InvestmentTermSheet(投资意向书英文版)

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国际知名PE投资意向条款（TermSheet）

国际知名PE投资意向条款（TermSheet）第一篇：国际知名PE投资意向条款(Term Sheet)XX投资管理有限公司投资意向条款清单本投资意向条款清单（“条款清单”）概述了潜在投资者（“投资人”）投资于【●】公司（“公司”）拟议的主要条款。

本条款清单旨在概述投资协议中的主要意向性条款，仅供谈判之用；各方理解并确知本条款清单以最终正式签署的投资协议(以下简称“投资协议”)为准，除“保密”、“排他性条款”与“管辖法律”和“争议解决”外的其它条款不应亦不会在各方之间产生任何法律的约束力。

“公司” ：【●】有限公司，成立于中华人民共和国的有限责任公司。

“管理层股东”指公司现有股东。

“投资人” 【●】（以下简称“投资人”）。

“投资金额” ：【●】元美金或等值人民币。

“预计上市” ：预期公司股份最晚将于【●】年【●】月【●】日以前于中国国内或者境外证券交易所上市（“首次公开发行”）。

“投资股份” ：相当于完全摊薄后公司总股本的【X】%。

“目前投资估值” ：公司包含投资人投入资金之估值为【●】元美金。

“可转让性” ：“投资人”可在公司上市后根据其所在证券交易所的上市规则的要求在禁售期后出售全部或部分股份。

“投资人的权利” ：投资人将享有充分的监察权，包括收到提供给公司管理层之所有信息的权利。

“陈述与保证” ：于重要的事项上，如组织及资格、财务报表、授权、执行和交割、协议有效性和可执行性、股票发行、相关监管机构所要求报告、未决诉讼、符合法律及环保规定、政府同意、税项、保险充足性、与协议及章程条款无冲突性、资本化、没有重大的不利改变等事情上，由公司作出的惯例性的陈述与保证。

投资人及公司免于对投资前的财务报表中未反映的税收和负债承担责任，管理层股东同意承担由此所引起的全部责任。

除非经投资人同意，管理层股东不得将其在公司及子公司的股份质押或抵押给第三方。

“保密” ：除当法律上要求或/和遵守相关监管机构/权威机构（视情况而定）的披露要求外，在此的任何一方同意就本清单所包含的信息保守秘密。

投资条款清单(Term Sheet)详解

投资条款清单的英文全称是：term sheet of equity investment，简称"term sheet".投资条款清单就是投资公司与创业企业就未来的投资交易所达成的原则性约定。

投资条款清单中除约定投资者对被投资企业的估值和计划投资金额外，还包括被投资企业应负的主要义务和投资者要求得到的主要权利，以及投资交易达成的前提条件等内容。

投资者与被投资企业之间未来签订的正式投资协议(share purchase agreement)中将包含合同条款清单中的主要条款。

以下是投资条款清单详细解读：1. 什么是投资条款清单(term sheet)2. 风险投资条款清单(Term Sheet of Equity Investment)样本3. 如何与VC谈判Term Sheet4. 风险投资协议(Term Sheet)详解之一：清算优先权5. 风险投资Term Sheet详解(之二)：防稀释条款6. 风险投资Term Sheet详解(之三)：董事会7. 投资协议条款清单(Term Sheet)- 购买参与权8. 投资协议条款清单(Term Sheet)- 强卖权9. 投资协议条款清单(Term Sheet)－股权给付10. "Term Sheets"中的名词解释投资条款清单的英文全称是：term sheet of equity investment，简称"term sheet".投资条款清单就是投资公司与创业企业就未来的投资交易所达成的原则性约定。

