| / | = | Demo Deal Points |
|
| // | = | Participants: |
|
| Company. | = | [G/U/Who/acme_incorporated.md] |
|
| President. | = | [G/U/Who/barbara_oreilly.md] |
|
| Seed.1. | = | [G/U/Who/andrea_ang.md] |
|
| Seed.2. | = | [G/U/Who/abigail_altima.md] |
|
| Seed.3. | = | [G/U/Who/alison_andrews.md] |
|
| KeyHolder.1. | = | [G/U/Who/barbara_oreilly.md] |
|
| KeyHolder.2. | = | [G/U/Who/geraldine_graber.md] |
|
| KeyHolder.3. | = | [G/U/Who/quentin_quade.md] |
|
| Director.1. | = | [G/U/Who/barbara_oreilly.md] |
|
| Director.2. | = | [G/U/Who/geraldine_graber.md] |
|
| Director.3. | = | [G/U/Who/solomon_shirley.md] |
|
| // | = | Dates: |
|
| EffectiveDate.YMD | = | 2017-06-21 |
|
| ClosingDate.YMD | = | 2017-07-06 |
|
| Law. | = | [G/U/Place/US/CA/San_Francisco/San_Francisco/Geo] |
|
| StockPlan.Title,Date.cl | = | Acme Employee Stock Plan |
|
| // | = | Board: |
|
| TotalBoardMemberCount.# | = | 7 |
|
| CommonBoardMemberCount.# | = | 3 |
|
| MutualConsentBoardMemberCount.# | = | 2 |
|
| SeedBoardMemberCount.# | = | 2 |
|
| // | = | Valuations: |
|
| Seed.PricePerShare.$ | = | $10.00 |
|
| Convert.Share.Quantity.# | = | 10,000 |
|
| LeadInvestor.By.Sec | = | {Seed.1.US.Contract.By.Sec} |
|
| Convert.Share.Quantity.# | = | 0 |
|
| Purchaser.All.cl | = | {Seed.1.Name.Full}, {Seed.2.Name.Full} and {Seed.3.Name.Full} |
|
| Note.InterestRate.% | = | 8% |
|
| PremoneyValuation.$ | = | $3,000,000 |
|
| OptionPool.% | = | 10% |
|
| CommonBoardMember.IDs.cl | = | {KeyHolder.1.Name.Full}, {KeyHolder.2.Name.Full} and {KeyHolder.3.Name.Full} |
|
| SeedBoardMember.IDs.cl | = | {Seed.1.Name.Full} and {Seed.2.Name.Full} |
|
| MutualConsentBoardMember.IDs.cl | = | {Seed.3.Name.Full} and {Director.3.Name.Full} |
|
| MajorPurchaserDollarThreshold.$ | = | $200,000 |
|
| Seed.Round.Total.$ | = | $400,000 |
|
| UnallocatedPost-MoneyOptionPoolPercent.% | = | 20% |
|
| PurchaserCounselReimbursementAmount.$ | = | $20,000 |
|
| KeyHolderVesting.Begin.YMD | = | 2017-06-30 |
|
| CommonShares IssuedAndOutstandingPre-Money.# | = | 1,000,000 |
|
| TotalPost-MoneySharesReservedForOptionPool.$ | = | 1,000,000 |
|
| NumberOfIssuedAndOutstandingOptions.# | = | 1,000,000 |
|
| UnallocatedPostMoneyOptionPoolShares.# | = | 1,000,000 |
|
| Seed.1.Share.Quantity.# | = | 20,000 |
|
| Seed.1.Price.Debt.$ | = | $0 |
|
| Seed.1.Price.Cash.$ | = | $200,000 |
|
| Seed.1.Price.$ | = | $200,000 |
|
| Seed.1.Questionnaire.IndividualQualifies.ByIncome.? | = | YES |
|
| Seed.1.Questionnaire.By.Sec | = | {Seed.1.US.Contract.By.Sec} |
|
| Seed.2.Share.Quantity.# | = | 10,000 |
|
| Seed.2.Price.Debt.$ | = | $50,000 |
|
| Seed.2.Price.Cash.$ | = | $50,000 |
|
| Seed.2.Price.$ | = | $100,000 |
|
| Seed.3.Share.Quantity.# | = | 10,000 |
|
| Seed.3.Price.Debt.$ | = | $0 |
|
| Seed.3.Price.Cash.$ | = | $100,000 |
|
| Seed.3.Price.$ | = | $100,000 |
|
| KeyHolder.1.Share.Quantity.# | = | 500,000 |
|
| KeyHolder.2.Share.Quantity.# | = | 200,000 |
|
| KeyHolder.3.Share.Quantity.# | = | 100,000 |
|
| Seed.Authorized.Quantity.# | = | 1,000,000 |
|
| Seed.Quantity.# | = | 50,000 |
|
| Seed.Share.Price.$ | = | $10.00 |
|
| Common.ReservedForSeedConversion.# | = | 50,000 |
|
| Share.Authorized.Quantity.# | = | 3,000,000 |
|
| Seed.Directors.Quantity.# | = | 2 |
|
|
| // | = | For a Note issuance: |
|
| Note.MaturityDate.cl | = | 2019-06-25 |
|
| Note.InterestRate.Annum.% | = | 8% |
|
| EquityEvent.ThresholdProceeds.$ | = | $1,000,000 |
|
| Convert.PriceDiscount.% | = | 10% |
|
