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私募投资交易示范性协议条款清单
如果在一些特定的稀释事件中,公司再次发行其他股权证券(以下简称“股权证券”),则转换价格应根据[加权平均法][全棘轮法]进行调整。
Performance Targets:
业绩目标:
[Insert ifappropriate, includingremedies for Investors(suchas issue of additional Preference Shares or adjustment to the ConversionPrice)if performance target notmet].
[被投资方公司名称],或与投资方达成一致的其他种类的法律实体(如以下所定义)(简称“公司”)
Investors:
投资方:
[Investor A's name][and[other investors to be determined] (such other investors, together with Investor A, collectively, the " Investors ")].
优先股有权优先于其他各种类型股份受偿股息以及清算份额[无限制地包含其他任何种类的优先股](“其他股份”),这些股息以及清算份额应在转换后的基础上进行分配。
Voting Rights:
投票权:
The Preference Shares will vote [together with the OtherShares]/ [asa separateclass], except as specifically provided herein or as otherwise required by law.Each Preference Share shall have a number of votesequal to the number of Ordinary Shares into which such Preference Share is convertible at the then applicable Conversion Price.
自动转换:
The Preference Shares shall be automatically converted into Ordinary Shares, at the then-applicable Conversion Price, upon the closing of a firmly underwritten public offering of Ordinary Shares on a recognized stock exchange (a " Qualified IPO ").
公司股票在正规的证券交易市场被承销完成(“合格的首次公开发行”)时,优先股将按照可适用转换价格自动转成普通股。
Adjustment of Conversion Price:
转换价格调整:
The Conversion Price will be adjusted to reflect underlying structural changes to issued capital, including stock splits, stock dividends, consolidation, recapitalizations and other reorganizations of share capital.
HOW TO MAKE A PRIVATE EQUITY INVESTMENT
----An illustrative term sheet for a private equity investment deal
如何进行私募投资
——私募投资交易示范性协议条款清单
[Series源自文库A] Convertible [Redeemable] [Preference/Preferred]
At leastdirector(s) approved by the Investors will be entitled to serve on all committees of the Board.
A quorum of the Board for meetings will bedirectors,[including
转换价格的调整应该能反映出以下各种对于已发股本的结构调整:包括股权分割、股息、合并、资本结构调整以及其他各种对于股权资本的重新整合。
Anti-Dilution:
反稀释:
The Conversion Price shall be subject to a[weightedaverage][fullratchet]adjustment if the Company issues any additional equity securities(the" Equity Securities ") in certain dilutive events.
百万美元。基于交易前资产估值所得的百万美元,在交割之后,在完全稀释转换的基础上投资方将一共拥有%公司发行的股票。
Use of Proceeds:
资金用途:
The proceeds of the financing will be used for.
融资所获资金将被用于。
Form of Security:
在清算、出售/合并/变更控制权或者不成功的首次公开发行时,优先股享有一定的清算/优先返还权。
Board of Directors:
董事会:
The Company's Board of directors ( the " Board " ) shall be constituted as follows:…
证券形式:
[ Series A ]Convertible[Redeemable][Preference/Preferred]Shares(the" Preference Shares ").The Investors will subscribe forPreference Shares, in the aggregate.
在清算、变更控制权或首次公开发行时优先股所附带的权利:
The Preference Shares will carry certain liquidation/preferred return rights in the event of a winding up, a sale/merger/change of control, or a non-qualified initial public offering.
and including [one of the directors][the director] appointed by the Investors].
All decisions of the Board (other than decisions on matters listed in the Section entitled“Investors’Consent Rights“below) will be decided by a majority vote of those directors in attendance.
[如果适合的话,插入未达到业绩目标时对投资方的补偿(例如发行附加的优先股或者对于转换)]
Dividends:
股息:
The Preference Shares will have the right to receive dividends and distributions in preference to any dividend or distribution paid on shares of anyother class of capital stock [including, without limitation, any other class of Preference Shares]("Other Shares"). Such dividends and distribution will be determined on an as converted basis.
[A系列]可转换[可赎回][优先性/优先的]股(以下称“优先股”)。投资方总共将认购优先股。
Subscription/Purchase Price:
认购/购买价格:
$per Preference Share.
每股优先股美元。
Anticipated Completion Date:
预期交割日:
(the date of actual completion is hereinafter referred to as the " Completion Date ").
(以下将实际完成时间简称为“交割日”)。
Optional Conversion:
可选择性转换:
The holders of Preference Shares shall have the right at any time to convert such Preference Shares into ordinary shares of the Company (" Ordinary Shares ").Each Preference Shares obtained by dividing theoriginal subscription price for one Preference Share by the conversion price the in effect (the "Conversion price"). The initial Conversion Price shall be the subscription price for a Preference Share and shall be subject to adjustment in accordance with the provisions under sections entitled " Adjustment of Conversion Price " and "' Anti-Dilution " below.
Share of [Company Name]
[A系列]可转化[可赎回] [优先性/优先的]
[公司名称]的股权
Company:
公司:
[Nameof the investeecompany], or other legal entity to be agreed with the Investors(ashereinafterdefined)(the “Company").
[投资方甲的名称] [以及[其他有待确认的投资方](甲方及其他投资方统称为“投资方”)]
Investment Amount:
投资总额:
$million. Based on a pre-money equity valuation of
$million, following the Completion, the Investors as a group will own% of the outstanding equity of the Company on a fully diluted and converted basis.
优先股持有者有权随时将其持有的优先股转换成公司普通股(“普通股”)。每股优先股转化成普通股的数量将按照优先股的认购价格除以当时有效的转化价格(以下简称“转换价格”)计算。初始转换价格为优先股的认购价格,并可根据以下条款中的“转换价格调整”和“反稀释”条款调整。
Automatic Conversion:
除非本文明文规定或法律禁止,优先股享有投票权[和其他股份一起]/[作为独立的一类]。每股优先股与按照可适用的转换价格转换后的普通股享有相同数量投票权。
Right Attaching to the Preference Shares in a Winging up, Change of Control, or IPO: