Startup Company Lawyer

MARCH 14, 2010

Founders Institute Plain Preferred Term Sheet (by WSGR – disclaimer, I represent the Founders Institute and was involved in drafting this document). Future rights. If new investors get better rights in a future equity financings (such as registration rights, price-based anti-dilution, redemption rights, etc.),

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

The Startup Lawyer

MARCH 1, 2010

The Amended and Restated Certificate of Incorporation includes the typical provisions you might find in a VC deal, less (i) preferential dividends, (ii) redemption rights, and (iii) price based anti-dilution. the CEO) elected by the common via fiat in the Investors Rights Agreement. (2) 3) Investors’ Rights Agreement.

Preferred Stock 79

Preferred Stock Term Sheet Redemption Registration Rights 79

The Startup Lawyer

MARCH 1, 2010

The Amended and Restated Certificate of Incorporation includes the typical provisions you might find in a VC deal, less (i) preferential dividends, (ii) redemption rights, and (iii) price based anti-dilution. the CEO) elected by the common via fiat in the Investors Rights Agreement. (2) 3) Investors’ Rights Agreement.

Preferred Stock 40

Preferred Stock Term Sheet Redemption Registration Rights 40