This checklist alternate term sheet provisions template template has 2 pages and is a MS Word file type listed under our finance & accounting documents.
CHECKLIST ALTERNATIVE TERM SHEET PROVISIONS Following are alternative provisions you can use to modify a term sheet depending on whether your company is investing or is seeking capital. Consider the explanations of each provision before integrating it in your Term Sheet Agreement. And don’t forget to ask your lawyer to review it! DIVIDEND The directors need not pay a dividend unless they wish to pay dividends on Common Stock in the same year. In a scenario more favorable to investors, dividends may be participating (i.e., preferred stockholders to receive additional dividends ratably with common