~repack~ - Sweat Equity Agreement
[Date] Between: [Company Name] (“Company”) And: [Contributor Name] (“Contributor”)
Contributor will provide services to the Company in exchange for equity (ownership units) instead of cash compensation. sweat equity agreement
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. subject to vesting. [State/Country]
Upon completion of the services, the Company will grant Contributor [Number] shares / [X]% ownership, subject to vesting. sweat equity agreement
[State/Country]