The Sweat Equity Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable samples for your convenience.
Sweat Equity Agreement Template UK Editable – PrintableSample
Sweat Equity Agreement Template UK 1. Client Information 2. Service Provider Information 3. Agreement Details 4. Scope of Services 5. Sweat Equity Compensation 6. Client Responsibilities 7. Provider Responsibilities 8. Vesting Schedule 9. Confidentiality and Data Protection 10. Termination Clauses 11. Governing Law 12. Signatures and Agreement 13. Declaration and Signatures
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Examples
[Name of the Founders/Equity Holder]
[Equity Holder’s ID]
[Equity Holder’s Address]
[Equity Holder’s Phone]
[Equity Holder’s Email]
[Name of the Company]
[Company Registration Number]
[Company’s Registered Address]
This agreement outlines the terms under which the Equity Holder provides services to the Company in exchange for equity stakes, commencing on [Start Date].
The Equity Holder will contribute the following services and efforts: [List specific contributions, e.g., development, marketing, operations].
In consideration for the services, the Company agrees to provide the Equity Holder with [Percentage]% of equity in the Company, to be vested over a period of [Vesting Period].
Equity shall vest according to the following schedule: [Detail vesting terms, e.g., monthly over [Vesting Period], with a one-year cliff].
This agreement may be terminated by either party with [Notice Period, e.g., 30 days] written notice under agreed conditions, including but not limited to [Specify conditions].
The Equity Holder agrees to keep all proprietary information confidential and not to disclose such information to third parties without prior consent.
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Equity Holder]
[Name of the Equity Holder]
[Signature of the Company Representative]
[Name of the Company Representative]
[Name of the Founder/Effort Contributor]
[Contributor’s ID]
[Contributor’s Address]
[Contributor’s Phone]
[Contributor’s Email]
[Name of the Startup]
[Startup Registration Number]
[Startup’s Registered Address]
This agreement describes the terms under which services will be compensated by equity in the startup, effective from [Start Date].
The Contributor agrees to provide the following contributions: [Detailed list of services, e.g., software development, business strategy, etc.].
The Company shall grant the Contributor [Percentage]% of equity, conditional upon the completion of service requirements as defined herein.
Equity compensation will follow a vesting schedule of [Vesting Duration] with details as follows: [Outline specifics].
Any intellectual property created as a result of the Contributor’s work will be owned by the Company, and the Contributor assigns all rights to the Company.
The Contributor agrees not to engage in any business that competes with the Company during and after the term of this agreement for a period of [Specify Duration].
Any disagreements arising under this agreement will be settled through mediation before any litigation.
[Signature of the Contributor]
[Name of the Contributor]
[Signature of the Company Representative]
[Name of the Company Representative]
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