Term Sheet Template

Description
Term sheets are used as important documents to be referred to when drawing up drafts of final funding agreements and acquisitions. Key features in bullet pointed lists are usually included as well as potential terms and agreements, which may in the future be scrutinized, and in turn edited before a final copy is drafted and a purchase and sale agreement is made.

Similarly to a letter of intent, a term sheet comes from the proposer of an agreement (e.g. acquisition, refinancing in a new/pre-existing venture, private equity recapitalization) that would have been initiated by a founder, an investor, or an intermediary agent.