A very nice post by Dave Broadwin at Foley Hoag on Term Sheet provisions. This is part 1 covering Dividends, Participating Preferred, Founder Representations, Option Vesting, Board of Directors, and Drag Along.
See also the NVCA standard term sheet.
A very nice post by Dave Broadwin at Foley Hoag on Term Sheet provisions. This is part 1 covering Dividends, Participating Preferred, Founder Representations, Option Vesting, Board of Directors, and Drag Along.
See also the NVCA standard term sheet.