投资者与被投资企业之间未来签订的正式投资协议(share purchase agreement)中将包含合同条款清单中的主要条款。

投资条款清单的重要性一般投资公司在递交条款清单之前已经与创业企业进行了一些磋商，对企业的作价和投资方式有了基本的共识。

投资意向书英文版

投资意向书英文版【篇一：英文版合作意向书 loi english】henan cbm development and utilization co., ltdanddart energy pte ltdandhong kong prosperous clean energy company ltdletter of intent on cooperativedevelopment of unconventional gasdated: may 20, 2013cooperating parties:party a: henan cbm development and utilization co., ltdparty b: dart energy pte ltdparty c: hong kong prosperous clean energy company ltda. precondition to the cooperation1. party a is a business entity incorporated under the approval of henan provincialgovernment. it is responsible exclusively for coal bed methane (cbm) exploration, extraction and production, development and utilization in henan province and is the first provincial cbm development and utilization company in china. party a has obtained the qualification to exclusively cooperate with foreign enterprises.2. party b is a company incorporated and operating under the laws of singapore. thecompany has the technical and capital capabilities of t assessing cbm resources, designing appraisal and pilot drilling programs and subject to technical success of those programs, moving to developing and producing commercially viable cbm. it has developed innovative, low cost horizontal and vertical drilling technology that is instrumental in establishing the sustainable growth of commercial cbm production and pre-drainage of several coal mining areas.3. party c focuses on clean energy and is engaged in development and utilization ofautomotive new energy, including lpg, cng and cbm. now the company has eight cng gas stations, two lpg gas stations and one l-cng gas station in operation.4. it is the intention of the parties that party a and party b will cooperate and carry outexploration work in the 6 cbm blocks under the principle of “easier block/cherry-pick development first” subject to the condition that the choice is beneficial to all parties.5. as part of the process of entering into the pscs, the parties wish to commence atechnical evaluation with a view to determining the feasibility and scale of cbm exploration and development within the corresponding areas. to this end, all parties agree to include a confidentiality clause in this loi with the aim of facilitating the providing and sharing of appropriate data.6. party b and party c agree to cover the costs to carry out the technical due diligenceand evaluation, and the parties agree to formulate the indicative timetable for the negotiation of the psc in details after the completion details after the completion of the technical due diligence and evaluation.b. cooperation intention1. evaluation. the parties propose to carry out a technical commercial legalevaluation of the feasible area selected by party a to determine the potential for cbm resources. the evaluation shall also identify a preliminary view of the most promising areas for initial exploration activities, follow-up appraisal and potential development of a full-scale cbm project in the corresponding area.2. technical data. party a will use its best endeavors to coordinate the collection oftechnical data for the cooperated areas, as may be necessary to conduct the technical, commercial and legal evaluation. at the same time, party a will also arrange for party b and party c to carry out site and underground mine visit(s) of the corresponding areas as appropriate and, if possible, carry out analysis of physical coal samples and available drill cores available from previous drill core programs undertaken in respect of the corresponding areas.party a shall endeavor to arrange appropriate staff and party b and party c’s technical personnel to work together, in order to complete all the technical, commercial and legal evaluation, and efficiently handle the mutual interference issues that may be occur in the evaluation and mining work.3. the parties shall use their best endeavors to work co-operatively at all times withinthe scope of the content of the cooperation and shall, where possible, openly share information between them that will assist in accomplishing the objective and purposes of this loi.4. production sharing contract. all parties shall use their best endeavors to concludeand sign the pscs. the rights and obligations of each party will be defined in pscs. the pscs shall be reported to the various competent government authorities after being signed, and shall subject to the approval of the relevant regulatory authorities and the min istry of commerce of the people’s republic of china and other government authorities.5. joint venture. three parties plan to set up a joint venture company outside of china,the proportion of the joint venture tentatively is:(1) henan cbm 38%, party b/party c 62%, party b has the right to bring in a strategic partner, party b’s final share ratio must be not less than 31%.(2) the joint venture will sign the psc with henan cbm, the participating interest in development period will be henan cbm 20% and the joint venture 80% respectivelyconfidentiality1. the parties shall ensure that all data referred to in clause 2 above and data obtainedfrom any subsequent joint evaluation activity relating to the cooperation, including any physical sampling analysis information:(1) is used solely for the purposes stated in this loi;(2) is only disclosed to its employees, officers, consultants and directors forachieving the cooperation purpose who shall execute confidentiality agreement.2. no party shall disclose to any person or institution without prior consent of allparties any information, including but not limited to the cooperation partners and content, technology, operating methods, legal documents and any other information.3. if any party breaches the confidentiality terms, the non-default party will prosecuteagainst the default party for legal liabilities and claim for compensation for its losses.c. miscellaneous1. governing law. this loi shall be governed by, and construed according to, the lawsof china.2. termination. this loi shall terminate:(1) after six months of execution date of this loi;(2) sign the pscthe condition of item (1) and item (2) that occurs the later shall prevail. the confidentiality terms in clause 3 shall survive the termination of this loi.3. whereas party a is a state-owned enterprise under the supervision of henanprovince of the pe ople’s republic of china, according to the relevant laws and regulations, rules and policies, if the matters of the cooperation and content thereof need to be approved or recored, they shall be subject to the approval of theadministrative authorities. party b and party c fully understand this and have no objection.4. this agreement is executed in chinese and english. if there is any inconsistency, thechinese version shall prevail.this letter of intent is executed in the meeting room at the 3th floor of henan cbm development and utilization co., ltd of the people’s republic of china on may 29, 2013.【篇二：合作意向书-英文版】now there is an opportunity for low-cost acquisition of an american university ----california university of management and sciences, a private university registered in us department of education.because of retirement, its 82 year old chairman of the board would like to transfer his possession of the land of 1.2acres ,on which there are 3300- square-meter(27000square foot ) the school building .the location of the facility is in the core commercial area of anaheim, the southern part of los angles, 15 minutes driving to disneyland , 1hour driving to northwest to the la airport, beverly hills, hollywood, 30minutes driving to south to the irvine airport, 1hour driving to north to the ontario international airport. the university is entitled to eoll international students and issue i-20 visa.the university is authorized to grant four master degrees, four bachelor degrees, two associate degrees and esl. the university has 500 eolled students, $5.4million the annual income , among which $3.2million cost and $1.4million profit.with the existing school and teachers, the potential eollment capacity of this university can be doubled. we can assist youto achieve the acquisition with $17million and obtain the net profit percentage 8.24%.we will arrange 60% loan and loan period is 7-10years with yearly interest 4-5%, in addition, plus 1% handling charge.investment suggestion: 1. fully using of existing university qualifications and development advantage of the los angeles, make the university into a leading university in the medium to long term. 2. with rapid expanding eollment to increase netprofit among to $3millionor $4million.【篇三：英文版合作意向书】羊毛衫加工分厂项目合作协议书letter of agreement(for the cooperation on knitted sweater workshop)甲方party a：乙方party b：双方就羊毛衫加工车间项目的合作事宜,经过初步协商，达成如下合作意向：through a preliminary discussion on the cooperationof knitted sweater workshop,both parties have reached the intents as following：一、同意就羊毛衫加工车间项目开展合作开发。

投资意向(条款)书

INVESTMENT TERM SHEETBetween PRAXCAPITAL FUND II, L.P.andA REAL ESTATE, LTD. (CAYMAN ISLANDS)In relation to the offering of US$ 30M Convertible NotesB投资基金与A置业（开曼群岛）有限公司关于三千万美元可转换债券融资的投资条款书The intent of this document is to describe, for negotiation purposes only, some key terms of the proposed agreement between PraxCapital Fund II, L.P. (“PraxCapital” or the “Investor”) and A Real Estate, Ltd. (Cayman Islands) (“A Cayman” or the “Company”). This document is not intended to be a bindin g agreement between PraxCapital and the Company with respect to the subject matter hereof, except for the provisions under the headings “Exclusivity”, “Confidentiality” and “Costs”. A binding agreement will not occur unless and until the Investor and the Company have negotiated, approved, executed and delivered the appropriate definitive agreements. Until execution and delivery of such definitive agreements, both parties shall have the absolute right to terminate all negotiations for any reason.本文件是为了描述B投资基金（“B”或“投资人”）和A地产（开曼群岛）有限公司（“A开曼”或“公司”）之间拟订立的协议中的一些重要条款，仅供谈判使用。

