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Income Share Agreement

Understanding your payment commitment with MOSS

$0 Upfront

No payment required to start learning

12 Months

Payment period after employment

6-Month Guarantee

No payment if you don't find a job

Agreement Overview

This Income Share Agreement ("ISA") is a commitment between you (the "Student") and MOSS to align our success with yours. You pay nothing upfront, and only pay after securing employment that meets minimum income requirements.

Payment Terms

Income Threshold

Payments begin only when you secure employment with annual gross compensation of $35,000 or more. If your income is below this threshold, you owe nothing.

Payment Percentage

You agree to pay 8-15% of your first-year gross salary, determined based on your specific program and final placement. The exact percentage will be specified in your individual ISA contract.

Payment Duration

Payments are made over 12 monthly installments beginning 30 days after your employment start date. After 12 months, your obligation is complete—no lifetime debt.

Example Calculation

Scenario: You land a job with an annual salary of $80,000 and your ISA rate is 10%.

  • Total ISA Amount: $80,000 × 10% = $8,000
  • Monthly Payment: $8,000 ÷ 12 = $666.67
  • Payment Period: 12 months
  • Total Paid: $8,000 (then you're done)

Job Guarantee Protection

6-Month Job Guarantee

If you do not secure qualifying employment (earning at least $35,000/year) within 6 months of program completion while actively engaging with our job placement support, you owe $0. Your ISA is voided with no payment obligation.

Qualifying Employment

Qualifying employment includes:

  • Full-time positions (30+ hours per week)
  • Contractor positions with annualized compensation above $35,000
  • Freelance work with consistent monthly income meeting threshold
  • Employment in any industry (not limited to tech)

Payment Deferrals & Hardship

We understand life circumstances can change. Payment deferrals are available if:

  • You lose your job (payments pause until re-employment)
  • Your income drops below $35,000 (payments pause automatically)
  • You experience documented financial hardship
  • You return to full-time education

The 12-month payment period extends by the deferral duration, but your total payment amount never increases.

Income Verification

You agree to provide documentation of employment and income (such as offer letters, pay stubs, or tax returns) within 30 days of securing qualifying employment. This information is used solely to calculate and verify ISA payments.

Early Payoff Option

You may pay off your ISA in full at any time without penalty. Early payoff does not result in discounts or rebates—you pay the full calculated amount based on your first-year salary.

Default & Collections

Failure to make required payments or provide employment verification may result in collection actions. We will work with you to establish payment plans before pursuing legal remedies. Late fees may apply after 30 days of non-payment.

Assignment & Transfer

Your ISA is a personal obligation and cannot be transferred or assigned without our written consent. We reserve the right to assign or sell your ISA to third-party servicers, who must honor all terms of this agreement.

Governing Law

This ISA is governed by the laws of the State of Delaware. Any disputes shall be resolved through binding arbitration as outlined in the Terms of Service.

Questions About the ISA?

We're here to help you understand your commitment. Contact us at:

Email: isa@moss.ai

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