When your startup is on a roll and you need to bring in investors, you also need a term sheet for the initial discussions with your investors. Even though the Term Sheet is a non-binding agreement that might sound superfluous it's incredibly helpful in negotiations when numbers and facts start flying. Having a good Term Sheet will further help you in the next step of the process when the Subscription and Shareholder's Agreement has to be drawn up and signed.
Get your essential documents in order. We are happy to provide you a Term sheet Agreement template to get you started.
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The example documents on this website and any other content on it have been prepared by Dottir Attorneys Ltd for general information purposes only and in order to raise general awareness and general knowledge regarding seed investment documents. The documents and/or any other content on this website shall not be construed as or deemed as a) legal advice, b) legal consultation or c) forming any kind of attorney-client relationship. Dottir Attorneys Ltd, Aalto Entrepreneurship Society and their affiliates expressly disclaim any and all liabilities, responsibilities and/or damages arising out of or related to actions taken or not taken due to the documents and/or any other content on this website.