A Term Sheet for company Pre-Seed/Seed/A/B defines: 1) Company 2) Founders 3) Investors 4) Structure of financing 5) Liquidation preference 6) Anti-Dilution 7) Advisory board 8) Material Decisions 9) Pro-rata Right 10) Right to First Refusal 11) Drag Along 12) Tag along 13) Founder Undertakings 14) Founder Vesting 15) Information Rights 16) Put Option 17) Closing 18) Expenses 19) Exclusivity 20) Confidentiality 21) Non-binding Effect 22) Expiration
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