The investor makes the roadmap available at the beginning of the potential investment. This agreement contains provisions such as: expected purchase price, due diligence obligations, closing conditions, confidentiality rights, exclusivity and indemnification rights. Although most term sheets are not binding, exclusivity and confidentiality clauses are generally binding. The Term Sheet formalizes the investor`s offer and offers an additional layer of protection in the event of a dispute. As we mentioned in our blog post on startup financing options, startups can implement different strategies to stay afloat (and thrive) including: bootstrapping, crowdfunding, traditional loans, muted financing, and equity financing. Most startups implement the following fundraising rounds: Family and Friends, Seed Series (usually convertible bonds), Series A, Series B and Series C. g) All outstanding common shares and all outstanding common shares and preferred shares that may be issued during the exercise or conversion of outstanding options, warrants or other execrable or convertible securities are subject to a market gap or foreclosure agreement of at least 180 days after the company`s IPO. 3.14 Employees. The company does not have collective agreements with any of its employees. There is no trade union activity pending or threatened against the company.
The company is not a party to or related to a current employment contract, definitely agreement, bonus plan, incentive plan, profit-benefit plan, pension or other employee compensation plan or any other agreement. No employee of the enterprise has obtained the right to maintain employment by the enterprise or to substantial compensation after the termination of the employment relationship in the company. . . .