Venture Deals: Chapter 6: Other Terms of the Term Sheet
Ask The VC
AUGUST 2, 2011
This chapter covers those terms, which include dividends, redemption rights, conditions precedent to financing, information rights, registration rights, right of first refusal, voting rights, restriction on sales, proprietary information and inventions agreement, co-sale agreement, founders’ activities, initial public offering shares purchase, no-shop agreement, indemnification, and assignment. In this chapter we cover the non-economic and non-control terms in the term sheet.