风险投资termsheet协议(投资意向书)模板

TERM SHEETFOR SERIES A PREFERRED STOCK FINANCING OF[INSERT COMPANY NAME], INC.[ __, 200_]This Term Sheet summarizes the principal terms of the Series A Preferred Stock Financing of [___________], Inc., a [Delaware] corporation (the “Company”). In c onsideration of the time and expense devoted and to be devoted by the Investors with respect to this investment, the No Shop/Confidentiality and Counsel and Expenses provisions of this Term Sheet shall be binding obligations of the Company whether or not the financing is consummated. No other legally binding obligations will be created until definitive agreements are executed and delivered by all parties. This Term Sheet is not a commitment to invest, and is conditioned on the completion of due diligence, legal review and documentation that is satisfactory to the Investors. This Term Sheet shall be governed in all respects by the laws of the [State of Delaware].Offering TermsClosing Date: As soon as practicable following the Company’s acceptance of thisTerm Sheet and satisfaction of the Conditions to Closing (the“Closing”). [provide for multiple closings if applicable] Investors: Investor No. 1: [_______] shares ([__]%), $[_________]Investor No. 2: [_______] shares ([__]%), $[_________][as well other investors mutually agreed upon by Investors and theCompany]Amount Raised: $[________], [including $[________] from the conversion ofprincipal [and interest] on bridge notes].1Price Per Share: $[________] per share (based on the capitalization of the Companyset forth below) (the “Original Purchase Price”).Pre-Money Valuation: The Original Purchase Price is based upon a fully-diluted pre-moneyvaluation of $[_____] and a fully-diluted post-money valuation of$[______] (including an employee pool representing [__]% of thefully-diluted post-money capitalization).Capitalization: The Company’s capital structure before and after the Closing is setforth below:Pre-Financing Post-Financing1Modify this provision to account for staged investments or investments dependent on the achievement of milestones by the Company.Security # of Shares % # of Shares % Common – FoundersCommon – Employee Stock PoolIssuedUnissued[Common – Warrants]Series A PreferredTotalCHARTER2Dividends: [Alternative 1: Dividends will be paid on the Series A Preferred onan as-converted basis when, as, and if paid on the Common Stock][Alternative 2: Non-cumulative dividends will be paid on the SeriesA Preferred in an amount equal to $[_____] per share of Series APreferred when and if declared by the Board.][Alternative 3: The Series A Preferred will carry an annual [__]%cumulative dividend [compounded annually], payable upon aliquidation or redemption. For any other dividends or distributions,participation with Common Stock on an as-converted basis.] 32The Charter is a public document, filed with the [Delaware] Secretary of State, that establishes all of the rights, preferences, privileges and restrictions of the Preferred Stock. Note that if the Preferred Stock does not have rights, preferences, and privileges materially superior to the Common Stock, then (after Closing) the Company cannot defensibly grant Common Stock options priced at a discount to the Preferred Stock.3In some cases, accrued and unpaid dividends are payable on conversion as well as upon a liquidation event. Most typically, however, dividends are not paid if the preferred is converted. Another alternative is to give the Company the option to pay accrued and unpaid dividends in cash or in common shares valued at fair market value. The latter are referred to as “PIK” (payment-in-kind) dividends.Liquidation Preference: In the event of any liquidation, dissolution or winding up of theCompany, the proceeds shall be paid as follows:[Alternative 1 (non-participating Preferred Stock): First pay [one]times the Original Purchase Price [plus accrued dividends] [plusdeclared and unpaid dividends] on each share of Series A Preferred.The balance of any proceeds shall be distributed to holders ofCommon Stock.][Alternative 2 (full participating Preferred Stock): First pay [one]times the Original Purchase Price [plus accrued dividends] [plusdeclared and unpaid dividends] on each share of Series A Preferred.Thereafter, the Series A Preferred participates with the CommonStock on an as-converted basis.][Alternative 3 (cap on Preferred Stock participation rights): Firstpay [one] times the Original Purchase Price [plus accrued dividends][plus declared and unpaid dividends] on each share of Series APreferred. Thereafter, Series A Preferred participates with CommonStock on an as-converted basis until the holders of Series APreferred receive an aggregate of[_____] times the OriginalPurchase Price.]A merger or consolidation (other than one in which stockholders ofthe Company own a majority by voting power of the outstandingshares of the surviving or acquiring corporation) and a sale, lease,transfer or other disposition of all or substantially all of the assets ofthe Company will be treated as a liquidation event (a “DeemedLiquidation Event”), thereby triggering payment of the liquidationpreferences described above [unless the holders of [___]% of theSeries A Preferred elect otherwise].Voting Rights: The Series A Preferred Stock shall vote together with the CommonStock on an as-converted basis, and not as a separate class, except(i) the Series A Preferred as a class shall be entitled to elect[_______] [(_)] members of the Board (the “Series A Directors”),(ii) as provided under “Protective Provisions” below or (iii) asrequired by law. The Company’s Certificate of Incorporation willprovide that the number of authorized shares of Common Stock maybe increased or decreased with the approval of a majority of thePreferred and Common Stock, voting together as a single class, andwithout a separate class vote by the Common Stock.44For California corporations, one cannot “opt out” of the statutory requirement of a separate class vote by Common Stockholders to authorize shares of Common Stock.Protective Provisions: So long as[insert fixed number, or %, or “any”] shares of Series APreferred are outstanding, the Company will not, without the writtenconsent of the holders of at least [__]% of the Company’s Series APreferred, either directly or by amendment, merger, consolidation,or otherwise:(i) liquidate, dissolve or wind-up the affairs of the Company, oreffect any Deemed Liquidation Event; (ii) amend, alter, or repealany provision of the Certificate of Incorporation or Bylaws [in amanner adverse to the Series A Preferred];5 (iii) create orauthorize the creation of or issue any other security convertibleinto or exercisable for any equity security, having rights,preferences or privileges senior to or on parity with the Series APreferred, or increase the authorized number of shares of SeriesA Preferred; (iv) purchase or redeem or pay any dividend on anycapital stock prior to the Series A Preferred, [other than stockrepurchased from former employees or consultants in connectionwith the cessation of their employment/services, at the lower offair market value or cost;] [other than as approved by the Board,including the approval of [_____] Series A Director(s)]; or(v) create or authorize the creation of any debt security [if theCompany’s aggregate indebtedness would exceed $[____][otherthan equipment leases or bank lines of credit][other than debtwith no equity feature][unless such debt security has received theprior approval of the Board of Directors, including the approvalof [________] Series A Director(s)]; (vi) increase or decrease thesize of the Board of Directors.Optional Conversion: The Series A Preferred initially converts 1:1 to Common Stock atany time at option of holder, subject to adjustments for stockdividends, splits, combinations and similar events and as describedbelow under “Anti-dilution Provisions.”Anti-dilution Provisions: In the event that the Company issues additional securities at apurchase price less than the current Series A Preferred conversionprice, such conversion price shall be adjusted in accordance with thefollowing formula:[Alternative 1: “Typical” weighted average:CP2 = CP1 * (A+B) / (A+C)5Note that as a matter of background law, Section 242(b)(2) of the Delaware General Corporation Law provides that if any proposed charter amendment would adversely alter the rights, preferences and powers of one seriesof Preferred Stock, but not similarly adversely alter the entire class of all Preferred Stock, then the holders of that seriesare entitled to a separate series vote on the amendment.CP2= New Series A Conversion PriceCP1= Series A Conversion Price in effect immediatelyprior to new issueA = Number of shares of Common Stock deemed to beoutstanding immediately prior to new issue (includesall shares of outstanding common stock, all shares ofoutstanding preferred stock on an as-converted basis,and all outstanding options on an as-exercised basis;and does not include any convertible securitiesconverting into this round of financing)B = Aggregate consideration received by the Corporationwith respect to the new issue divided by CP1C = Number