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Acme-TermSheet1.md

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Company.CEO.=[G/U/Who/andrea_ang.md]

Company.CTO.=[G/U/Who/alison_andrews.md]

Company.Counsel.=[G/U/Who/quade_and_quinn.md]

Company.=[G/U/Who/acme_incorporated.md]

Investor.Lead.=[G/U/Who/barbara_oreilly.md]

Investor.Counsel.=[G/U/Who/solomon_shirley.md]

=[G/Lipshaw_EVCL_CmA/Form/TermSheet/1/Form/0.md]

Round.Price.Total.$=$600,000

Company.Value.Before.$=$1,000,000

Company.Value.After.$=$4,000,000

Round.Share.Title=Series A

OriginalPurchasePrice.$=7.00

DividendStart.Date.YMD=2019-01-30

DividendRate.%=8%

Convert.Offering.Share.Price.$=$20.00

Convert.Offering.Price.Total.$=$80,000,000

EmployeeReserveShares.Total.#=80,000

Redeem.Installments.Begin.YearsAfterPurchaser.years=four years

Redeem.Installments.%=five

Redeem.InterestOnOutstanding.%=8%

InformationRights.Shares.Threshold.#=25%

RegistrationDemand.Non-S-3.Begin.years=four years

RegistrationDemand.Non-S-3.Holding.Threshold.%=50%

RegistrationDemand.Non-S-3.SharesRegistered.%=50%

RegistrationDemand.Non-S-3.SizeOfOffering.$=$80,000,000

RegistrationDemand.S-3.Holding.Threshold.%=80%

RegistrationDemand.S-3.NumberOfRegistrations.#=four

RegistrationDemand.S-3.SizeOfOffering.$=$80,000,000

Directors.Quantity.Minimum.#=five

Directors.Quantity.Maximum.#=nine

Directors.Quantity.Initial.#=five

Directors.VotedByCommon.NumberOfDirectors.#=four

Directors.VotedByPreferred.NumberOfDirectors.#=two

Directors.VotedByPreferred.IfPreferredOutstanding.%=20%

KeyEmployees.ListOfNames.cl={Company.CEO.Name.Full} and {Company.CTO.Name.Full}

KeyEmployees.ListOfPositions.cl=Chief Marketing Officer, Director of Sales, Financial Controller

BuyBack.Employees.Period.months=24 months

BuyBack.Release.1/months=1/48

ReservedEmployeeShares.#=500,000

RightOfRefuse.Threshold.%=10%

KeyPersonInsurance.BeginDate.YMD=2018-01-20

KeyPersonInsurance.CoverageAmount.$=$1,000,000

Investor.Counsel.Fee.Cap.$=$10,000

Closing.Date.Deadline.YMD=2018-01-25