You will want to have a lawyer advise you on your agreements. Although your
drafting is pretty tight, it could be a bit tighter, and there are certain
legal issues that arise, such as how a "project" can own anything (such as
copyrights). You'll likely want a jurisdiction and choice-of-law clause as
well.

On Tue, May 15, 2012 at 1:40 AM, Mike Dewhirst <mi...@dewhirst.com.au>wrote:

> This is off-topic except for people starting un(der)-funded Django
> projects.
>
> I have written some guidelines for stakeholders and developers plus an
> equity-in-lieu-of-salary agreement.
>
> The guidelines come from my own experience in projects. Apologies to Scrum
> and eXtreme purists but I need to start easy.
>
>    
> https://github.com/mdewhirst/**sweat-equity/wiki/_pages<https://github.com/mdewhirst/sweat-equity/wiki/_pages>
>
> I would really appreciate some constructive criticism, suggestions etc
> before I try and use it for real.
>
> You may find it useful for your own project. The idea is that a venture
> capitalist will be more confident to invest if you have a dev team locked
> in and the project is already kicking goals.
>
> Thanks for any feedback.
>
> Mike
>
>
>
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>


-- 
Marcin Tustin
Tel: 07773 787 105

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