Term Sheet

You're about to make an offer on interests or assets of a company. You may want to use a Term Sheet to establish that both parties, yourself and the seller, agree on the general terms of the deal before starting due diligence. Consider this your mini-proposal before investing more time & money in making your final decision. As the seller of interests or assets, term sheets can also be useful to begin a negotiation.

Use the Term Sheet document if:

• You are interested in offering potential interests or assets of your business for purchase and you want to provide the general terms of such a business deal for the potential investor/purchaser to review.