Damages: The founder agrees to pay any additional damages assessed by The SoHoLab, including but not limited to monetary compensation, equity, or other remediesnecessary to protect The SoHo Lab's rights. If the startup achieves either of the followingmilestones within the three-year protection period following the founder’s departure:● Generates at least $250,000 in Annual Recurring Revenue (ARR), or● Raises $1,000,000 or more in any form of equity or debt financing,then the founder shall also pay a compensation of $250,000, to be paid in equalinstallments over a 12-month period. Only one of these triggers must be met to enforcethe compensation clause.
not normal at all