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Convertible Note Term Sheet
Confidential -- For Preview Purposes Only
Investment agreement template covering subscription, representations, and investor protections.
[COMPANY],
a [STATE] corporation
CONVERTIBLE NOTE TERM SHEET
The following is a summary of the principal terms of a convertible note financing (the “Financing”) of [COMPANY]This term sheet is for discussion purposes only and is not intended to be construed as a binding agreement. The parties do not intend to be bound until they enter into definitive agreements regarding the subject matter of this term sheet.
Offering Terms
Convertible Note Terms
Offering Mechanics
Confirmation of receipt and review as of the ____ day of ________ [YEAR]
By:
Date: [DATE]
Subscriber Indication of Interest
Amount to be Invested: $________________
Issuer: | [COMPANY], a [STATE] corporation (the “Company”).
Security: | The Company is offering Convertible Promissory Notes (each, a “Note,” and collectively, the “Notes”).
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Convertible Note Term Sheet
Investment Agreements -- US - General