This Convertible Loan Agreement outlines the terms for an investment where investors provide a loan to a company, with options for the loan to be converted into shares or repaid under specific conditions. It details interest accrual, events of default, company obligations, and extensive warranties from the company to the investors. The agreement is designed for early-stage funding scenarios.
Term Sheet (Germany) by Seedsummit
Seedsummit
This Term Sheet outlines the principal terms and conditions for a Series Seed financing round for a GmbH company. It details investment amounts, valuation, type of securities (preferred shares), employee participation programs, and key governance provisions. The document also covers preference rights, protective provisions, founder vesting, and share transfer rules.
Term Sheet (Denmark) by Seedsummit
Seedsummit
This document is a Term Sheet outlining the main terms for a seed financing round for a company. It covers key aspects such as company and founder details, investment terms including valuation and share allocation, governance structures, share transfer rules, and restrictions on founders. It serves as a preliminary agreement for the company and potential investors to establish common ground before drafting full investment and shareholders' agreements.
Pro Rata Side Letter (Singapore) by Y Combinator
Y Combinator
This Pro Rata Agreement grants an investor the right to purchase a pro rata share of Standard Preference Shares in a future equity financing round. This right is connected to an initial investment made through a Simple Agreement for Future Equity (SAFE) and allows the investor to maintain their ownership percentage.
SAFE: Discount, no Valuation Cap (US) by Y Combinator
Y Combinator
This document is a Simple Agreement for Future Equity (SAFE), designed for early-stage investment. It grants an investor the right to receive shares of the company's capital stock upon an equity financing or liquidity event, often at a discount. The SAFE outlines the terms of conversion, liquidation priority, and representations from both the company and the investor.
Founder Collaboration Agreement (Portugal) by Seedsummit
Seedsummit
This Founder Collaboration Agreement outlines the terms for individuals working together to develop a business concept or technology, prior to forming a startup company. It details the assignment of intellectual property to the future startup, the initial distribution of share ownership among the collaborators, and the implementation of vesting schedules for their equity.
Founders Memorandum of Understanding
Eda Caka
This document is a non-legally binding Memorandum of Understanding (MoU) for the incorporation and formation of a new spin-out company from Imperial College London. It outlines the intentions of the parties regarding company structuring, intellectual property licensing, equity allocation, and management roles. The MoU also provides guidance on legal, tax, and corporate governance considerations for founders and the university.
SAFE: MFN, no Valuation Cap, no Discount (US) by Y Combinator
Y Combinator
This Simple Agreement for Future Equity (SAFE) is an investment instrument used by startups to raise capital. It grants an investor the right to receive shares of the company's capital stock in the future, typically upon an equity financing round or a liquidity event. The SAFE outlines terms for conversion, liquidation priority, and representations by both the company and the investor.
Management Rights Letter (Updated July 2020) (NVCA)
NVCA
This Management Rights Letter template grants specific contractual management rights to an investor in a portfolio company. Its primary purpose is to help a venture fund qualify as a Venture Capital Operating Company (VCOC) under ERISA, thereby exempting the fund's assets from being treated as ERISA plan assets. The document also includes important considerations and optional clauses related to the Committee on Foreign Investment in the United States (CFIUS) regulations for foreign investors.
Voting Agreement (Updated October 2024) (NVCA)
NVCA
This document is an Amended and Restated Voting Agreement designed for a Delaware corporation. It outlines the voting arrangements among the Company, Investors, and Key Holders regarding the election and removal of directors, increases in authorized common stock, and the process for a potential sale of the company. The agreement includes provisions for board composition, drag-along rights, and compliance with 'bad actor' rules and sanctions.