of shares of stock issued in the subjecttransaction][Alternative 2: Full-ratchet – the conversion price will be reduced tothe price at which the new shares are issued.][Alternative 3: No price-based anti-dilution protection.]The following issuances shall not trigger anti-dilution adjustment:6(i) securities issuable upon conversion of any of the Series APreferred, or as a dividend or distribution on the Series APreferred; (ii) securities issued upon the conversion of anydebenture, warrant, option, or other convertible security;(iii) Common Stock issuable upon a stock split, stock dividend,or any subdivision of shares of Common Stock; and (iv) sharesof Common Stock (or options to purchase such shares ofCommon Stock) issued or issuable to employees or directors of,or consultants to, the Company pursuant to any plan approved bythe Company’s Board of Directors [including at least [_______]Series A Director(s)] [(v) shares of Common Stock issued orissuable to banks, equipment lessors pursuant to a debtfinancing, equipment leasing or real property leasing transactionapproved by the Board of Directors of the Corporation [,including at least [_______] Series A Director(s)].Mandatory Conversion: Each share of Series A Preferred will automatically be convertedinto Common Stock at the then applicable conversion rate in theevent of the closing of a [firm commitment] underwritten publicoffering with a price of [___]times the Original Purchase Price(subject to adjustments for stock dividends, splits, combinations andsimilar events) and [net/gross] proceeds to the Company of not less6Note that additional exclusions are frequently negotiated, such as issuances in connection with equipment leasing and commercial borrowing.than $[_______] (a “QPO”), or (ii) upon the written consent of theholders of [__]%of the Series A Preferred.7[Pay-to-Play: [Unless the holders of [__]% of the Series A elect otherwise,] on anysubsequent down round all [Major] Investors are required toparticipate to the full extent of their participation rights (as describedbelow under “Investor Rights Agreement – Right to Participate ProRata in Future Rounds”), unless the participation requirement iswaived for all [Major] Investors by the Board [(including vote of [amajority of] the Series A Director[s])]. All shares of Series APreferred8 of any [Major] Investor failing to do so will automatically[lose anti-dilution rights] [lose right to participate in future rounds][convert to Common Stock and lose the right to a Board seat ifapplicable].9Redemption Rights:10The Series A Preferred shall be redeemable from funds legallyavailable for distribution at the option of holders of at least[__]% ofthe Series A Preferred commencing any time after the fifthanniversary of the Closing at a price equal to the Original PurchasePrice [plus all accrued but unpaid dividends]. Redemption shalloccur in three equal annual portions. Upon a redemption requestfrom the holders of the required percentage of the Series APreferred, all Series A Preferred shares shall be redeemed [(exceptfor any Series A holders who affirmatively opt-out)].117The per share test ensures that the investor achieves a significant return on investment before the Company can go public. Also consider allowing a non-QPO to become a QPO if an adjustment is made to the Conversion Price for the benefit of the investor, so that the investor does not have the power to block a public offering.8Alternatively, this provision could apply on a proportionate basis (e.g., if Investor plays for ½ of pro rata share, receives ½ of anti-dilution adjustment).9If the punishment for failure to participate is losing some but not all rights of the Preferred (e.g., anything other than a forced conversion to common), the Charter will need to have so-called “blank check preferred” provisionsat least to the extent necessary to enable the Board to issue a “shadow” class of preferred w ith diminished rights in the event an investor fails to participate. Note that as a drafting matter it is far easier to simply have (some or all of) the preferred convert to common.10Redemption rights allow Investors to force the Company to redeem their shares at cost [plus a small guaranteed rate of return (e.g., dividends)]. In practice, redemption rights are not often used; however, they do providea form of exit and some possible leverage over the Company. While it is possible that the right to receive dividends on redemption could give rise to a Code Section 305 “deemed dividend” problem, many tax practitioners take the view thatif the liquidation preference provisions in the Charter are drafted to provide that, on conversion, the holder receives the greater of its liquidation preference or its as-converted amount (as provided in the NVCA model Certificate of Incorporation), then there is no Section 305 issue.11Due to statutory restrictions, it is unlikely that the Company will be legally permitted to redeem in the very circumstances where investors most want it (the so-called “sideways situation”), investors will sometimes request that certain penalty provisions take effect where redemption has been requested but the Company’s available cash flow does not permit such redemption - - e.g., the redemption amount shall be paid in the form of a one-year note to each unredeemed holder of Series A Preferred, and the holders of a majority of the Series A Preferred shall be entitled to elect a majority of the Company’s Board of Directors until such amounts are paid in full.STOCK PURCHASE AGREEMENTRepresentations and Warranties: Standard representations and warranties by the Company.[Representations and warranties by Founders regarding [technologyownership, etc.].12Conditions to Closing: Standard conditions to Closing, which shall include, among otherthings, satisfactory completion of financial and legal due diligence,qualification of the shares under applicable Blue Sky laws, the filingof a Certificate of Incorporation establishing the rights andpreferences of the Series A Preferred, and an opinion of counsel tothe Company.Counsel and Expenses: [Investor/Company] counsel to draft closing documents. Companyto pay all legal and administrative costs of the financing [atClosing], including reasonable fees (not to exceed $[_____])andexpenses of Investor counsel[, unless the transaction is notcompleted because the Investors withdraw their commitmentwithout cause]13.Company Counsel: []Investor Counsel: []INVESTOR RIGHTS AGREEMENTRegistration Rights:Registrable Securities: All shares of Common Stock issuable upon conversion of the SeriesA Preferred and [any other Common Stock held by the Investors]will be deemed “Registrable Securities.”14Demand Registration: Upon earliest of (i) [three-five] years after the Closing; or (ii) [six]months following an initial public offering (“IPO”), persons holding[__]% of the Registrable Securities may request [one][two](consummated) registrations by the Company of their shares. The12Note that while it is not at all uncommon in east coast deals to require the Founders to personally rep and warrant (at least as to certain key matters, and usually only in the Series A round), such Founders reps are rarely foundin west coast deals.13The bracketed text should be deleted if this section is not designated in the introductory paragraph as oneof the sections that is binding upon the Company regardless of whether the financing is consummated.14Note that Founders/management sometimes also seek registration rights.aggregate offering price for such registration may not be less than$[5-10] million. A registration will count for this purpose only if (i)all Registrable Securities requested to be registered are registeredand (ii) it is closed, or withdrawn at the request of the Investors(other than as a result of a material adverse change to the Company). Registration on Form S-3: The holders of [10-30]% of the Registrable Securities will have theright to require the Company to register on Form S-3, if available foruse by the Company, Registrable Securities for an aggregateoffering price of at least $[1-5 million]. There will be no limit onthe aggregate number of such Form S-3 registrations, provided thatthere are no more than [two] per year.Piggyback Registration: The holders of Registrable Securities will be enti tled to “piggyback”registration rights on all registration statements of the Company,subject to the right, however, of the Company and its underwriters toreduce the number of shares proposed to be registered to a minimumof [30]% on a pro rata basis and to complete reduction on an IPO atthe underwriter’s discretion. In all events, the shares to be registeredby holders of Registrable Securities will be reduced only after allother stockholders’ shares are reduced.Expenses: The registration expenses (exclusive of stock transfer taxes,underwriting discounts and commissions will be borne by theCompany. The Company will also pay the reasonable fees andexpenses[, not to exceed $______,] of one special counsel torepresent all the participating stockholders.Lock-up: Investors shall agree in connection with the IPO, if requested by themanaging