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Texas Advisor Agreement Template

Generate a advisor agreement compliant with Texas law. Professionally drafted, customizable, and ready to e-sign.

Advisor Agreement with Equity (Texas)

This Advisor Agreement (the "Agreement") is entered into as of [Effective Date] (the "Effective Date"), by and between [Company Name], a [Company Entity Type] organized under the laws of the Sta...

1.

ENGAGEMENT AS ADVISOR

2.

ADVISORY SERVICES

3.

TIME COMMITMENT

4.

EQUITY GRANT

5.

VESTING SCHEDULE

6.

EXERCISE PRICE AND TERMS

7.

SECTION 83(b) ELECTION

8.

CONFIDENTIALITY AND TRADE SECRETS

+ 8 more sections

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Texas Legal Considerations

Texas is widely considered a business-friendly state with strong contract enforcement traditions. The state follows at-will employment, enforces reasonable non-competes, and has no state income tax — factors that influence how contracts are drafted and compensation structured.

When drafting a advisor agreement under Texas law, it's important to account for these local requirements to ensure your agreement is enforceable.

Texas-Specific Provisions

  • Non-compete agreements are enforceable if reasonable in scope, duration, and geography
  • Texas follows the economic reality test for worker classification
  • The Texas Business and Commerce Code governs commercial transactions
  • Texas courts generally favor freedom of contract and enforce agreements as written

What's Included

1.ENGAGEMENT AS ADVISOR
2.ADVISORY SERVICES
3.TIME COMMITMENT
4.EQUITY GRANT
5.VESTING SCHEDULE
6.EXERCISE PRICE AND TERMS
7.SECTION 83(b) ELECTION
8.CONFIDENTIALITY AND TRADE SECRETS
9.INTELLECTUAL PROPERTY ASSIGNMENT
10.NON-COMPETITION AND NON-SOLICITATION
11.INDEPENDENT CONTRACTOR STATUS
12.CONFLICTS OF INTEREST
13.TERM AND TERMINATION
14.DATA PRIVACY
15.GOVERNING LAW AND DISPUTE RESOLUTION
16.GENERAL PROVISIONS

Enforcement

Contracts governed by Texas law are subject to the state's specific enforcement standards. Courts will evaluate the reasonableness of restrictive provisions and may modify overly broad terms rather than voiding the entire agreement.

Frequently Asked Questions

Is this advisor agreement enforceable in Texas?
Yes. Our templates are specifically drafted to comply with Texas law, including all relevant statutes and case law requirements. However, we always recommend legal review for high-value or complex transactions.
What courts handle contract disputes in Texas?
Contract disputes in Texas are handled by state courts. For business disputes, you may also specify federal court or arbitration in your agreement.
Do I need a lawyer to use this template in Texas?
For standard business transactions, our AI-generated templates are designed to be used without legal counsel. For complex deals, high-value transactions, or situations with unusual circumstances, we recommend having a Texas-licensed attorney review the agreement.
How much equity should I give an advisor?
Standard ranges: 0.1-0.25% for light involvement (a few hours/month), 0.25-0.5% for moderate involvement, and 0.5-1% for heavy involvement (weekly calls, strategic guidance). Early-stage companies typically grant more.
What vesting schedule is standard for advisors?
The most common schedule is 2 years with monthly vesting and no cliff. Some agreements use a 1-year vesting with quarterly periods. The FAST Agreement standard is 2 years monthly.

Other Jurisdictions

California Advisor AgreementNew York Advisor AgreementUnited Kingdom Advisor Agreement

Related Templates

Co-Founder AgreementSAFE NoteConsulting Agreement

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