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Termsheet Australia
Termsheet NVCA
Note: These model documents were taken from the web site of the National Venture Capital Association (www.nvca.org) and an Australian source.

These model documents aim to:
• reflect and in a number of instances, guide and establish industry norms
• be fair, avoid bias toward the VC or the company/entrepreneur
• present a range of potential options, reflecting a variety of financing terms
• include explanatory commentary where necessary or helpful
• anticipate and eliminate traps for the unwary (e.g., unenforceable or unworkable provisions)
• provide a comprehensive set of internally consistent financing documents
• promote consistency among transactions
• reduce transaction costs and time

DISCLAIMER: EACH DOCUMENT IS INTENDED TO SERVE AS A STARTING POINT ONLY, AND SHOULD BE TAILORED TO MEET YOUR SPECIFIC REQUIREMENTS. THE DOCUMENTS SHOULD NOT BE CONSTRUED AS LEGAL ADVICE FOR ANY PARTICULAR FACTS OR CIRCUMSTANCES.
If your law firm is interested in co-authoring this section, please contact
Dolly Goklaney at dolly@indiavca.org
 
 
 

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