Scope of Services
Describe specific adviser duties, deliverables, reporting cadence, and any exclusivity limitations to prevent scope creep or unintended obligations.
A written Corporate Advisers Agreement clarifies expectations, protects confidential information, and limits legal exposure by documenting adviser scope, compensation, and authority. It helps avoid disputes over deliverables, protects company IP and trade secrets, and establishes clear termination and indemnity provisions.
Signing requires authorized signatories on both sides and may involve board approval or corporate minute documentation depending on governance rules.
A director or officer with corporate signing authority should execute the agreement for the company. Confirm board charters or bylaws to ensure the signer has delegated authority; where required, attach a board resolution or certify the signer’s authority in a corporate certificate.
The adviser signs as an independent contractor unless the parties intend employment terms. The adviser’s signature block should include full legal name, entity (if applicable), and tax identification for payments and any equity documentation.
Describe specific adviser duties, deliverables, reporting cadence, and any exclusivity limitations to prevent scope creep or unintended obligations.
Specify cash fees, equity grants, vesting schedules, reimbursement mechanics, expense approval, and tax treatment of equity or payments.
Define confidential information, permitted disclosures, duration of confidentiality, and remedies for breach, including injunctive relief where appropriate.
Clarify ownership of work product, assignment of inventions, and any license back rights to the adviser for pre-existing IP.
Set the agreement’s effective date, term length, termination for convenience or cause, notice periods, and post-termination obligations.
Include adviser warranties (no conflicts), compliance with laws, conflicts disclosure, indemnities, and limited liability provisions where appropriate.
| Field | Configuration |
|---|---|
| Signing Order | Sequential signing: Company first, then adviser |
| Authentication | Email plus SMS or access code for adviser identity |
| Document Retention | Save final PDF plus audit trail and store in encrypted archive |
| Notifications | Reminders at 3 and 7 days for unsigned parties |
Ensure the platform supports your required signer authentication level and retention policy before sending agreements for signature.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | No | No | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Enter as MM/DD/YYYY; begins obligations and vesting
Commonly 30–90 days for termination for convenience
Specify a vesting commencement date tied to services or a calendar date
List milestone dates and acceptance criteria in an exhibit
Obtain prior approval for material equity grants where governance requires it
Finalize scope, compensation, and key protections prior to approval
Secure legal and budget sign-off and any board resolutions
Obtain signatures from authorized signatories and record execution date
Store executed copy, monitor deliverables, and track vesting or termination dates
A seed-stage company engages a former executive for fundraising introductions and strategy
A mid-market firm hires a restructuring adviser to guide a refinancing process