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Example Senior Expert Sweat Equity Offer


Senior Expert Advisor (Consultant)

Date: 0000-00-00

To: Casey Example Email: [email protected]


Introduction

Dear C. Example,

We are excited to extend an offer to join Startr LLC as a Senior Expert Advisor. Your extensive background in design and product development, coupled with your willingness to provide weekly coaching sessions to our executive director, makes you an invaluable addition to our team. We believe your guidance and expertise will significantly contribute to our growth and success.

Company Overview

Startr LLC, a Wyoming-based company, is transforming the EdTech industry. With a focus on innovation, transparency, and collaboration, we aim to build an open-source ecosystem that fosters significant change.

Role Details

Position: Senior Expert Advisor
Responsibilities:

  • Provide weekly sessions with the executive director.
  • Offer strategic advice on design and product development.
  • Potentially take on a larger role as the company grows.

Time Commitment

This role requires a commitment of 1-2 hours per week for coaching sessions. We understand the value of your time and appreciate your willingness to contribute to our team at Startr.

Equity Compensation

As a pre-seed startup, we offer sweat equity to reward your contributions. You will receive 0.1% equity in the company, vesting over 4 years with a 1-year cliff. This means 0.025% will vest after the first year, and the remainder will vest monthly thereafter.

Stipend

In addition to your equity compensation, we will offer a nominal stipend of $1 for each session you provide to any team member. This token amount is intended to acknowledge your effort, though we recognize the true value of your time and expertise far exceeds this.

Additional Benefits

In addition to equity and the stipend, we offer:

  • The opportunity to work on open-source projects that make an impact.
  • Flexible working hours and remote work options.
  • A collaborative and inclusive work environment.

Confidentiality and IP

All work products created during your engagement with Startr LLC will be the sole property of the company and will be published under open-source licenses, whenever possible. You will be required to sign confidentiality and intellectual property agreements.

Next Steps

If you accept this offer, please sign and return the attached agreement by 0000-00-00. Once we receive your signed agreement, we will provide further details regarding your start date and onboarding process.

Closing

We are thrilled about the possibility of you joining the Startr team and contributing to our success. If you have any questions or need further information, please do not hesitate to contact us.

Warm regards,

A. Somma
Founder & Executive Director, Startr LLC
[email protected]