Additional Information
We provide strategic advice and counsel on company operational matters. We bring unique skill sets and experiences that can complement or enhance the capabilities of the company’s founders and team members.
For early stage companies, we are particularly strong for tasks such as building out a company’s network of fundraising options, recruiting top-level talent and the development and deployment of cutting-edge technology. We have a well-structured, written advisor agreement that governs this relationship amongst stakeholders
1. Our Role and Time Commitment
While certain circumstances may call for a very generic high-level description of the advisor’s responsibilities, our role and responsibilities are based upon the context and the expertise required – with clearly defined relationship between the us and the clients from the outset.
We clearly provide a description of the amount of time that the we will need to spend working with the company over specific periods. Our time commitment can be articulated in many different ways, but it is often stated as a number of hours of service and/or a number of meetings or conference calls in which the advisor will participate, typically over a monthly or quarterly period. Our time commitment will be tailored to the role expected and the amount of equity being granted to usr, but it generally ranges from 4–20 hours per month with a commitment to be available on a reasonable “as needed” basis
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2. Confidentiality and Invention Assignment
In the course of their work with a company, we will become privy to much of the inner-workings and confidential information within the company. This confidential information may include financial models, customer information, personnel information, intellectual property and other proprietary information. We understand that the clients have a legitimate interest in keeping this type of information private and thus we will ensure that we keep such information confidential during and after the term of the our relationship with the company.
We also ensure that any inventions and ideas that we develop for the company, in the course of the our work with the company, will be the property of the company itself. To ensure that this occurs, we facilitate an express provision assigning any such inventions and ideas to the company.
3. Conflict of Interest
Our agreements will ensure that the two parties not violating the terms of any other contractual obligations (whether other advisor agreements, employment agreements, stockholder agreements or otherwise). In addition, we ensure through agreements, non-compete and non-solicit restrictions that must be adhered to by all concerned, during the term of the assignment. These are particularly sensitive provisions that should be addressed at the outset of an advisor engagement.