Seed Enterprise Investment Scheme (SEIS) Model Term Sheet
Originally published: 23/11/2017 18:04
Last version published: 17/01/2018 14:03
Publication number: ELQ-36469-2
View all versions & Certificate

Seed Enterprise Investment Scheme (SEIS) Model Term Sheet

A user friendly term sheet that is tailored for raising equity investments that qualify for tax relief

A term sheet (also known as head of terms in the UK) states the terms of a deal already agreed between parties. These terms are agreed and signed as a pre-commitment of the investor. The term sheet generally covers just the deal.

All profitable transactions should begin with a good term sheet. Term sheets are not used to create a legally binding contract except for cases of confidentiality. Yet you should pay attention to the fact that it can be hard to get the other party to change their view on a point once it is already in writing, thus affecting your bargaining power.

Any large investments usually have angels or VCs to create their own term sheet, although you should always try to negotiate on their preferred terms.

This Best Practice includes
1 SEIS Model Term Sheet Template

Jonathan Lea offers you this Best Practice for free!

download for free

Add to bookmarks



keyboard_arrow_downShow all

People using this Best Practice also downloaded


More Best Practices from Jonathan Lea

See all

Related categories

See all

Any questions on Seed Enterprise Investment Scheme (SEIS) Model Term Sheet?

The user community and author are here to help. Go ahead!

4.9 / 5 (22 votes)

please wait...