This is a bilateral proposal between Polywrap and dOrg to do the following:
- Terminate dOrg’s Flex Contributor and Committed Contributor work streams for Polywrap on Dec 31, 2022.
- Polywrap agrees to pay dOrg a discounted solicitation fee (see calculation below) by Jan 31, 2023 to be released from dOrg’s non-solicitation policy and gain the perpetual right to directly contract any dOrg member.
- dOrg agrees to release and discharge Polywrap from any and all claims, demands, damages, losses, liabilities, costs and expenses, of any nature whatsoever, known or unknown, which dOrg has or may have against Polyrwap arising from any act or omission of Polywrap, or any of its agents or representatives.
This solicitation fee is calculated based on the total annualized earnings of dOrg members working through the committed contributor work stream that is now being terminated.
|Discounted non-soliciation fee (normally 20%)||10.00%|
|Due to dOrg||$102,375|