Heads of terms for a seed share subscription – non-binding on the deal, binding on confidentiality, exclusivity and costs.
Raising investment
Term Sheet (Seed Equity Round)
About this document
A short, clear summary of the main terms agreed in principle between your company, its founders and the lead investor for a seed round, before the lawyers draft the full investment documents. Part A (commercial terms) is not legally binding; Part B (confidentiality, exclusivity and costs) is.
The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.
Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.
Included in the pack
Raising investment
for every document in this category
Editable Microsoft Word files
Guidance notes in every document
Written for UK businesses
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