Document background
The Independent Contractor Equity Agreement is essential for companies in England and Wales seeking to engage contractors while offering equity as part of their compensation. This arrangement is particularly common in startup environments where cash conservation is crucial, but the company wants to attract top talent. The document combines standard contractor terms with sophisticated equity provisions, ensuring compliance with both company and employment law while protecting both parties' interests. It's designed to clearly establish the contractor relationship while providing detailed terms of equity participation, including vesting schedules, share rights, and transfer restrictions.
