Dynamic Equity Agreement

How do I order a Dynamic Equity Agreement?

??For Founders of early stage start ups Dynamic Equity allows the possibility of tracking Founders contributions to the business with a plan on issuing equity later based on their contribution to the Company. The Dynamic Equity Split is based on Slicing Pie by Mike Moyer https://slicingpie.com/

There are a number of ways to integrate the Dynamic Equity principles in to a business and we can assist you with the right approach for you.

A Dynamic Equity Shareholders Agreement sets out these principles for your business.

Simply fill in our form below. We will have our solicitors review all of your details and give you a quote before proceeding.

Step 1 of 9

Name
First Last
Organisation
ACN/ABN
Address
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country
Phone
Email

For Founders of early stage start ups Dynamic Equity allows the possibility of tracking Founders contributions to the business with a plan on issuing equity later based on their contribution to the Company. The Dynamic Equity Split is based on Slicing Pie by Mike Moyer https://slicingpie.com/ There are a number of ways to integrate the Dynamic Equity principles in to a business and we can assist you with the right approach for you. A Dynamic Equity Shareholders Agreement sets out these principles for your business.

Please complete this order form. We will provide you with a quote before proceeding.

Description of Business
Description of business, business name, location.
Have you incorporated a Company?
- Yes
- No
Company Name ACN
Have you commenced using a dynamic equity tracking/calculation tool?
- Yes
- No
What type?

Conditions Precedent
Are there any conditions precedent to the shareholders agreement coming into place i.e. things that need to be achieved prior to the shareholders agreement binding the members

Please attach a Company Search, or we can do one for you
- I don't have a company search, please do one for me
Directors
Full Name Address
Directors Appointment
Will members with a certain percentage of shares have the right to appoint a representative director to the Board? If yes what percentage (eg. >20%). Or will Directors just be appointed by a majority vote of all members?
Members
Name Address
How often are members meetings and directors meetings to be held?
e.g. quarterly, annually?

Management
Is there a day to day Manager who will make ordinary business decisions? What is their title? Any specific requirements on the Manager (budgets, business plans)?
Special Majority Approval of Directors
Certain matters require a 75% vote of Directors. Eg. borrowing over what amount? Purchasing assets greater than what amount?

Dividend Policy
Dividends at certain time of the year? Or determined by special majority of the Board?
Business Plans
Annually? Or just as required?
Pre-emptive Rights
On share issue and share transfer?
Possible Stock Exchange Listing
Is the Board to consider a possible stock exchange listing within x years?

Departing Founder
Can the company buy back the departing Founders shares if they leave within 3 years? (We can discuss with you)
Founder Vesting
Is this relevant to you? What percentage of Founder shares will vest over what period?
Default Events and Mandatory Transfer
These lead on to a transfer notice eg. breach of the agreement, Insolvency, death, other? (We can discuss with you)
Restraint Provisions
Will the members and directors be restricted from engaging in a business which is similar to and in competition with the Business, taking customers or employees? During the time they are involved in the Business? For what time period after they are no longer involved? Maximum time period and geographical area?
Disassociation while Grunt Fund Exists
What happens when a grunt resigns for good reason or the company terminates without good reason? What happens when a grunt resigns without good reason or the company terminates for cause? (We can discuss with you)
Other Specific Requirements?

Would you like us to include your logo on the documents?
- Yes
- No - we will include the Document Shop logo.
Logo
Accepted file types: jpg, gif, png.
Acceptance of terms and conditions
- By ticking this box, I/we acknowledge that I/we have read and agree to the Document Shop Pty Ltd terms and conditions and acknowledgement [available on our website at www.documentshop.com.au or contact us at info@documentshop.com.au and we will e-mail or post a copy to you].

Q & A ???Dynamic Equity Agreement

The questions and answers below are for information purposes only and are not advice. You should arrange your own legal, accounting, financial and other advice.

What is Dynamic Equity?

Dynamic Equity is outside the box. Based on the book ???Slicing Pie??? by Mike Moyer it is a model that creates a fair equity split in the early stages of building your company. At a time when you don???t have cash to pay for contributions the model provides a method of tracking contributions fairly and later allocating equity in those proportions. A grunt is a person who is engaged to make contributions to the Company in exchange for a future cash payment or share in the equity of the Company.

We can assist you with putting in place an agreement that reflects the principles of dynamic equity. We find that this is best set out in a Shareholders Agreement with dynamic equity provisions, customised for your business.

Please complete the online order form and we can give you a quote to prepare your tailored agreement.

Disclaimer

You should not rely solely on the information in these questions and answers because they are of a general nature only and the tax and commercial laws apply differently to different people and circumstances. Also as the law changes constantly, there may have been changes to the law since these questions and answers were written. None of the information is intended to be legal, accounting, financial or other advice. You must not act on the information. You must seek your own legal, accounting, financial and other advice.

Document Shop Pty Ltd and it???s directors, officers, employees, agents, consultants and the author of these questions and answers expressly disclaim any and all liability to any person or entity for the consequence of anything done or omitted to be done by any such person or entity relying on a part or all of the contents of these questions and answers.

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