Term Sheet is the most critical agreement for any company, be it an established organization or a start-up. Term Sheet is drafted mainly before a company has to raise an investment, be it debt or equity. Term sheet is basically a gist of all the negotiations with Terms and Conditions drafted. Term Sheet should ideally be signed after the negotiation is finished and Terms & Conditions agreed upon, as detailed Share purchase Agreement takes more time for proof reading and other negotiations.
A Term Sheet should include, but not be limited to, following items such as funds committed, valuation, shares to be sold, quantity, pre-emption, due diligence timeline, validity etc. MaxBusiness undertakes the job of drafting Term Sheet starting from Rs 5,999/-.