Sweat Equity Agreement Template

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You can open the Sweat Equity Agreement Template in multiple formats, including PDF, Word, and Google Docs.


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Sweat Equity Agreement Template

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Sweat Equity Agreement Template (1)
Between:
[Name of the Contributor]
[Contributor’s ID]
[Contributor’s Address]
[Contributor’s Phone]
[Contributor’s Email]
And:
[Name of the Company]
[Company’s Incorporation ID]
[Company’s Address]
Introduction:
This document formalizes the Sweat Equity Agreement entered on [Contract Start Date], specifying the contributions made by the Contributor in exchange for equity in the Company.
Clause 1: Contribution of Services
The Contributor agrees to provide the following services: [Detail specific services, roles, and responsibilities].
Clause 2: Equity Compensation
In consideration for the services rendered, the Contributor shall receive [Percentage]% equity in the Company, to be vested over [Specify period or milestones].
Clause 3: Vesting Schedule
The equity shall vest according to the following schedule: [Detail vesting terms, such as monthly or quarterly].
Clause 4: Termination of Agreement
This agreement may be terminated under the following conditions: [Specify reasons such as breach of contract, non-performance, etc.], and in such cases, the equity shall be treated as follows: [Specify terms].
Clause 5: Confidentiality
Both parties agree to maintain the confidentiality of proprietary information and trade secrets during and after the term of this agreement.
Clause 6: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Contributor]
[Name of the Contributor]
[Signature of the Company Representative]
[Name of the Company Representative]
Sweat Equity Agreement Template (2)
Between:
[Name of the Contributor]
[Contributor’s ID]
[Contributor’s Address]
[Contributor’s Phone]
[Contributor’s Email]
And:
[Name of the Partner/Company]
[Partner/Company’s ID]
[Partner/Company’s Address]
Introduction:
This agreement is established to outline the terms of sweat equity for contributions made starting on [Contract Start Date].
Clause 1: Definition of Contributions
The Contributor will provide: [List detailed contributions, such as hours, specific tasks, or expertise].
Clause 2: Ownership of Equity
The Contributor agrees to receive [Amount] shares of the Company, subject to the following vesting terms: [Specify terms].
Clause 3: Conditions for Vesting
The conditions for vesting the equity are as follows: [Specify conditions such as milestones or duration of contributions].
Clause 4: Conditions for Termination
This agreement may be terminated based on: [Specify conditions such as failure to meet contributions, voluntary withdrawal, etc.].
Clause 5: Rights of the Contributor
Upon vesting, the Contributor shall gain rights to voting and dividends, as per terms of the Company’s bylaws.
Clause 6: Dispute Resolution
In case of disputes arising from this agreement, both parties agree to mediate before seeking legal recourse.
Signed in [City], [Date].
Sincerely,
[Signature of the Contributor]
[Name of the Contributor]
[Signature of the Partner/Company Representative]
[Name of the Partner/Company Representative]

Form

Please complete the form below to create the Sweat Equity Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Sweat Equity Agreement Template

1. Party Information


2. Company Information


3. Agreement Details


4. Contributions

5. Valuation

6. Vesting Schedule

7. Ownership Transfer

8. Exit Clauses

9. Confidentiality Agreement

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

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Sweat Equity Agreement Template

Printable | Editable Form




Sweat Equity Agreement Template