Partnership Terms with Individual Contributors
Addonix LLC offers a partnership format focused on the individual contributor’s results and contributions to the creation and development of the company’s software solutions.
The terms include a trial period and two possible formats for further cooperation.
1. Trial Period
During the trial period, the individual contributor receives a fixed assignment to complete a specific scope of work.
Upon completion of development:
- The project undergoes deployment and testing for defects.
After resolving identified defects, the individual contributor receives a fixed compensation. - The amount of compensation is agreed upon during the technical specification approval stage and can only be adjusted in case of significant unforeseen circumstances not identified during the initial agreement.
2. Partnership Formats After the Trial Period
After successfully completing the trial period, the individual contributor may choose one of the following two cooperation formats:
Option 1: Fixed Compensation for Work Based on Technical Specifications
- The individual contributor performs tasks based on an agreed-upon technical specification.
- Compensation is paid upon successful completion of the work.
Terms are similar to those of the trial period.
Option 2: Revenue Share Based on Product Sales
- The individual contributor develops new software products or implements significant quality improvements to the company’s existing products in a highly autonomous manner.
- Product development ideas are discussed conceptually; execution is carried out independently by the individual contributor.
The company pays the individual contributor a percentage of the revenue from the products they have worked on. - The compensation percentage is determined before development begins and remains valid for 1 year from the start of product sales. For new products, the compensation can be up to 50% of the revenue. For existing products, the compensation can be up to 50% of the revenue generated from new users.
