Equity For Services Agreement Template for New Zealand

1. Non-Competition: Restrictions on competing activities, used when service provider will have access to sensitive business information

2. Performance Metrics: Specific KPIs or milestones tied to equity vesting, used when equity release is performance-based

3. Board Participation: Terms for board observer or director rights, if applicable

4. Tag-Along Rights: Rights to participate in future share sales, used for significant equity stakes

5. Drag-Along Rights: Obligation to participate in company sale, used for significant equity stakes

6. Pre-emptive Rights: Rights regarding future share issuances, used for substantial equity positions

7. Insurance Requirements: Professional insurance obligations, used for high-risk services

8. Change of Control: Provisions dealing with company ownership changes, used for strategic relationships

1. Schedule 1: Service Description: Detailed scope of services and deliverables

2. Schedule 2: Equity Terms: Detailed terms of equity issuance including vesting schedule and conditions

3. Schedule 3: Performance Criteria: Specific metrics or milestones for equity vesting if applicable

4. Schedule 4: Company Information: Key company details including capital structure and existing shareholders

5. Appendix A: Share Certificate: Pro forma share certificate

6. Appendix B: Shareholders' Agreement: Key terms from existing shareholders' agreement that will apply

7. Appendix C: Board Resolution: Copy of board resolution approving the equity issuance