underwriter, not to sell or transfer any shares of CommonStock of the Company [(excluding shares acquired in or followingthe IPO)] for a period of up to 180 days following the IPO (providedall directors and officers of the Company and [1 – 5]% stockholdersagree to the same lock-up). Such lock-up agreement shall providethat any discretionary waiver or termination of the restrictions ofsuch agreements by the Company or representatives of theunderwriters shall apply to [Major] Investors, pro rata, based on thenumber of shares held. A “Major Investor” means any Investorwho purchases at least $[______] of Series A Preferred. Termination: Earlier of [5] years after IPO, upon a Deemed Liquidation Event, orwhen all shares of an Investor are eligible to be sold withoutrestriction under Rule 144(k) within any 90-day period.No future registration rights may be granted without consent of theholders of a[majority] of the Registrable Securities unlesssubordinate to the Investor’s rights.Management and Information Rights: A Management Rights letter from the Company, in a form reasonably acceptable to the Investors, will be delivered prior to Closing to each Investor that requests one. 15Any Major Investor [(who is not a competitor)] will be granted access to Company facilities and personnel during normal business hours and with reasonable advance notification. The Company will deliver to such Major Investor (i) annual, quarterly, [and monthly] financial statements, and other information as determined by the Board; (ii) thirty days prior to the end of each fiscal year, a comprehensive operating budget forecasting the Company’s revenues, expenses, and cash position on a month-to-month basis for the upcoming fiscal year; and (iii) promptly following the end of each quarter an up-to-date capitalization table, certified by the CFO.Right to Participate Pro Rata in Future Rounds: All [Major] Investors shall have a pro rata right, based on their percentage equity ownership in the Company (assuming the conversion of all outstanding Preferred Stock into Common Stock and the exercise of all options outstanding under the Company’s stock plans), to participate in subsequent issuances of equity securities of the Company (excluding those issuances listed at the end of the “Anti-dilution Provisions” section of this Term Sheet and issuances in connection with acquisitions by the Company). In addition, should any [Major] Investor choose not to purchase its full pro rata share, the remaining [Major] Investors shall have the right to purchase the remaining pro rata shares.Matters Requiring Investor Director Approval: [So long as [__]% of the originally issued Series A Preferred remains outstanding]the Company will not, without Board approval, which approval must include the affirmative vote of [____] of the Series A Director(s):(i) make any loan or advance to, or own any stock or othersecurities of, any subsidiary or other corporation, partnership, or other entity unless it is wholly owned by the Company; (ii) make any loan or advance to any person, including, any employee or director, except advances and similar expenditures in the ordinary course of business or under the terms of a employee stock or option plan approved by the Board of Directors;(iii) guarantee, any indebtedness except for trade accounts of the Company or any subsidiary arising in the ordinary course of business; (iv) make any investment other than investments in15See commentary in introduction to NVCA model Managements Rights Letter, explaining purpose of such letter.prime commercial paper, money market funds, certificates of deposit in any United States bank having a net worth in excess of $100,000,000 or obligations issued or guaranteed by the United States of America, in each case having a maturity not in excess of [two years]; (v) incur any aggregate indebtedness in excess of $[_____] that is not already included in a Board-approved budget, other than trade credit incurred in the ordinary course of business; (vi) enter into or be a party to any transaction with any director, officer or employee of the Company or any “associate” (as defined in Rule 12b-2 promulgated under the Exchange Act) of any such person [except transactions resulting in payments to or by the Company in an amount less than $[60,000] per year], [or transactions made in the ordinary course of business and pursuant to reasonable requirements of the Company’s business and upon fair and reasonable terms that are approved by a majority of the Board of Directors];16 (vii) hire, fire, or change the compensation of the executive officers, including approving any option plans; (viii) change the principal business of the Company, enter new lines of business, or exit the current line of business; or (ix) sell, transfer, license, pledge or encumber technology or intellectual property, other than licenses granted in the ordinary course of business.Non-Competition and Non-Solicitation and Agreements:17Each Founder and key employee will enter into a [one] year non-competition and non-solicitation agreement in a form reasonably acceptable to the Investors.Non-Disclosure and Developments Agreement: Each current and former Founder, employee and consultant with access to Company confidential information/trade secrets will enter into a non-disclosure and proprietary rights assignment agreement in a form reasonably acceptable to the Investors.Board Matters:Each Board Committee shall include at least one Series A Director.The Board of Directors shall meet at least [monthly][quarterly],unless otherwise agreed by a vote of the majority of Directors.16Note that Section 402 of the Sarbanes-Oxley Act of 2003 would require repayment of any loans in full prior to the Company filing a registration statement for an IPO.17Note that non-compete restrictions (other than in connection with the sale of a business) are prohibited in California, and may not be enforceable in other jurisdictions, as well. In addition, some investors do not require such agreements for fear that employees will request additional consideration in exchange for signing a Non-Compete/Non-Solicit (and indeed the agreement may arguably be invalid absent such additional consideration - - although having an employee sign a non-compete contemporaneous with hiring constitutes adequate consideration). Others take the viewthat it should be up to the Board on a case-by-case basis to determine whether any particular key employee is requiredto sign such an agreement. Non-competes typically have a one year duration, although state law may permit up to two years.The Company will bind D&O insurance with a carrier and in anamount satisfactory to the Board of Directors. In the event theCompany merges with another entity and is not the survivingcorporation, or transfers all of its assets, proper provisions shall bemade so that successors of the Company assume Company’sobligations with respect to indemnification of Directors. Employee Stock Options: All employee options to vest as follows: [25% after one year, withremaining vesting monthly over next 36 months].[Immediately prior to the Series A Preferred Stock investment,[______] shares will be added to the option pool creating anunallocated option pool of [_______] shares.]Key Person Insurance: Company to acquire life insurance on Founders [name eachFounder] in an amount satisfactory to the Board. Proceeds payableto the Company.[IPO Directed Shares:18To the extent permitted by applicable law and SEC policy, upon anIPO consummated one year after Closing, Company to usereasonable best efforts to cause underwriters to designate [10]% ofthe offering as directed shares, 50% of which shall be allocated byMajor Investors.][QSB Stock: Company shall use reasonable best efforts to cause its capital stockto constitute Qualified Small Business Stock unless the Boarddetermines that such qualification is inconsistent with the bestinterests of the Company.]Termination: All rights under the Investor Rights Agreement, other thanregistration rights, shall terminate upon the earlier of an IPO, aDeemed Liquidation Event or a transfer of more than 50% ofCompany’s voting power.RIGHT OF FIRST REFUSAL/CO-SALE AGREEMENTAND VOTING AGREEMENTRight of first Refusal/ Right of Co-Sale (Take-me-Along): Company first and Investors second (to the extent assigned by the Board of Directors,) have a right of first refusal with respect to any shares of capital stock of the Company proposed to be sold by Founders [and employees holding greater than [1]% of Company18SEC Staff examiners have taken position that, if contractual right to friends and family shares was granted less than 12 months prior to filing of registration statement, this will be considered an “offer” made prematurely before filing of IPO prospectus. So, investors need to agree to drop shares from offering if that would hold up the IPO. While some documents provide for alternative parallel private placement where the IPO does occur within 12 months, such a parallel private placement could raise integration issues and negatively impact the IPO. Hence, such an alternative is not provided for here.。

