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Equity For Services Agreement
"Need an Equity For Services Agreement for a Singapore tech startup engaging a senior software architect, offering 5% equity vesting over 3 years starting March 2025, with standard IP assignment and non-compete clauses."
1. Parties: Identification of the service provider and the company
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Services: Detailed description of services to be provided
5. Equity Compensation: Details of shares/options to be issued, including quantity, class, and vesting schedule
6. Term and Termination: Duration of agreement and termination provisions
7. Representations and Warranties: Standard declarations by both parties
8. Confidentiality: Protection of confidential information
9. Governing Law: Specification of Singapore law as governing law
1. Non-Compete: Restrictions on competitive activities - use when protecting company interests from competition
2. Intellectual Property: IP ownership and transfer provisions - use when services involve creation of IP
3. Performance Metrics: Specific targets or KPIs - use when equity is tied to performance
4. Board Seat: Rights to board representation - use when service provider receives substantial equity
1. Service Description Schedule: Detailed scope of services
2. Vesting Schedule: Detailed timeline of equity vesting
3. Share Certificate: Template or copy of share certificate
4. Performance Metrics Schedule: Detailed KPIs if applicable
5. Company Constitution Extract: Relevant sections of company constitution regarding share issuance
Authors
Board
Business Day
Company
Company Constitution
Completion Date
Confidential Information
Effective Date
Equity Compensation
Fair Market Value
Fully Diluted Basis
Intellectual Property Rights
Issue Price
Ordinary Shares
Parties
Performance Metrics
Preference Shares
Services
Service Provider
Share Certificate
Shareholders
Shareholders' Agreement
Share Capital
Shares
Singapore Dollar
SGD
Term
Termination Date
Vesting Date
Vesting Period
Vesting Schedule
Work Product
Services
Service Provider Obligations
Company Obligations
Equity Compensation
Share Issuance
Vesting
Performance Requirements
Representations and Warranties
Confidentiality
Intellectual Property Rights
Non-Competition
Non-Solicitation
Term and Termination
Force Majeure
Assignment
Notices
Relationship of Parties
Compliance with Laws
Share Transfer Restrictions
Tag-Along Rights
Drag-Along Rights
Pre-emptive Rights
Board Matters
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendments
Waiver
Costs and Expenses
Counterparts
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