Get advice from the experts and compensate them for their time and know-how.
An Advisor Agreement is a contract between an advisor and your startup, setting out the advisor’s role and compensation. Typically used with high-level strategic advisors, independent board members or members of your advisory board, compensation is in the form of a grant of options from your startup’s topco to the advisor (not cash).
Generate this document to onboard your advisors and agree their responsibilities and compensation. It describes the advisor’s role, e.g. sharing specialist experience or knowledge, providing general business advice and guidance, or making introductions for your startup. If your startup has engaged (i.e. established a working relationship with) several advisors and has an advisory board, the advisor will be required to attend regular meetings of the advisory board. When generating this document, Clara will ask you to select the advisor’s other duties from a list.
Login into your account (or sign-up, if you don’t have one).
Go to the Generate Documents tab, choose International from the dropdown and select Advisor Agreement.
Complete each field in the form and select your various options.
Once you generate the document, you can save it in draft, edit it, and when final, send it for signature through our built-in DocuSign integration.
Plug and Play, Silicon Valley’s largest global innovation platform, has announced a new partnership and investment in Clara, the legal operating system that empowers tech founders to digitally form, manage, and scale their startups.
May 15 · 4-minute read
Founders are often risk-takers with lots of energy and great business ideas. And that is fantastic, as long as you remember to set up the correct legal foundation for your venture. Not having the proper legal basis for your startup might be too big a risk. Having the correct legal documents in place is essential for the future success of your startup.
Mar 07 · 9-minute read
Starting a company is hard enough, but managing legal processes shouldn’t be. With Clara’s dedicated accelerator onboarding solution, companies can get the support and infrastructure they need to efficiently and professionally complete their legal due diligence and finalize an investment.
Amal Dokhan General Partner MENA, 500 Global
Clara is a one-stop shop for everything equity related. All our data is safe and securely stored and accurately recorded. And our investors love having direct access. It has saved us countless hours and kept our cap table mistake free.
Jessica Anuna CEO & Founder, Klasha
We spend a lot of time educating founders on basic legal concepts: what they need to do for us to invest in them. Clara automates these functions. As Clara’s first institutional investor, we knew intuitively from inception, this company will be a game changer.
Vijay Tirathrai Managing Director, Techstars
You can’t beat Clara’s ESOP functionality. It allows us to grant options to our team in a few clicks while automatically updating our cap table. Truly next level.
Michael Hunter Co-Founder & CEO, Holo
Founders often struggle with managing their legal function due to lack of expertise and resources. And we’ve seen poor legal structures create hurdles to our investing in otherwise healthy startups. Investors like ourselves love that Clara gives founders the tools they need to establish, grow and scale their startups from day one on a best-practice basis.
Shane Shin Founding Partner, Shorooq
US cap table solutions aren’t tailored to the differentiated needs of international startups. Clara is the only cap table provider we found that had emerging market startups in mind. Add to that all the other things you can do on the Clara platform, from building your ESOP to data room management, and switching was a no brainer.
Omar Rifai Co-founder, GrubTech
From company formation to maintaining the cap-table, by using Clara founders can digitally form their companies in a range of jurisdictions, create and manage their cap-tables and generate legal documents. Clara is quickly becoming an integral part of the startup software stack.
Daniel Dos Reis Investment Director, Wamda Capital
Clara is a must-have for founders. Not only does it provide all the legal tools you need in a single platform, using Clara also signals to investors that you are a serious startup.
Mazen AlDarrab Founder & CGO, Zid
IP Assignments, what? I didn’t even know they existed before Clara. For startups, setting up governance, corporate structures, data rooms and fundraising are all hard to get right. Clara’s legalOS is premium. It pays for itself.
Zohare Haider Co-Founder & CEO, Jalebi
Binance uses Clara to incorporate and manage ADGM entities. The team at Clara are extremely efficient and go the extra mile to ensure we always have a smooth experience and meet our deadlines. Top-notch service!
Vishal Sacheendran Head of Strategy and Operations, Binance
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