Counterpart / draft agreement
Your venture
Builder & Counterpart
1.Parties and work
, represented by , engages for . Responsibilities: . Builder commitments: . Neither person may bind the other without written authority.
2.Acceptance and duration
Work starts only when the invited counterpart accepts this exact offer. The paid trial lasts days. Continuing beyond the trial requires both parties' recorded agreement. The total engagement lasts at most days from acceptance unless a new agreement is accepted. A KPI does not automatically extend the engagement or create cofounder status.
3.Fees and commission
Monthly fee: PHP , prorated by active calendar days in each month. Commission: % of eligible collected revenue. Eligible revenue, including exclusions and refund treatment: . Attribution: . Figures in the weekly ledger alone do not establish a payment or equity award.
4.Evidence and payment
Register eligible deals during the engagement. Submit collection evidence and unique receipt references. Fees accrue under the agreement and may be claimed after month-end or departure. Payment is due within days after the relevant collection or fee period ends. Review must be prompt; a dispute does not erase earned compensation. The platform records external payments; it does not hold or transfer funds.
5.Expenses and access
Expenses and approvals: . The builder supplies agreed access and product support. Deliberately withholding access, attribution records, or collection information does not cancel accrued compensation.
6.Ending and pipeline
Either party may end the engagement by recorded notice, subject to applicable law. New work and new deal registration stop at departure. Eligible collections on pre-exit registered deals remain commissionable for days after departure. No automatic lifetime commission or company-wide profit share is created. Accrued fees, commissions, documented expenses, and other surviving obligations remain payable. Complete handover and revoke unnecessary access.
7.Confidentiality and work product
Use confidential information only for this work and protect personal data and credentials. Pre-existing IP remains with its owner. Record any required license or assignment in a separate written document; this template does not silently transfer pre-existing IP.
8.Evidence, corrections and disputes
Keep accurate records. Corrections and dispute outcomes are recorded without deleting earlier evidence. The agreed dispute process is: . Either party can open a review case. Platform administration records outcomes but does not replace the agreed forum or statutory rights.
9.Separate cofounder decision
This commercial agreement grants no equity. Becoming a cofounder requires a separate agreed instrument identifying the company, share class, units, capitalization basis, vesting, approvals, and departure terms. Leaving does not automatically cancel equity already validly earned under such an instrument.
10.Record and amendments
The offer, responsibilities, compensation, milestone definitions, and template version are saved together. Acceptance records both parties' agreement to that offer. Changes require a new accepted document; editing a public preview cannot change an existing engagement. Mandatory legal rights continue to apply.
Draft only · operator_v1 · Version operator_v1. Complete and review the terms before accepting. This agreement records cash compensation; it does not grant shares or determine employment status. Obtain advice suited to the actual working relationship.