FAST Agreement

A FAST agreement, short for Founder Advisor Standard Template agreement, is a widely used document in the startup world to formalize the relationship between a company and an advisor or mentor. This agreement outlines the terms under which the advisor will provide guidance and expertise to the company in exchange for equity in the business. Unlike traditional consulting arrangements that rely on monetary compensation, a FAST agreement aligns the interests of both parties by offering equity stakes that can be earned over time based on specific milestones or vesting schedules.

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