Sprintlaw offers smart, simple and affordable legal solutions for small businesses and startups.
Get started
We'll get back to you within 1 business day.
Proceeding confirms you agree to our Privacy Policy
We'll get back to you within 1 business day.
Proceeding confirms you agree to our Privacy Policy
Do I need a Sweat Equity Agreement?
Under a Sweat Equity Agreement, employees or contractors receive equity in exchange for providing services to a business. It’s an important document for protecting both parties and establishing ground rules.
Drafting a Sweat Equity Agreement to meet the specific requirements of your business
Phone consultations with our expert lawyers
Fast turnarounds
Fixed-fee pricing
sprintlaw
A Sweat Equity Agreement typically includes clauses setting out the amount of equity to be granted, and any milestones to the equity being granted. It also lays out the services to be provided by the worker and termination clauses.
Sweat Equity Agreements are usually used by startups to engage workers because they can’t afford to pay them at first. They are also sometimes used with software developers for similar reasons.
Just submit an enquiry via this page or click the ‘get started’ button on our website to submit an enquiry. After you’ve submitted an enquiry, one of our legal consultants will review your enquiry within 1 business day and get in touch to get a better idea of exactly what you are looking for.
Then your legal consultant will send through an email with a bit more information about the services you need, along with a fixed-fee quote setting out costs, scope of the service and timing. Have a read through it, and if you’re happy with the scope, you can accept and sign our engagement letter online – easy!
Once you’ve formally accepted, we’ll connect you with a specialist lawyer and they will work with you to complete your project. They will contact you by email or phone if they need to get in touch.
Our fixed-fee packages for Sweat Equity Agreements start at $1700 + GST. This includes a Sweat Equity Agreement drafted to meet your specific needs, phone consults with our expert lawyers, and a complimentary amendment to the final draft we provide to you.
Our legal team is made up of experienced lawyers, who are specialists in various areas of law and hold an Australian legal practising certificate. None of our Sprintlaw lawyers are New Zealand qualified lawyers and they do not currently hold a New Zealand practising certificate. They provide legal services working remotely from Australia via our ‘legal consultancy’ model, through which (under section 6 and section 35 of the New Zealand Lawyers and Conveyancers Act 2006) our Australian legal team are permitted to provide legal services to New Zealand businesses provided they do not provide services in certain ‘reserved’ areas of law. You can read our FAQ page to learn a bit more about our ‘legal consultancy’ model.
Given the strong similarities between Australian and New Zealand law, and the areas of law in which we practice (being small business and startup law), we do not view the fact that our lawyers have not qualified in New Zealand as having any substantive impact on the quality of our service. We are committed to ensuring that we provide high quality, affordable legal services to all our New Zealand clients.
Our legal team have all trained at leading Australian firms, but have left the traditional corporate law world to join us on our mission to create a new and better way of delivering legal services. They have specialist expertise in technology law, intellectual property law, contract drafting and review, corporate law and commercial law.
We’re an award-winning, totally online legal provider. Forget the hassle of meeting face-to-face. Our top-trained legal team is ready to help wherever you are in New Zealand.
Our legal team were recruited from top law firms and use our custom-built technology to provide a better and more affordable legal service.
1 / Get a free quote
Our legally trained consultants will prepare a fixed-fee quote for you.
2 / Accept online
Accept your fixed-fee quote and e-sign our engagement letter.
3 / Speak with us
Our expert legal team will talk you through your project via phone, video call or whatever suits!
That's it!
Receive your completed project, usually within 5 - 10 working days.
We help New Zealand businesses across all industries – from tech startups in Auckland to restaurants in Queenstown. Read our Google reviews.
Adapt Leadership
“Can't speak highly enough of my experience with Sprintlaw - quality advice, fast and efficient responsiveness and a professional product.”
Kiindred
“I had a fantastic experience with Sprintlaw - it was easy, cost-effective and their lawyers provided very high quality advice. I could tell they really cared about my business.”
Soul Burger
“They’ve helped us tremendously and are seriously knowledgeable and honest. Couldn’t recommend the crew at Sprintlaw more!”
Hi there!
You're visiting Sprintlaw . Would you like to switch to Sprintlaw ?
YES, TAKE ME TO THE SITE NO, STAY ON SITE