Some Thoughts On Registration Rights

Recent Buzzes - VC Experts, Inc.

The first is that registration rights are seldom used in accordance with their terms, and yet some investors and their counsel view them as a central element of the deal. The actual use of the demand rights, for example, could prove very awkward To comprehend adequately various issues involved, a discussion of basic principles is in order.

Anatomy of a Term Sheet: Registration Rights

VC Ready Blog

The next several posts in this series concern the provisions located in the “Investor Rights Agreement,” “Right of First Refusal and Co-Sale Agreement” and “Voting Agreement,” which together give the investors a variety of contractual rights vis-à-vis the company and the company’s other stockholders. We begin with the Investor Rights Agreement. Registration Rights.

You Have a Newsletter… Now What?

Rembrandt Communications

You have a newsletter registration on your home page, and people have started to sign up. B. Communicate with your new registrants right away. Great! Now, what do you do? A. Sit back and watch who signs up. C. Send valuable information to your list on a regular basis. If you answered B and [.]. Business Copywriting Marketing PR Reaching Goals SEO Copywriting Small Business Public Relations e-mail auto-responders newsletter public relations

Venture Deals: Chapter 6: Other Terms of the Term Sheet

Ask The VC

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.

Anatomy of a Term Sheet: Index

VC Ready Blog

5. Voting Rights and Protective Provisions. 8. Redemption Rights. 10. Registration Rights. 11. Management Rights and Investor Director Approval. 12. Right to Maintain Proportionate Ownership (a/k/a Preemptive Rights). 14. Right of First Refusal, Right of Co-Sale and Lock-up. 1. Overview. 2. Nature of a Term Sheet and Summary of Offering Terms. 3. Dividends. 4. Liquidation Preference.

Model Series Seed Docs

The Startup Lawyer

The Amended and Restated Certificate of Incorporation includes the typical provisions you might find in a VC deal, less (i) preferential dividends, (ii) redemption rights, and (iii) price based anti-dilution. the CEO) elected by the common via fiat in the Investors Rights Agreement. (2) The drafters also anticipate a management rights letter will be included in order to ensure “Venture Capital Operating Company&# compliance for the VC investor(s). (3)

How do the sample Series Seed financing documents differ from typical Series A financing documents?

Startup Company Lawyer

In addition, I think that a “peace treaty&# between early-stage investors and startup companies on standard terms (at least at a term sheet level) is a step in the right direction. million, the investors expect to receive a full set of Series A documents with rights essentially the same as venture capital investors. To differentiate it from typical “Series A&# preferred stock, which comes with certain expectations with regard to rights. Future rights.

Model Series Seed Docs

The Startup Lawyer

The Amended and Restated Certificate of Incorporation includes the typical provisions you might find in a VC deal, less (i) preferential dividends, (ii) redemption rights, and (iii) price based anti-dilution. the CEO) elected by the common via fiat in the Investors Rights Agreement. (2) The drafters also anticipate a management rights letter will be included in order to ensure “Venture Capital Operating Company&# compliance for the VC investor(s). (3)

Where In The World Is Eduardo Saverin?

Thinking About Thinking

They were right. I walked through each term and explained in the simplest language what they meant – “preferred”, “voting rights”, “anti-dilution”, “protective provisions”, “registration rights”, “information rights”, “board of directors”, etc.

Wait, the IPO Party Is Just Getting Started!

Inc Startups

An IPO could still be the right exit strategy--if your company fits the bill, or breaks the old rules. This means we actually don't know all the companies in registration right now," says Kelly. "So,

IPO 59

Anatomy of a Term Sheet: Right of First Refusal, Right of Co-Sale and Lock-Up

VC Ready Blog

While the Investor Rights Agreement deals with the rights of the investors vis-à-vis the company, the Right of First Refusal and Co-Sale Agreement gives the company and the investors certain rights vis-à-vis the company’s common stockholders. Right of First Refusal. The ROFR order of priority may be reversed so that the investors’ right precedes that of the company. Right of Co-Sale.

"What's Next in Tech" Event in Boston

Altgate

Rarely did you get it right the first time so you would have to repeat the cycle until you had a complete solution the market wanted. On the investment side, it means putting in less money, being more on-par with management in terms of rights and preferences, having less control.