Fast Agreement Template

A FAST consulting agreement is a simple and short contract by which a person acts as a mentor or advisor for a company. Under a FAST agreement, the person does not receive cash compensation for their service, but rather has the right to receive shares in the future. Through the use of a FAST agreement, the consultant serves as an independent advisor and not as a collaborator. The conditions for exercising the FAST agreement are described at these three fundamental levels of the ideas, startups and growth phase and vary according to the commitment of each consultant to the company. Clayton Bryan is associated with 500 startups. He advises companies at the beginning to look not only for someone who can advise temporarily, but also someone who “can teach and perhaps care for someone younger.

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