Equity Agreement: Sweat

Equity vests as follows:

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. sweat equity agreement

The term "sweat equity" implies that the value added to the company comes from the "sweat" of the individual’s brow—their hard work—rather than a financial investment. Equity vests as follows: In exchange for the