Chris McIvor

Blog Bite:What Terms Should Be Negotiated in a Term Sheet?

June 18, 2018

This article posted to our partner site Mondaq.com details the essential elements of a shareholders’ agreement, which will ultimately be the final product of the term sheet. The author discusses the link between the preemptive right (right of first offer) and its effect as an anti-dilution mechanism. It also discusses the value of drag-along provisions which can accommodate investors’ liquidation preferences.

Term Sheet
Investor Term Sheet

Written by Chris.