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Share Allocation Model

Description Investment Equity Shares Vesting Schedule

PRE-SEED & SEED STAGE ($2m to $5m funding; 10,000,000 share capital with no share splitting)

Company Running Cost 5% 500,000 Fully vested


Advisory Board Advisory Services 5% 500,000 48 months
Option Pool Future Employees 10% 1,000,000 48 months
Funds & Services Investors Investment Capital 30% 3,000,000 Schedule
- Pre-seed Investor - $100,000 cash 5% 500,000 - Fully vested
- Service Incubator - $100,000 worth of services 5% 500,000 - 12 months
- Distribution Partners - Network/Distribution Chain 5% 500,000 - 12 months
- Media&Advertisement Partner - $200,000 worth of Ads @50% discount 5% 500,000 - 48 months
- Seed Investor - $2m to $5m 10% 1,000,000 - Fully vested
Team/Co-Founders Sweat Equity 10% 1,000,000 Schedule
- CMO - Sweat Equity 5% 500,000 - 48 months
- CFO - Sweat Equity 5% 500,000 - 48 months
Founder Sweat & Founder’s Equity 40% 4,000,000 Schedule
- Founder's Equity 20% 2,000,000 - Fully vested
- Sweat Equity 20% 2,000,000 - 48 month

51,426.00

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Share Allocation Model

10,000,000

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Service Incubators

Service Service Fee Shares Equity Vesting Schedule

$100,000 worth of service for a total pre-seed equity of 5%

1 Logo & brand guideline design 450,000 6,164 0.06164% 3 months


2 Graphics & Marketing Communications 1,200,000 16,438 0.16438% 6 months
3 Web & mobile app (UI/UX) design 1,200,000 16,438 0.16438% 6 months
4 Web Application Development 2,000,000 27,397 0.27397% 6 months
5 Mobile App Development 2,500,000 34,247 0.34247% 6 months
6 Data Science, Algorithm, AI, Blockchain Developer 2,400,000 32,877 0.32877% 6 months
7 Concept note, Elevator pitch and feasibility study 1,000,000 13,699 0.13699% 3 months
8 Financial Model & Engineering 950,000 13,014 0.13014% 3 months
9 Business Plan 1,000,000 13,699 0.13699% 3 months
10 Growth hack & Digital marketing 2,500,000 34,247 0.34247% 6 months
11 SEO, SEM & Analytics 1,300,000 17,808 0.17808% 6 months
12 Social Media Experts (x5) 4,500,000 61,644 0.61644% 6 months
13 Content Developer 1,000,000 13,699 0.13699% 6 months
14 Introduction video, product video & explainer video 1,000,000 13,699 0.13699% 6 months
15 Work space for a team of 5 (Lagos & Ibadan) 2,400,000 32,877 0.32877% 6 months
16 Taxi Ride/Utility vehicle for 10hrs/day (Lagos & Ibadan) 3,600,000 49,315 0.49315% 6 months
17 Social Media Influencers (x2) 3,000,000 41,096 0.41096% 6 months
18 National Blog Ad & Releases (x2) 3,000,000 41,096 0.41096% 6 months
19 Human Resources Manager 1,000,000 13,699 0.13699% 6 months
20 Miscellaneous 500,000 6,849 0.06849% 6 months
Total 36,500,000 500,000 5.00%

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Service Incubators

100,000.00 365

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Sheet3

Description Investment Equity Shares Vesting Schedule 10,000,000

PRE-SEED & SEED STAGE ($2m to $5m funding; 10,000,000 share capital with no share splitting)

Company Running Cost 5% 500,000 Fully vested

Advisory Board Advisory Services 5% 500,000 48 months

Option Pool Future Employees 10% 1,000,000 48 months

Funds & Services Investors Investment Capital 30% 3,000,000 Schedule

- Pre-seed Investor - $100,000 cash 5% 500,000 - Fully vested

- Service Incubator - $100,000 worth of services 5% 500,000 - 12 months

- Distribution Partners - Network/Distribution Chain 5% 500,000 - 12 months

- Media&Advertisement Partner - $200,000 worth of Ads @50% discount 5% 500,000 - 48 months

- Seed Investor - $2m to $5m 10% 1,000,000 - Fully vested

Team/Co-Founders Sweat Equity 10% 1,000,000 Schedule

- CMO - Sweat Equity 5% 500,000 - 48 months

- CFO - Sweat Equity 5% 500,000 - 48 months

Founder Sweat & Founder’s Equity 40% 4,000,000 Schedule

- Founder's Equity 20% 2,000,000 - Fully vested

- Sweat Equity 20% 2,000,000 - 48 month

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