Term Sheet Model
While term sheets may vary, they will typically include some of the following items:
The company
The security
Total proceeds and Use
Price per share
The Investors
Timing issues
Due Diligence
Events occurring prior to Closing
Events occurring Post Closing
Conversion Features
Redemption Features
Employee Stock Purchases
Limitations, Restrictions and protective provisions
Rights, Privileges, and Preferences
Right of First Refusal
Board of Director issues
Information Rights
Registration Rights
Dilution
Patent Agreements
Non-compete Agreements
Vesting
Key Man insurance
Voting Piggyback rights
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