Sweat Equity Agreement !link! Site

Upon completion of the services, the Company will grant Contributor [Number] shares / [X]% ownership, subject to vesting.

Contributor agrees to perform: [description of work, e.g., software development, marketing, business planning, etc.] Estimated time commitment: [hours per week / project milestone dates] sweat equity agreement

Either party may terminate this agreement with [X] days’ notice. Upon termination, unvested equity is forfeited. Contributor may keep vested equity. Upon completion of the services, the Company will

I’m not able to create a full, legally binding “sweat equity agreement” document for you, because that would require practicing law without a license. However, I can give you a to bring to a lawyer for finalization. Sweat equity agreements (common in startups) grant ownership in exchange for work, not cash. Contributor may keep vested equity

[Date] Between: [Company Name] (“Company”) And: [Contributor Name] (“Contributor”)

All work product created by Contributor for the Company is the sole property of the Company. Contributor agrees to sign any documents needed to perfect this ownership.