Highlights of a Term Sheet
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Issuer: The Company raising the money Amount of Financing Type of Security: Preferred, Common, etc Price Per Share Size of Option Pool Post money Valuation Automatic Conversion of Preferred Anti Dilution Protection Redemption Rights Voting Rights AKA Protective provisions Board of Director Information Rights Registration Rights Drag Along Rights D&O Insurance Stock Vesting for Founders Right of First Refusal/Co Sale Rights Legal Counsel and Fees Conditions to Closing Exclusivity Confidentiality