Get India Ivca Draft Model Term Sheet (equity Shares)

This guide provides a comprehensive overview of how to accurately fill out the India IVCA Draft Model Term Sheet (Equity Shares) online. By following these steps, users can efficiently navigate the form and ensure all necessary information is correctly entered.

Follow the steps to complete the term sheet easily and accurately.

1. Click ‘Get Form’ button to access the India IVCA Draft Model Term Sheet and open it for editing.
2. Fill in the initial details, including the names of the company, founders, and the investor in the respective fields. This ensures that the context of the investment is clearly defined.
3. Specify the investment amount by entering the total investment the investor intends to make. Indicate the percentage of ownership stake being offered in the company, factoring in the ESOP pool.
4. Outline the shareholding pattern which includes all stakeholders such as the founders, other shareholders, the ESOP pool, and the investor. Ensure that the total holdings equal 100%.
5. Under 'Use of Proceeds,' describe how the investor's funds will be utilized according to the agreed-upon business plan.
6. Detail the terms surrounding definitive agreements, including the timeframe for signing these agreements and possible extensions.
7. Include conditions precedent to closing, which must be satisfied prior to the completion of the transaction.
8. Specify the board and observer rights, indicating how many directors will be appointed and who will have nomination rights.
9. Address exit strategies for the investor, covering various scenarios such as Qualified IPO and third-party sale mechanisms.
10. For additional clauses such as anti-dilution protections and voting rights, ensure these are clearly stated and understood by all parties.
11. Complete all fields accurately, review the information to ensure correctness, and address any remaining sections pertaining to confidentiality, expenses, and dispute resolution.
12. Once all sections are completed, save the changes, download the completed form for your records, or prepare it for printing or sharing with relevant parties.

Start the process of documenting your investment agreements online today.