/Docs/G/SeriesSeed-Cooley-CmA/Sec/Convert/0.md
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{- "edges" : [ "data" {
- "//" : "These are the conversion provisions of Convertible Promissory Note. Each of the alternatives expressed in the Cooley fork of the Series Seed documents is expressed here as separate parameters. So each of the alternatives can be configured for a particular deal. They can also be assembled into kits for kinds of deals, and then the kit can be referenced. (Click on \"Document\" will give you the unconfigured text, without the defined terms.) To see this in use, go to <a href=\"index.php?action=source&file=G/SeriesSeed-Cooley-CmA/Demo/Acme_Note_ClosingBinder.md\">the Demo</a>." ,
"InterestAccrual.Ti" : "Interest Accrual" ,
"InterestAccrual.sec" : "If a Change of Control or ", "_Qualified_Financing", " is consummated, all interest on this Note shall be deemed to have stopped accruing as of a date selected by the ", "_Company", " that is up to 10 days prior to the signing of the definitive agreement for the Change of Control or ", "_Qualified_Financing", "." ,
"//" : "Provisions common to some of the subsections:" ,
"OutstandingAssumingConversion.cl" : "(assuming conversion of ", "OutstandingConvertible.cl", ", including ", "OutstandingEquityIncentive.cl", ", but excluding ", "OutstandingOther.cl", ")" ,
"OutstandingConvertible.cl" : "all securities convertible into ", "_Common_Stock", " and exercise of all outstanding options and warrants" ,
"OutstandingEquityIncentive.cl" : "including all shares of ", "_Common_Stock", " reserved and available for future grant under any equity incentive or similar plan of the ", "_Company", ", and/or any equity incentive or similar plan to be created or increased in connection with the ", "_Qualified_Financing", "" ,
"OutstandingOther.cl" : "the shares of equity securities of the ", "_Company", " issuable upon the conversion of ", "_Notes", " or other convertible securities issued for capital raising purposes (<i>e.g.</i>, Simple Agreements for Future Equity)" ,
"Ti" : "Conversion" ,
"sec" : "<ol><li>", "QualifiedFinancing.Sec", "<li>", "Non-QualifiedFinancing.Sec", "<li>", "Maturity.Sec", "<li>", "ChangeOfControl.Sec", "<li>", "Procedure.Sec", "<li>", "InterestAccrual.Sec", "</ol>" ,
"//" : "For convenience, temporarily including the definitions and other parameters. Need to remove this as we start to use for actual transactions." ,
"//" : "Historic:" ,
}
}