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50k-TermSheet.md

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Note=These are the terms of the Note. The Note is instantiated in all of the four forms of the SAFE - Cap, Discount, Cap_Discount and MFN.

PurchaseAmount.$=$50,000

EffectiveDate.YMD=September 27, 2015

Post-MoneyValueCap.$=$2,000,000

DiscountRate.%=8%

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

Company.xSignature=xA-Altima-95M3ncQz9r

Company.Sign.YMD=September 28, 2015

Investor.=[G/U/Who/andrea_ang.md]

Investor.xSignature=xA-Ang-w4lDIn925u

Investor.Sign.YMD=September 27, 2015

Law.=[G/U/Place/US/CA/Geo]

r00t=Investment Note

Company:{Company.Name.Full}
Amount of the Note:{Amount.$}
Date Funded: {Funded.YMD}
Agreed Valuation: {ValuationCap.$}
Discount Rate: {Discount.%}
Applicable Law: {Law.State}
Signatures:
{Company.Name.Full}:
  • {Company.Signer.Name.Full}
  • {Company.Sign.YMD}
{Investor.Name.Full}:
  • {Company.Sign.YMD}