Term Sheet (Denmark) by Seedsummit

Open Legal LibraryUpdated 19 Oct 2025

The Seedsummit Term Sheet outlines the key commercial and legal terms for a proposed investment in a company, including valuation, share structure, investor rights, founder restrictions, and governance arrangements. It serves as a non-binding summary of intentions pending the negotiation and execution of full investment and shareholder agreements, governed by Danish law.

Explanatory Note

The Term Sheet comprises the main terms to be included in the Investment Agreement and Shareholders’ Agreement and is normally used as a way for the company and potential investors to determine whether they can find common ground on main terms, before having full-length documents drafted.

The content and documents on the website have been prepared for informational purposes only and are not legal advice. Transmission of the information is not intended to create, and receipt does not constitute an attorney-client relationship. Audience should not act upon this information without seeking professional counsel. The information contained herein is provided only as general information which may or may not reflect the most current legal developments. This information is not provided in the course of an attorney-client relationship and nor intended to constitute legal advice or to substitute for obtaining legal advice from an attorney licensed in your region.

Term Sheet [company name]

COMPANY AND FOUNDERS

Company

[company name]
[company address]
Company reg no. [company reg. no.]
(the “Company”)

Founders

[founder 1 name]
[founder 1 address]
(“Founder 1”)

[founder 2 name]
[founder 2 address]
(“Founder 2”)

(each a “Founder” and collectively, the “Founders”)

Founder Company

Founder 1 holds his or her shares in the Company through the following personal holding company:

[founder 1 company name]
[founder 1 company address]
Company reg. no. [founder 1 company reg. no.]
(the “Founder 1 Company”)

Founder 2 holds his/her shares in the Company through the following personal holding company:

[founder 2 company name]
[founder 2 company address]
Company reg. no. [founder 2 company reg. no.]
(the “Founder 2 Company”)

(each a “Founder Company” and collectively, the “Founder Companies”)

Share Capital

The share capital of the Company is allocated as follows:

Existing Shareholder

Shares (nom. DKK)

Shares (%)

[existing shareholder shareholding]

Total

INVESTMENT

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Jurisdiction
Denmark
Source
Term Sheet (Denmark) by Seedsummit
from Seedsummit
Document info
HTML document. Document created on Fri Sep 26th, 2025. Last updated on Sun Oct 19th, 2025.
This document is public
Licensed under CC BY 4.0 (Attribution).
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