Fill in Term Sheet for Investment

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Term Sheet for Investment

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Company, founders and investor
The investment
Rights and conditions
Binding terms and signing

Step 1 of 4

Company, founders and investor

What is the full name of the company?Needed

For example: Sandhu Foodtech Private Limited

What is the address of the company?Needed

House / flat / plot no.

Street, sector or locality

City area and PIN code

What is the company's CIN?Needed

For example: U15100CH2023PTC045678

Who are the founders, and what share of the company does each hold today?Needed

A long answer. Several lines are fine, and a break you make between paragraphs is the break the document keeps.

For example: Harleen Sandhu (55%) and Karan Bedi (45%).

What is the full name of the investor?Needed

For example: Anand Mehra

What is the address of the investor?Needed

House / flat / plot no.

Street, sector or locality

City area and PIN code

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TERM SHEET FOR INVESTMENT

Between __________ (CIN __________) of __________ (the "Company"), its founders __________ (the "Founders"), and __________ of __________ (the "Investor").

PURPOSE. This term sheet sets out the main terms on which the Investor proposes to invest in the Company. Except for the binding terms in Part C, it is a statement of intention and creates no obligation to invest or to accept the investment. Final agreements will be drawn up if the checks in Part B are satisfied.

PART A: THE PROPOSED TERMS (not binding)

6. Information and pre-emption. The Company will give the Investor annual audited accounts, quarterly management figures and reasonable access to its records, and the Investor may take its share of any later issue of shares so as to keep its percentage.

PART B: CONDITIONS (not binding)

PART C: BINDING TERMS

11. Costs. Each party bears its own costs of this term sheet and the investment, unless the final agreements say otherwise.

For the COMPANY: __________
__________
Signature: ______________________________

The FOUNDERS (each signs)
Signature: ______________________________

The INVESTOR
__________
Signature: ______________________________

WITNESSES

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