Could you clarify what you mean by "equity as the form of compensation doesn't qualify"?
Do you mean:
- He/she would not be able to get a second TN because equity does not count, and they would require a cash compensation in order to qualify for a TN
OR
- Equity does not qualify as compensation, therefore the developer is not compensated, and therefore he/she does not _require_ a second TN in order to work with the individual in question