Term Sheets

A term sheet is a document that outlines the key terms and conditions of a potential agreement, often used in finance and business negotiations. It summarizes important details like investment amount, valuation, rights, and obligations of the parties involved. While not legally binding, it serves as a foundation for drafting a formal contract. Term sheets are common in venture capital, mergers, and acquisitions, helping all parties ensure they are aligned on the main points before proceeding with detailed discussions and legal documents.