📋 Template
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Intermediate
Why we picked it Where FAST is the one-pager, this spells out the exit mechanics in plain clause language you can lift: either party terminates at-will on 30 to 60 days written notice, vesting stops immediately on termination, unvested shares are forfeited, and vested options stay exercisable for 90 days. Read this so your advisor agreement actually lets you stop the vesting going forward, which is the specific lever the answer tells you to pull.
Startup Advisor Agreement Template (FAST-Style, 2025)
From Promise Legal by Promise Legal copy-paste template + notes
- Standard advisor vesting is 2 years monthly, much shorter than the 4-year employee schedule, so exits come around fast
- The termination clause is the load-bearing part: at-will notice plus immediate vesting stop is what makes a clean break possible
- Vested options carry a 90-day exercise window post-exit, a detail worth flagging to the advisor so the parting stays amicable