Token Advisory Agreement with Vesting

Advisors are critical to early-stage blockchain projects, but compensating them with tokens creates legal complexity. This template documents the advisory relationship, the token grant amount, and a vesting schedule (with optional cliff and milestone triggers). It includes IP assignment, a non-solicitation clause, and a CRA acknowledgment that token compensation may be a taxable benefit — a point advisors and companies often overlook.

Ontario / Canada4 min to completeFree PDF download
Drafted by Ontario lawyers
ESA / Ontario law compliant
Free to download
Token Advisory Agreement with Vesting

Parties

Enter details for the company and the advisor.

Step 1 of 5Parties

Use the exact name on your Certificate of Incorporation.

1 / 5Parties

This template is provided for informational purposes only and does not constitute legal advice. Laws change — have a licensed Ontario lawyer review any agreement before signing.

Why use this template?

  • Clear advisory scope prevents future 'I thought I was a co-founder' disputes
  • Cliff + linear vesting aligns the advisor's incentives over time
  • Milestone vesting toggle for outcome-based compensation
  • IP assignment ensures the company owns all work product
  • CRA tax acknowledgment surfaces the tax issue before it becomes a surprise

Need this reviewed?

$299 flat fee

Token vesting schedules interact with CRA's tax rules in non-obvious ways. A lawyer can structure the grant to minimise unexpected tax exposure.

Free Consultation

Need this reviewed by a lawyer?

$299 flat fee
Free Consultation