Boston Massachusetts Term Sheet - Royalty Payment Convertible Note

State:
Multi-State
City:
Boston
Control #:
US-ENTREP-0049-1
Format:
Word; 
Rich Text
Instant download

Description

This Term Sheet summarizes the principal terms with respect to a potential private placement of equity securities of a "Company") by a group of investors ("Investors") led by a Venture Fund. This Term Sheet is intended solely as a basis for further discussion and is not intended to be and does not constitute a legally binding obligation except as provided under "Confidentiality," "Exclusivity", and "Expenses" below. No other legally binding obligation will be created, implied or inferred until a document in final form entitled "Stock Purchase Agreement" is executed and delivered by all parties. Without limiting the generality of the foregoing, it is the parties intent that, until that event, no agreement shall exist among them and there shall be no obligations whatsoever based on such things as parol evidence, extended negotiations, "handshakes," oral understandings, courses of conduct (including reliance and changes of position), except as provided under "Confidentiality," "Exclusivity", and "Expenses" below.
Free preview
  • Preview Term Sheet - Royalty Payment Convertible Note
  • Preview Term Sheet - Royalty Payment Convertible Note

Form popularity

FAQ

Living in the Hub is not cheap. Boston is one of the most expensive cities in the United States. ing to payscale.com, Boston's cost of living is 50% higher than the U.S. average. Boston rent prices are also some of the highest in the country.

Boston's many firsts include the United States' first public park (Boston Common, 1634), the first public school (Boston Latin School, 1635), and the first subway system (Tremont Street subway, 1897). Since the nation's founding, Boston has been a national leader in higher education and research.

Here, during the 20th century, Charles Lindbergh promoted commercial aviation; Anti-Vietnam War and civil rights rallies were held, including one led by Martin Luther King, Jr.; and in 1979 Pope John Paul II gave Mass to a gathered crowd. Today, Boston Common is open for all to enjoy.

Massachusetts Boston / State

Boston's many ?firsts? include the United States' first public school (1635), and first subway system (1897). The area's many colleges and universities make Boston an international center of higher education and medicine, and the city is considered to be a world leader in innovation for a variety of reasons.

Boston is known for its starring role in the American Revolution in the late 1700s, but it is equally renowned as a sophisticated center of contemporary culture, higher education, and technology. Aside from its rich history, Boston's sporting traditions run deep. What Is Boston Known for? | Celebrity Cruises celebritycruises.com ? blog ? what-is-boston... celebritycruises.com ? blog ? what-is-boston...

Greater Boston was the site of the American Revolution, is home to Harvard and MIT, and was the birthplace of Dunkin Donuts and public figures such as JFK. History runs through this city's veins, although it can't all be found in your textbook. Explore some of Boston's bizarre and classic claims to fame. Boston: 10 Claims to Fame | Britannica britannica.com ? list ? boston-10-claims-to-f... britannica.com ? list ? boston-10-claims-to-f...

Reasons why Boston is worth visiting. Boston is full of history, food, unique neighborhoods, and museums. Along with being on the waterfront and having all of the benefits of ocean activities. It has all of the concerts, events, sports, and activities you'd expect from a big city.

Boston is unique as it is almost completely surrounded by water, with the Atlantic Ocean on two sides and the Charles River which runs along the back of the city. Whale watches, harbor cruises, tours of the Boston Tea Party Ship, island hopping, sailing and rowing on the Charles River, touring the U.S.S.

In Boston, a single adult needs to make $60.08 an hour, or $124,966 a year to "live in sustainable comfort." For two working adults with two children, the total required salary is $319,738.

Interesting Questions

Trusted and secure by over 3 million people of the world’s leading companies

Boston Massachusetts Term Sheet - Royalty Payment Convertible Note