template

Seed Investment Term Sheet (Genie AI)

by
C
Chris Young
Apr, 01 2022

When to use this template

  • This is our (Genie AI)'s seed investment term sheet

  • The template outlines the main terms and conditions of an investment deal

Key issues covered in this template

  • Securities to issue

  • Aggregate proceeds

  • Investors and founders

  • Valuation

  • Liquidation preference

  • Conversion

  • Dividends

  • Voting rights

  • Financial information

  • Participation (pre-emption) right

  • Right of first refusal and co-sale

  • Drag along

  • Employee vesting

  • Binding terms

  • Governing law

What to watch out for

  • Term sheets are used as a basis for preparing the final investment agreement

  • Except for the section "Binding Terms", there are no legally binding obligations

297

Used by

Author

C

Chris Young

@chris75410632
Genie AI Team

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Technology
21%
Consultancy
15%
Finance
10%
Other
7%
Legal Services
7%
Consumer, Public & Health Services
5%
Education
5%
Agriculture, Forestry and Fishing
4%
Media
3%
Real Estate
3%
Retail
3%
Construction
3%
Energy
3%
Sport & Entertainment
2%
Wholesale
2%
Insurance
2%
Manufacturing
2%
Mining
1%
Transport
1%
Public Administration
1%

Terms of use

This is not legal advice - see more
Genie AI terms and conditions
Code of conduct

3 years ago

GG

Genie Team

Description updated

3 years ago

GG

Genie Team

Description updated

5 years ago

C

Chris Young

Updated the template name.

5 years ago

C

Chris Young

This is our (Genie AI)'s seed investment term sheet. Ultimately it is a very standard term sheet, so we hope you find it useful!

Additional information

Business categories

Investment

Business activities

Agree An Investment Term Sheet

Contract type

Investment Agreement Term Sheet

Relevant sectors

Technology

Relevant company sizes

1 - 3

4 - 19

Governing law

England and Wales

Language

English UK

Gender neutral

Yes