Review of Term Sheet
Explanation note on agreements
Review of Term Sheet
Explanation note on agreements
Review of Various agreements
Hand Holding for discussions
Advise on different terms and conditions
Full Edit of Term Sheet on Track Change Mode
in cost, most economical
completion of assignment
experts guide you to bring clarity in your ideas
Deep understanding of various legal agreements and advise accordingly
Making the entire process hassle free and holding till the end
Our work shall start with Term Sheet and continue till signing of agreements, A Term Sheet (TS) is a non-binding agreement that outlines the basic terms and conditions of an investment (typically in bullet points). This is the first document signed by the prospective investor to show his willingness to invest in the company. It normally gives details about funding, rights & obligations of each party, corporate governance mechanism, exit strategy, etc. The TS acts as a guiding principle on the basis of which all the subsequent agreements (like Shareholders Agreement, Share Subscription Agreement, etc.) will be drafted and executed. Management should not sign any TS in a hurry – rather a well negotiated and understood TS goes a long way in protecting the interest of the entrepreneur. Post Terms Sheet, various agreements needs to be signed, if both the parties have agreed and things are moving ahead. There are various key legal agreements which need to be executed between the Entrepreneur (in his personal capacity), Investor and the Investee company – like Shareholders Agreement (SHA), Share Subscription Agreement (SSA), Share Purchase Agreement (SPA), etc. These legal agreements will be the final reference point for resolving all disputes which may arise in future between the parties. On execution, these Agreements supersede all earlier agreements like Term Sheet, etc.
Company Incorporation Documents
PAN Details / GST Number details and other important registration documents
Details of Registered office and places of work
Capital Structure of the Company
Basic Details of the Directors / Partners / Founders and Promoters
* (All documents in Pdf scanned. Image file in jpeg format)
* (All documents to be Self Attested and signed on each page)
Raising Funds always leads to lots of agreements. These agreements are necessary for the Incoming Investors, as it gives them certain rights and privileges within the Entity. Similarly the Management of the Entity raising funds, also gets certain privileg
Detailed introductory discussion with the entrepreneur about his/her business, the stage of his fund raising
Information Checklist to be sent to entrepreneur – requesting information / documents bearing impact on the Term Sheet Entrepreneur to arrange for the information / documents as per the Checklist
SeedUp team to review each clauses of the TS and other associated information / documents critically Few rounds of interaction with the entrepreneur & his team members Later on same process to be followed around different agreements
1st round of feedback shared with the entrepreneur for onward submission to the Investor Investor will renegotiate on some of the clauses again
2nd Round of discussions / evaluation to be done with the Entrepreneur and feedback shared with him / her. Final negotiation, finalisation & execution of Term Sheet with the Investor
Final negotiation, finalisation & execution of Term Sheet with the Investor
Entire exercise from Term Sheet to execution of agreements may take anywhere between 4 - 8 weeks, depending on timely completion of Due Diligence.
Some Important definitions used in Accounting Entries are:
A term sheet is a non-binding document that outlines the main terms and conditions of a proposed business agreement between two parties. It serves as a roadmap for negotiations and helps both parties to understand the key points of the proposed agreement before drafting a more detailed and formal contract.
Due diligence is a comprehensive and systematic review and investigation of a person, organization, or business before entering into a transaction, investment, or partnership. The purpose of due diligence is to verify the accuracy of the information provided by the other party and to ensure that the risks and benefits of the proposed transaction are fully understood.
A shareholders' agreement is a legal contract between the shareholders of a company that sets out the rights, obligations, and responsibilities of each shareholder. It is a private agreement that is not typically filed with government authorities and is not available to the public. The shareholders' agreement is designed to protect the interests of all shareholders and to prevent disputes and conflicts between them.
Post disbursal compliance refers to the set of activities and procedures that an investor or financial institution undertakes after disbursing funds to an Entity. The purpose of post disbursal compliance is to ensure that the borrower / investee company continues to meet the terms and conditions of the loan or financing agreement.