InvestmentTermSheet(投资意向书英文版)

Investment Term Sheet（投资意向书）20xx年xx月xx日甲方（公司）乙方（VC）被投公司简况是总部注册在开曼群岛的有限责任公司，该公司直接或者间接的通过其在中国各地的子公司和关联企业，经营在线教育开发、外包和其他相关业务。

总公司、子公司和关联企业的控股关系详细说明见附录一。

(以下简称“甲方”或者“公司”)XXXX公司公司结构甲方除了拥有在附录一中所示的中国的公司股权外，没有拥有任何其他实体的股权或者债权凭证，也没有通过代理控制任何其他实体，也没有和其他实体有代持或其他法律形式的股权关系。

现有股东目前甲方的股东组成如下表所示：股份比例股份股权类型股东名单50%5,000,000普通股／CEO30%3,000,000普通股／CTO20%2,000,000普通股／COO100%10,000,000合计：投资人／投资金额某某VC（乙方）将作为本轮投资的领投方（lead investor）将投资：美金150万跟随投资方经甲方和乙方同意，将投美金100万；投资额250万美金。

上述提到的所有投资人以下将统称为投资人或者A轮投资人。

投资总额250万美金（“投资总额”）将用来购买甲方发行的A轮优先股股权。

本投资意向书所描述的交易，在下文中称为“投资”。

投资款用途80万研发、购买课件55万在线设备和平台45万全国考试网络45万运营资金25万其它250万总额详细投资款用途清单请见附录二。

投资估值方法公司投资前估值为美金350万元，在必要情况下，根据下文中的“投资估值调整”条款进行相应调整。

本次投资将购买公司股A轮优先股股份，每股估值0.297美金，占公司融资后总股本的41.67%。

公司员工持股计划和管理层股权激励方案现在股东同意公司将发行最多1,764,706股期权（占完全稀释后公司总股本的15%）给管理团队。

公司员工持股计划将在投资完成前实施。

所有授予管理团队的期权和员工通过持股计划所获得的期权都必须在3年内每月按比例兑现，并按照获得期权时的公允市场价格执行。

投资条款(二)

Investment Term Sheet 样本甲方（被投资的公司）和乙方（VC）Investment Term Sheet（投资意向书）2009年01月01日被投公司简况XXXX公司(以下简称“甲方”或者“公司”) 是总部注册在开曼群岛的有限责任公司，该公司直接或者间接的通过其在中国各地的子公司和关联企业，经营在线教育开发、外包和其他相关业务。

总公司、子公司和关联企业的控股关系详细说明见附录一。

公司结构甲方除了拥有在附录一中所示的中国的公司股权外，没有拥有任何其他实体的股权或者债权凭证，也没有通过代理控制任何其他实体，也没有和其他实体有代持或其他法律形式的股权关系。

现有股东目前甲方的股东组成如下表所示：股东名单股权类型股份股份比例黄马克／CEO 普通股5,000,000 50%刘比尔／CTO 普通股3,000,000 30%周赖利／COO 普通股2,000,000 20%合计：10,000,000 100%投资人／投资金额某某VC（乙方）将作为本轮投资的领投方（lead investor）将投资：美金150万跟随投资方经甲方和乙方同意，将投资：美金100万投资总额美金250万上述提到的所有投资人以下将统称为投资人或者A轮投资人。

投资总额250万美金（“投资总额”）将用来购买甲方发行的A轮优先股股权。

本投资意向书所描述的交易，在下文中称为“投资”。

投资款用途研发、购买课件80万在线设备和平台55万全国考试网络45万运营资金45万其它25万总额250万详细投资款用途清单请见附录二。

投资估值方法公司投资前估值为美金350万元，在必要情况下，根据下文中的“投资估值调整”条款进行相应调整。

本次投资将购买公司股A轮优先股股份，每股估值0.297美金，占公司融资后总股本的41.67%。

公司员工持股计划和管理层股权激励方案现在股东同意公司将发行最多1,764,706股期权（占完全稀释后公司总股本的15%）给管理团队。

投资意向书英文

投资意向书英文【篇一：英文版-投资意向书】投资意向书letter of investment intent甲方：party a:乙方：有限公司 party b:丙方：上海市party c: shanghai jiading district foreign investmentpromotion bureau甲、乙、丙三方本着平等互利的原则，经丙方介绍、协调，就乙方在甲方批租土地投资建厂的相关事项达成如下协议：abide by the principle of equdlity and mutual benefit, underthe introduction of party c, three parties have reached an agreement on investment as follows.一、乙方项目概况： i project of party b:二、乙方注册资本：ii register capital of party b:三、乙方选址及土地价格：iii location of party b land fee:四、丙方免费为甲、乙双方提供政策咨询、业务协调及跟进服务。

iv party c supply policy inquiry service of project and related service for party a b for free.本意向书仅作为政府内部统计、考核之用，无商业上的法律意义。

本意向书一式三份，经三方代表签字后生效。

this letter of intent is only for statistics and check of government, invalidated on business. this letter of intent is written in triplicate and become effective after three parties’ subscription.2005--【篇二：中英文投资合作意向书】letter of intent 合作意向书after friendly consultations based on the principles of equality and mutual benefit本着平等互的原则，经过友好的协商，__________________________ party a/甲方and与___________________________ party b/乙方have agreedto execute this letter of intent loi to accord the understanding reached duringdiscussions and to indicate the continuing corporation.一致同意以本意向书实前期谈判中达成的解并指导后续的合作。

【最新推荐】收到投资意向书到拿到投资一般要多久-范文模板 (15页)

本文部分内容来自网络整理，本司不为其真实性负责，如有异议或侵权请及时联系，本司将立即删除！== 本文为word格式，下载后可方便编辑和修改！ ==收到投资意向书到拿到投资一般要多久篇一：投资意向书 (通用版本)甲方（你的公司）和乙方（VC）Investment Termsheet（投资意向书）适用于创投、私募股权投资被投公司简况XXXX公司 (以下简称“甲方”或者“公司”) 是总部注册在开曼群岛的有限责任公司，该公司直接或者间接的通过其在中国各地的子公司和关联企业，经营在线教育开发、外包和其他相关业务。

总公司、子公司和关联企业的控股关系详细说明见附录一。

现有股东目前甲方的股东组成如下表所示：股东名单股权类型股份股份比例黄马克/CEO普通股 5，000，000 50％刘比尔/CTO 普通股 3，000，00030％周赖利/COO 普通股 2，000，00020％------------------------------------------------------------------------------------------------合计： 10，000，000 100％投资人 / 投资金额某某VC (乙方)将作为本轮投资的领投方（lead investor) 将投资：美金150万跟随投资方经甲方和乙方同意，将投资：美金100万------------------------------------------------------------------------------------------------投资总额美金250万上述提到的所有投资人以下将统称为投资人或者A轮投资人。

投资总额250万美金（“投资总额”）将用来购买甲方发行的A轮优先股股权。

VC投资意向书

甲方（你的公司）和乙方（vc）investment termsheet （投资意向书）适用于创投、私募股权投资被投公司简况xxxx公司 (以下简称“甲方”或者“公司”) 是总部注册在开曼群岛的有限责任公司，该公司直接或者间接的通过其在中国各地的子公司和关联企业，经营在线教育开发、外包和其他相关业务。

总公司、子公司和关联企业的控股关系详细说明见附录一。

现有股东目前甲方的股东组成如下表所示：股东名单股权类型股份股份比例黄马克/ceo 普通股 5，000，000 50％刘比尔/cto 普通股 3，000，000 30％周赖利/coo普通股 2，000，000 20％------------------------------------------------------------------------------------------------ 合计： 10，000，000 100％投资人 / 投资金额某某vc (乙方)将作为本轮投资的领投方（lead investor) 将投资：美金150万跟随投资方经甲方和乙方同意，将投资：美金100万------------------------------------------------------------------------------------------------ 投资总额美金250万上述提到的所有投资人以下将统称为投资人或者a轮投资人。

