-shares-and-share-certificates?hsLang=en#main-content) - [Cap Table](https://help.seedlegals.com/en/cap-table-companies-house-shares-and-share-certificates?hsLang=en#cap-table) - [Incorporation](https://help.seedlegals.com/en/cap-table-companies-house-shares-and-share-certificates?hsLang=en#incorporation) - [Shares](https://help.seedlegals.com/en/cap-table-companies-house-shares-and-share-certificates?hsLang=en#shares) - [Share transfer](https://help.seedlegals.com/en/cap-table-companies-house-shares-and-share-certificates?hsLang=en#share-transfer) - [Share classes](https://help.seedlegals.com/en/cap-table-companies-house-shares-and-share-certificates?hsLang=en#share-classes) - [Share Certificates](https://help.seedlegals.com/en/cap-table-companies-house-shares-and-share-certificates?hsLang=en#share-certificates) - [Companies House](https://help.seedlegals.com/en/cap-table-companies-house-shares-and-share-certificates?hsLang=en#companies-house) - [Pitch](https://help.seedlegals.com/en/pitch?hsLang=en) - [SEIS/EIS](https://help.seedlegals.com/en/seis-eis?hsLang=en#main-content) - [Before starting - Do I qualify for SEIS/EIS?](https://help.seedlegals.com/en/seis-eis?hsLang=en#before-starting-do-i-qualify-for-seis-eis) - [S/EIS Advance Assurance Application](https://help.seedlegals.com/en/seis-eis?hsLang=en#s-eis-advance-assurance-application) - [S/EIS Compliance](https://help.seedlegals.com/en/seis-eis?hsLang=en#s-eis-compliance) - [S/EIS Pitch Deck/ Business plan](https://help.seedlegals.com/en/seis-eis?hsLang=en#s-eis-pitch-deck-business-plan) - [I have finished my S/EIS AA Application](https://help.seedlegals.com/en/seis-eis?hsLang=en#i-have-finished-my-s-eis-aa-application) - [Step by step guides on how to use the platform regarding SEIS - EIS](https://help.seedlegals.com/en/seis-eis?hsLang=en#step-by-step-guides-on-how-to-use-the-platform-regarding-seis-eis) - [General SEIS/EIS](https://help.seedlegals.com/en/seis-eis?hsLang=en#general-seis-eis) - [SeedFAST / SeedNOTE](https://help.seedlegals.com/en/seedfast-seednote?hsLang=en#main-content) - [Creating SeedFAST](https://help.seedlegals.com/en/seedfast-seednote?hsLang=en#creating-seedfast) - [SeedFAST & SEIS-EIS](https://help.seedlegals.com/en/seedfast-seednote?hsLang=en#seedfast-seis-eis) - [Converting your SeedFAST](https://help.seedlegals.com/en/seedfast-seednote?hsLang=en#converting-your-seedfast) - [SeedNOTE](https://help.seedlegals.com/en/seedfast-seednote?hsLang=en#seednote) - [Funding Rounds](https://help.seedlegals.com/en/funding-rounds?hsLang=en#main-content) - [Starting your round on SeedLegals](https://help.seedlegals.com/en/funding-rounds?hsLang=en#starting-your-round-on-seedlegals) - [Standalone documents - editing/uploading documents](https://help.seedlegals.com/en/funding-rounds?hsLang=en#standalone-documents-editing-uploading-documents) - [Negotiating your round](https://help.seedlegals.com/en/funding-rounds?hsLang=en#negotiating-your-round) - [Closing your round](https://help.seedlegals.com/en/funding-rounds?hsLang=en#closing-your-round) - [Instant Investment](https://help.seedlegals.com/en/instant-investment?hsLang=en#main-content) - [How to use Instant Investment](https://help.seedlegals.com/en/instant-investment?hsLang=en#how-to-use-instant-investment) - [Closing an Instant Investment and after](https://help.seedlegals.com/en/instant-investment?hsLang=en#closing-an-instant-investment-and-after) - [Board of Directors and Company Governance](https://help.seedlegals.com/en/board-of-directors-and-company-governance?hsLang=en) - [Options and Option Schemes](https://help.seedlegals.com/en/options-and-option-schemes?hsLang=en#main-content) - [Option Pool General](https://help.seedlegals.com/en/options-and-option-schemes?hsLang=en#option-pool-general) - [Option Schemes General](https://help.seedlegals.com/en/options-and-option-schemes?hsLang=en#option-schemes-general) - [EMI Option Scheme General Knowledge](https://help.seedlegals.com/en/options-and-option-schemes?hsLang=en#emi-option-scheme-general-knowledge) - [EMI Option Scheme - step by step guides on how to complete a valuation and grant options!](https://help.seedlegals.com/en/options-and-option-schemes?hsLang=en#emi-option-scheme-step-by-step-guides-on-how-to-complete-a-valuation-and-grant-options) - [EMI Option Scheme - what to do once the options have been granted!](https://help.seedlegals.com/en/options-and-option-schemes?hsLang=en#emi-option-scheme-what-to-do-once-the-options-have-been-granted) - [R&D Tax Credits](https://help.seedlegals.com/en/rd-tax-credits?hsLang=en#main-content) - [R&D Tax Credits claim](https://help.seedlegals.com/en/rd-tax-credits?hsLang=en#rd-tax-credits-claim) - [Team, Agreements & Policies](https://help.seedlegals.com/en/team-agreements-policies?hsLang=en#main-content) - [Founders Agreement](https://help.seedlegals.com/en/team-agreements-policies?hsLang=en#founders-agreement) - [Employee, Advisor & Consultancy Agreements](https://help.seedlegals.com/en/team-agreements-policies?hsLang=en#employee-advisor-consultancy-agreements) - [NDA & IP assigment](https://help.seedlegals.com/en/team-agreements-policies?hsLang=en#nda-ip-assigment) - [Hiring, Holidays & Sick Leave](https://help.seedlegals.com/en/team-agreements-policies?hsLang=en#hiring-holidays-sick-leave) - [Policies](https://help.seedlegals.com/en/team-agreements-policies?hsLang=en#policies) - [Investors & Deal Manager](https://help.seedlegals.com/en/investors-deal-manager?hsLang=en#main-content) - [Document's view & signatures](https://help.seedlegals.com/en/investors-deal-manager?hsLang=en#documents-view-signatures) - [Profile & Settings](https://help.seedlegals.com/en/investors-deal-manager?hsLang=en#profile-settings) - [Syndicates](https://help.seedlegals.com/en/investors-deal-manager?hsLang=en#syndicates) - [Pitch](https://help.seedlegals.com/en/investors-deal-manager?hsLang=en#pitch) - [Accelerators](https://help.seedlegals.com/en/accelerators?hsLang=en) - [AI Assistants](https://help.seedlegals.com/en/ai-assistants?hsLang=en) - [Blog](https://seedlegals.com/resources/?nr=1) [![Chill listening crop-3](https://help.seedlegals.com/hs-fs/hubfs/favicon.png?width=24&height=24&name=favicon.png "Chill listening crop-3")](https://seedlegals.com) SeedLegals Copyright © 2025, SeedLegals