Sweat Equity Agreement
Signature: _____________________________ Name: ______________________________ Title: ______________________________ Date: ______________________________
How much is the work worth? The agreement must establish a clear conversion rate (e.g., "100 hours of coding at $150/hour = $15,000 worth of equity"). sweat equity agreement
: Defines the current monetary value assigned to both the company and the contributor's labor. In exchange for the Services, the Company shall
In exchange for the Services, the Company shall issue [Number] shares of [Type of Stock] to the Contributor. The parties agree that the value of these shares constitutes full payment for the Services described. Contributor should consult a tax advisor
Contributor understands that receipt of equity for services may have tax implications (e.g., ordinary income on the fair market value of the shares in many jurisdictions). Contributor should consult a tax advisor.
I can provide a tailored outline for your specific .