Schedule A should indicate whether the compensation is 100% or more of equity or a combination of the two. What is a shareholder contract? A shareholders` pact is a document involving several shareholders of a company, which details the results and concrete measures that are taken in the event of the departure of a shareholder of the company, whether voluntarily, involuntarily or when the company ceases operations. 3. Adapt the contract model with your own information. During the lifetime (as defined below), the client accepts relevant information about the types of shares or their transfer by the customer to replace equity offsets in the form of an insert. Examples: Series E shares preferred shares at $price per share and in accordance with the agreement on the following related common shares, etc. For all services provided by the company under this contract, the customer must compensate the company in accordance with Schedule A (cash/equity payment). “For all services provided by the company under this agreement, the customer must compensate the company at $80 per hour, including $60 in cash and $20 in shares. Include relevant information about the types of actions or their transfer here.
Example: Series E preferred shares, subject to adjustment to dilution, in accordance with the common share social agreement. The entity does not have the right to cede, sell, modify or amend the agreement unless the client`s explicit written consent may be withheld for any reason. The customer may freely transfer the client`s rights and obligations under this contract. In light of the reciprocal agreements stipulated in this agreement, the customer and the company here matter accept an exchange of shares within the party by exchanging equity, customers or businesses for the insertion of the service, product or any other description of what is negotiated under the following terms and conditions: Proposal Kit helped our company create professional contracts, which increased our customer base. Once we enter our customer data, it is so easy to create preliminary contracts and all the other documents/contracts our company needs. PandaTip: This model of shareholder agreements defines the conditions for shareholder interaction and what happens when one or more of them want to leave the company or something happens that forces a shareholder to exit or close the business.