| OptionalConversion.Deciders.cl | = | {Seed.1.Name.Full} and {Seed.2.Name.Full} |
|
| Note.Series.# | = | One |
|
| Note.Date.YMD | = | 2017-06-22 |
|
| Note.Principal.Sum.# | = | {Seed.1.Price.Cash.$} |
|
| Note.MaturityDate.YMD | = | 2019-06-25 |
|
| Note.Total.Principal.$ | = | {Seed.Round.Total.$} |
|
| Convert.Valuation.$ | = | $7,000,000 |
|
| RepaymentPremium.% | = | 20% |
|
| PromissoryNote.Convert.QualifiedFinancing.PriceRatio.% | = | 0.80 |
|
| PromissoryNote.Interest.cl | = | {PromissoryNote.Interest.Compounding.cl} |
|
| PromissoryNote.Period.cl | = | {PromissoryNote.Period.BeforeMaturityDate.cl} |
|
| PromissoryNote.Price.cl | = | {PromissoryNote.Price.QualifiedOrCap.cl} |
|
| PromissoryNote.Convert.Maturity.AsOf.cl | = | {PromissoryNote.Convert.Maturity.AsOf.cl/NoteDate} |
|
| PromissoryNote.Convert.Maturity.Trigger.cl | = | {PromissoryNote.Convert.Maturity.Trigger.Automatic.cl} |
|
| PromissoryNote.Convert.QualifiedFinancing.While.cl | = | {PromissoryNote.Convert.QualifiedFinancing.While.cl/Maturity} |
|
| PromissoryNote.Convert.QualifiedFinancing.Price.cl | = | {PromissoryNote.Convert.QualifiedFinancing.Price.cl/Lesser} |
|
| PromissoryNote.Convert.QualifiedFinancing.Price.cl/Cash | = | {PromissoryNote.Convert.QualifiedFinancing.Price.cl/Cash/Discounted} |
|
| PromissoryNote.Convert.QualifiedFinancing.OutstandingWhen.cl | = | {PromissoryNote.Convert.QualifiedFinancing.OutstandingWhen.cl/Late} |
|
| PromissoryNote.Convert.Non-QualifiedFinancing.OptionDeciders.cl | = | {PromissoryNote.Convert.Non-QualifiedFinancing.OptionDeciders.cl/EachHolder} |
|
| PromissoryNote.Convert.Non-QualifiedFinancing.While.cl | = | {PromissoryNote.Convert.Non-QualifiedFinancing.While.cl/Maturity} |
|
| PromissoryNote.Convert.Maturity.ConvertTo.cl | = | {PromissoryNote.Convert.Maturity.ConvertTo.Common.cl} |
|
| PromissoryNote.Convert.ChangeOfControl.ValueAsOf.cl | = | {PromissoryNote.Convert.ChangeOfControl.ValueAsOf.cl/TimeOfChange} |
|
|
| // | = | Company Existing: |
|
| Share.Authorized.Quantity.# | = | 5,000,000 |
|
| Common.Authorized.Quantity.# | = | 3,000,000 |
|
| Common.Par.$ | = | $0.10 |
|
| Preferred.Authorized.Quantity.# | = | 2,000,000 |
|
| Preferred.Par.$ | = | $0.10 |
|
| Company.OriginalIncorporationDate.YMD | = | 2016-02-02 |
|
| Company.Original.Name.Full | = | {Company.Name.Full} |
|
| Company.By.Sec | = | {Company.US.Contract.By.Sec} |
|
| KeyHolder.By.Sec | = | {KeyHolder.1.US.Contract.By.Sec}
{KeyHolder.2.US.Contract.By.Sec}
{KeyHolder.3.US.Contract.By.Sec} |
|
| Seed.By.Sec | = | {Seed.1.US.Contract.By.Sec}
{Seed.2.US.Contract.By.Sec}
{Seed.3.US.Contract.By.Sec} |
|
| Director.By.Sec | = | {Director.1.US.Contract.By.Sec}
{Director.2.US.Contract.By.Sec}
{Director.3.US.Contract.By.Sec} |
|
| BoardMinutes.By.Sec | = | {KeyHolder.2.US.Contract.By.Sec} |
|
| CertificateOfIncorporation.By.Sec | = | {KeyHolder.2.US.Contract.By.Sec} |
|
| StockholderConsent.By.Sec | = | {KeyHolder.1.US.Contract.By.Sec}
{KeyHolder.2.US.Contract.By.Sec}
{KeyHolder.3.US.Contract.By.Sec} |
|
| Company.Handle | = | Company |
|
| Sign.YMD | = | ________________________ |
|
| xSignature | = | ________________________ |
|
| Seed.1.Handle | = | Ang |
|
| Seed.2.Handle | = | Altima |
|
| Seed.3.Handle | = | Andrews |
|
| KeyHolder.1.Handle | = | O'Reilly |
|
| KeyHolder.2.Handle | = | Graber |
|
| KeyHolder.3.Handle | = | Quade |
|
| Director.1.Handle | = | O'Reilly |
|
| Director.2.Handle | = | Graber |
|
| Director.3.Handle | = | Shirley |
|
/Docs/G/SeriesSeed-Cooley-CmA/Demo/Acme_DealPoints.md