This is an agreement between a purchaser and a vendor for the sale of shares in a
company whereby the purchaser satisfies the purchase price with sweat equity. Sweat
equity is defined as the labor and time devoted to serving a particular company or
project. If the company does not increase in value due to the purchaser’s sweat equity,
the vendor will have the option to buy back the shares at a set price. This agreement
can be used by individuals or entities that want to enter into a transaction for the
purchase and sale of shares by using sweat equity as payment consideration.
SWEAT EQUITY AGREEMENT
THIS AGREEMENT made as of the ____ day of ______________, 201_____.