Support - Growing / Managing your team: How can I terminate a contractor?

• If you wish to terminate an employee, please visit this article.

• If you wish to terminate an advisor, please visit this article.

• If you wish to terminate a company officer or board member, please visit this article.

• Can't terminate? Check out this article for possible reasons why.

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To terminate a contractor, please go to your Capbase Dashboard > Team > Employees & Contractors > Terminate contractor.

Select the name of the contractor to be terminated:

Confirm contractor to be terminated, as this action is not reversible:

Enter effective date of termination:

Enter final settlement amount, if applicable:

The amount of vested shares based on termination date is shown.

If you wish to grant accelerated vesting, you'll check the box and enter the number of shares to be granted accelerated vesting:

Review terms for generating termination paperwork:

Preview and Sign documents (click on arrow to expand and click on "preview"):

Once the document is signed, the contractor will be removed from the team page:

You'll find the termination paperwork by going to your Company Dashboard > Document Room > Timeline view:

If you have any questions, feel free to reach out to our support team through live chat or via email at support@capbase.com.
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