投资总额250万美金（“投资总额”）将用来购买甲方发行的a轮优先股股权。

本投资意向书所描述的交易，在下文中称为“投资”。

投资款用途研发、购买课件 80万在线设备和平台 55万全国考试网络 45万运营资金 45万其它 25万总额 250万详细投资款用途清单请见附录二。

英文投资意向书

债权凭证，也没有通过代理操纵任何其他实体，也没有和其他实体有代持或其他法律形式的
股权关系。现有股东
目前甲方的股东组成如下表所示：股东名单股权类型股分股分比例黄马克/ceo 一般股 5,000,000 50%刘比尔/cto 一般股 3,000,000 30%周赖利/coo 一般股 2,000,000 20%-------------------------------------------------------- 合计： 10,000,000 100% 投资人 / 投资金额
party b:甲方：乙方：signed by: signed
by:委托人签字：???????????????..
委托人签字：???????????????..date： date：日期：日期： page 2 of 2
篇四：采购意向书中英文对照date: april 22nd, XX to,tel:fax: address:
小草范文网:英文投资意向书)o but the terms and
the possible sale itself are not binding unless and until they are set forth in a
written contract signed by possible seller and possible buyer. the word shall is used
日期: XX年4月22日致:m/s.********* 致：先生：：地址：主题：采购意向书 dear mr. ****,我方公司有能力与意愿，预备依据以下规格和所示条款条件来采购如 port of delivery: dubai 交货港：迪拜 inconterms: cif 出货条款：cifpacking: standard export packing 包装：标准出口包装 shipping: within 15 days after receipt of 30% deposit. 船运：收到30%订金后15

英文投资意向协议书范本

Investment Intent Letter[Date][Recipient's Name][Recipient's Address][City, State, ZIP Code]Dear [Recipient's Name],I am writing to express my interest in investing in [Company Name], a company that [briefly describe the company's business]. After conducting thorough research and analysis, I am confident that this investment opportunity has the potential for significant returns and aligns with my investment strategy.I would like to invest [investment amount] in [Company Name] in exchange for [percentage of ownership] equity stake in the company. I understand that this investment will be subject to the terms and conditions set forth in the company's investment agreement and any other relevant agreements that may be entered into between us.Before proceeding with the investment, I would appreciate the opportunity to discuss and clarify the following aspects:1. Business Model and Strategy: I would like to gain a deeper understanding of [Company Name]'s business model, growth strategy, and competitive advantages in the market. Please provide me with an overview of the company's products or services, target market, and marketing strategies. Additionally, please explain how the company plans to differentiate itself from its competitors and achieve long-term success.2. Financial Performance: I would like to review the company's financial statements, including the balance sheet, income statement, and cash flow statement for the past few years. This will help me assess the company's profitability, liquidity, and financial health. Please provide me with any additional financial data or projections that may be available, suchas revenue growth rates, profitability margins, and cash flowprojections for the upcoming years.3. Management Team: The success of a company is greatly dependent on its management team. I would like to know more about the qualifications, experience, and track record of [Company Name]'s management team. Please provide me with biographical information about the key members of the management team, including their past work experience, expertise, andany notable achievements.4. Risk Analysis: Every investment carries certain risks. I would appreciate it if you could identify and explain the potential risks and challenges that [Company Name] may face in the future. This includes industry-specific risks, regulatory risks, competitive risks, and any other relevant risks. Additionally, please discuss the measures that the company is taking to mitigate these risks and ensure its long-term sustainability.5. Exit Strategy: As an investor, it is important for me to understand the potential exit strategies available to me in case I decide to sell my investment in the future. Please discuss any potential exitstrategies that [Company Name] may have, such as an initial public offering (IPO), acquisition by a larger company, or a buyback of shares by the company.Based on the information provided and the discussions held, I intend to proceed with the investment in [Company Name]. However, I would like to request a meeting or further discussions to address the questions and concerns raised in this letter. I believe that a face-to-face meetingwill provide me with a better understanding of the company and its potential.Please let me know your availability and preferred venue for the meeting.I am flexible and can accommodate your schedule.Thank you for considering my investment proposal. I look forward to hearing from you soon and discussing the opportunity further.Sincerely,[Your Name]。

