Equity Thru Efforts Compensation Tool

Excel Tool_ Deferred Equity Compensation using a Convertible Note

This tool allows users to enter work items from outside partners and the associated compensation for each effort.  Initial payments can be recorded, with the remaining amount deferred until an equity round occurs.  The tool calculates the number of shares and the equity percent for each partner/contributor after an equity financing round has closed.  The tool contains example data that can be replaced by actual data supplied by the user.  Article 5.050102, “Equity for Efforts” describes the advantages of using Convertible Notes or SAFE instruments to compensate outside resources.