Jersey City New Jersey Shared Earnings Agreement between Fund & Company

State:
Multi-State
City:
Jersey City
Control #:
US-ENTREP-0057-1
Format:
Word; 
Rich Text
Instant download

Description

"A "Shared Earnings Agreement" (SEA) isan arrangement between a business and an investor about an upfront investment in a startup or a small businessthat entitles the investor to a share of the future earnings (hence the name) of the business. used as a substitute for equity-like structures like a SAFE, convertible note, or equity. It is not debt, doesn't have a fixed repayment schedule, doesn't require a personal guarantee."
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Jersey City New Jersey Shared Earnings Agreement between Fund & Company
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