The Advisor Stock Option Agreement is commonly used when companies want to attract and retain high-quality advisors by offering equity compensation instead of or in addition to cash compensation. This document type is particularly prevalent in the U.S. startup ecosystem, where it helps companies conserve cash while aligning advisor interests with long-term company success. The agreement must comply with various U.S. regulations, including SEC rules, tax laws (particularly IRC 409A), and state corporate laws. It typically includes detailed provisions about vesting schedules, exercise procedures, and restrictions on transfer, making it a crucial document for establishing clear terms of equity compensation.
Advisor Stock Option Agreement for the United States
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Key Requirements PROMPT example:
Advisor Stock Option Agreement
"I need an Advisor Stock Option Agreement for our Silicon Valley-based tech startup, granting 50,000 stock options to a technical advisor with a four-year vesting schedule and a one-year cliff, starting March 1, 2025."
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let ¶¶Òõ¶ÌÊÓƵ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies the company granting options and the advisor receiving them
2. Background: States the advisor's relationship with the company and the company's desire to grant stock options
3. Definitions: Defines key terms including Option Shares, Exercise Price, Grant Date, Vesting Schedule
4. Grant of Option: Details of the stock option grant, including number of shares and exercise price
5. Vesting Schedule: Specifies how and when options become exercisable
6. Exercise Procedure: Process for exercising options, including payment methods and notice requirements
7. Term and Expiration: Duration of the option and circumstances causing expiration
1. Change of Control Provisions: Acceleration or special handling of options in case of company sale
2. Lock-up Agreement: Restrictions on sale of shares post-IPO
3. Right of First Refusal: Company's right to purchase shares before sale to third party
1. Notice of Exercise Form: Standard form for advisor to exercise options
2. Copy of Stock Plan: Company's equity incentive plan under which options are granted
3. Tax Election Forms: Required tax forms including 83(b) election form if applicable
4. Vesting Schedule Details: Detailed breakdown of vesting dates and amounts
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Equity Option Contract
A U.S.-governed contract establishing the terms for the right to buy or sell equity securities at specified terms.
find out more
Employee Stock Grant Agreement
A U.S. legal agreement outlining terms for granting company stock to employees, including vesting schedules and transfer restrictions.
find out more
Advisor Stock Option Agreement
A U.S.-governed agreement that establishes terms for granting stock options to company advisors as compensation for their services.
find out more
Option To Purchase Shares Agreement
A U.S.-governed agreement granting rights to purchase company shares at a preset price and conditions.
find out more
Option Grant Agreement
A U.S.-governed agreement that grants stock options to employees or other eligible recipients, specifying terms for future stock purchase at preset prices.
find out more
Phantom Share Agreement
A U.S.-governed agreement providing synthetic equity rights that mirror stock ownership benefits without actual share issuance.
find out more
Employee Share Agreement
A U.S.-governed agreement establishing terms for granting company shares to employees as part of compensation or incentive programs.
find out more
Employee Stock Option Agreement
A U.S. legal agreement granting employees the right to purchase company stock at preset terms under federal securities and tax laws.
find out more
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)