全球最权威的term sheet----风险投资意向书

Checklist Term Sheet VC Investment[COMPANY][ADDRESS][COMMERCIAL REGISTRY]("the Company")Shareholder(s) ("Founder(s)"): Key Management:Investor(s):Current capitalization: Valuation:Investment Amount: Issue Price:Securities:Resulting Capitalization:Use of the proceeds:[NAMES][ADDRESSES][NAME][COMPANY] [ADDRESS][COMMERCIAL REGISTRY][COMPANY] [ADDRESS][COMMERCIAL REGISTRY]Details of the current share capital of the company areset out in a capitalization table in Schedule "A".Pre-money Company value of [CURRENCY] [AMOUNT], fully diluted1 based on [NUMBER] common shares outstanding[CURRENCY] [AMOUNT]Price per new preferred B share of [CURRENCY] [AMOUNT] ("the Original Issue Price") implying a [CURRENCY] [AMOUNT] fully diluted pre-money valuation[NUMBER] shares of a newly-created class B shares each having the rights described in this Term Sheet (the "preferred B shares") representing [PERCENTAGE] % of the Company's fully diluted issued share capitalA pro forma detailed capitalization table showing the Company's capital structure after the Transaction is effected is attached as Schedule "B".The proceeds from issuing the preferred B shares willbe used for [TO BE COMPLETED], following the budget and key business plan attached in Schedule "C"as prepared by the Company and the Founders.Issuer:1 Assuming exercise/conversion of ail outstanding fmancial instruments.2 Local tax conséquences and légal issues to be checked.Local tax conséquences and légal issues to be checked.In the event of an Exit, the proceeds will in principle be distributed to ail Shareholders proportionately.However, the holders of the preferred B shares willreceive an amount, for each preferred B share, at leastequivalent to the Original Issue Price, [increased [inthe first [ ] years] by an IRR of [20] % per annumcompounded annually] ("the Exit Preference").Exit Préférence 2: "Exit" means [DEFINE][Define circumstances in which exit preference doesnot work, e.g. IPO/sale at a pre-defined minimumprice]Each preferred B share is entitled to the same voting rights as ail common shares. Voting:The Board of Directors will be composed of up to and including [NUMBER] directors, of whom[NUMBER] are appointed on proposal by the holdersof A shares and [NUMBER] on proposal by theholders of preferred B shares.Board représentation: [Minimum shareholding threshold to nominatedirectors; Casting vote for chairman; Remuneration of directors; Committees (remuneration, audit etc.)? -to be discussed](i) at the level of the Board of Directors: the Directors appointed on proposal of theholders of the preferred B must approve thefollowing decisions [LIST].Protective Provisions: (ii) at the shareholders' level: the holders of thepreferred B must approve the followingdecisions [LIST] [If the Company issues additional shares] OR [In the event of a capital increase of at least [AMOUNT] [CURRENCY] of which at least [AMOUNT][CURRENCY] is subscribed by a third party] before[DATE] at a purchase price less than the OriginalIssue Price], the Investors will benefit from a [fullratchet] anti-dilution protection as outlined inSchedule "D".Anti-dilution Protection [specify exceptions: e.g. employee offerings]AU shareholders will use their best efforts to realize an Exit by way of a Qualified Public Offering or a trade sale before [DATE]. Exit:The Shareholders must sell their shares if an offer ismade to buy ail the Company's shares, and if [specifyconditions: e.g. board approval or minimum priceoffered by candidate acquirer].Each holder of preferred B shares may transfer Sharesin the Company (i) to affiliates, or (ii) in connectionwith the liquidation of an Investor.The holders of preferred B shares must not give anyrepresentation and warranties other than the clean titleto the shares when they sell their shares.The shareholders [Investors] will [OR may, ifrequested] receive the following information: A take-along obligation if fa f ] majority of— one of] the holders of the preferred B shares sell their shares in the Company.A put option to the Company is no real option given the Belgian mandatory rules on a company's acquisition of its own shares. If no Exit bas occurred before [DATE], [a [ ]majority of- each oj] the holders of the preferred Bshares will have the right to:Mandatory Exit Route: (i) force the Company or the other shareholders or both the Company and the othershareholders to realise their investment in aQualified Public Offering, trade sale 4 orliquidation or to instruct an independent, professional third party to find an industrialpartner for the Company or to organise a sale of ail or most of the Company's shares orassets; or(ii) sell their shares to [NAMES]5 at a pricebased on [VALUATION MECHANISM].Lock-up: Any transfer of securities (including, withoutlimitation, granting options, pledges) [by the Founders]will be subject to a lock-up period of [NUMBER]months / years after Closing.Right of first refusai: Any holder of securities wishing to transfer hissecurities must inform the other shareholders and theBoard of Directors. The other shareholders have aright of first refusal to acquire the offered securities.[+ specify terms and conditions right of first refusal].Take-Along right: If a holder of [A] shares transfers in one or moresuccessive transactions more than [10] % of his stake[to a third party], the holders of the preferred Bshares can require the purchaser to take over a pro rataproportion of their shares at the price offered by thelatter.Take over offer: Free Transfers: Other: Right to Information:(1) audited financial statements by a respected auditing firm within [90 days] after each fiscal year ends; (2) quarterly financial statements [(profit & loss, cash flow statements, balance sheet and a management report)} within [30 days] after each quarter ends; (3) monthly reports [(profit & loss and cash flow statements)] within [25 days] after each month ends; (4) a budget and business plan [30 days] or more before each fiscal year begins; and (5) other information reasonably requested. The Company will permit the Investors, or their authorized representatives, (i) to visit and inspect the Company's properties, (ii) to discuss the business and finances with officers of the Company, (iii) to have full access to the books and records of the Company and (iv) to copy these books and records at its sole discretion. Right to Inspection: [specify who bears transaction costs transaction completes / does not complete] Closing of the Transaction is subject to [INSERT CONDITIONS, e.g. satisfactory due diligence, no MAC before Closing etc.]. Term of the Shareholders'Agreement: [NUMBER] years, and automatic renewal for[NUMBER] years, except if ail parties agreeotherwise.The Articles of Association of the Company will be amended on Closing, to the extent required by law, to reflect the terms of the Subscription and Shareholders' Agreement. Articles of Association:Other covenants:The Subscription and Shareholders' Agreement/Management Agreement must include [a full-time / an exclusivity commitment from the [operational] Founders until [DATE], a non- compete undertaking, a customary confidentiality undertaking, proprietary rights and invention assignment, appropriate representations and warranties by the Founders and other typical covenants deemed necessary by the Investors to perform the transaction. [+ include GOOD LEAVER / BAD LEAVER provisions]. Other MattersExpenses:of the Conditions:Checklist Term Sheet VC Investment[COMPANY][ADDRESS]Issuer:[COMMERCIAL REGISTRY]("the Company")Shareholder(s) ("Founder(s)"): Key Management:Investor(s):Current capitalization: Valuation:Investment Amount: Issue Price:Securities:Resulting Capitalization:Use of the proceeds:[NAMES][ADDRESSES][NAME][COMPANY] [ADDRESS][COMMERCIAL REGISTRY][COMPANY] [ADDRESS][COMMERCIAL REGISTRY]Details of the current share capital of the company areset out in a capitalization table in Schedule "A".Pre-money Company value of [CURRENCY] [AMOUNT], fully diluted1 based on [NUMBER] common shares outstanding[CURRENCY] [AMOUNT]Price per new preferred B share of [CURRENCY] [AMOUNT] ("the Original Issue Price") implying a [CURRENCY] [AMOUNT] fully diluted pre-money valuation[NUMBER] shares of a newly-created class B shares each having the rights described in this Term Sheet (the "preferred B shares") representing [PERCENTAGE] % of the Company's fully diluted issued share capitalA pro forma detailed capitalization table showing the Company's capital structure after the Transaction is effected is attached as Schedule "B".The proceeds from issuing the preferred B shares willbe used for [TO BE COMPLETED], following the budget and key business plan attached in Schedule "C"as prepared by the Company and the Founders.1 Assuming exercise/conversion of ail outstanding financial instruments.Confidentiality:Exclusivity:Expiration Date:Governing Law and jurisdiction:[Except as required under any applicable law, regulation or governmental order,} the Company and the Founders [ALSO INVESTORS?] will keep the existence and contents of this Term Sheet confidential, and will disclose that information only to the Company's directors, employees and independent advisors with a need to know, in each case under a confidentiality obligation.[include no-shop provision]This Term Sheet will expire if not executed on or before [DATE].[Specify governing law of term sheet and later documentation][Arbitration vs. Courts]Notwithstanding anything to the contrary in this document, this Term Sheet is intended solely as a basis for further discussion between the parties and is not intended to be and does not constitute a legal or binding obligation.THE COMPANY THE INVESTORS[TO BE COMPLETED][TO BE COMPLETED]THE FOUNDERS[TO BE COMPLETED]。

英文版-投资意向书

投资意向书LETTER OF INVESTMENT INTENT甲方：PARTY A:乙方：有限公司PARTY B:丙方：上海市PARTY C: SHANGHAI JIADING DISTRICT FOREIGN INVESTMENT PROMOTION BUREAU甲、乙、丙三方本着平等互利的原则，经丙方介绍、协调，就乙方在甲方批租土地投资建厂的相关事项达成如下协议：Abide by the principle of equdlity and mutual benefit, under the introduction of Party C, three parties have reached an agreement on investment as follows.一、乙方项目概况：I Project of Party B:二、乙方注册资本：II Register Capital of Party B:三、乙方选址及土地价格：III Location of Party B & land fee:四、丙方免费为甲、乙双方提供政策咨询、业务协调及跟进服务。

IV Party C supply policy inquiry service of project and related service for Party A & B for free.本意向书仅作为政府内部统计、考核之用，无商业上的法律意义。

本意向书一式三份，经三方代表签字后生效。

This letter of intent is only for statistics and check of government, invalidated on business.This letter of intent is written in triplicate and become effective after three parties’subscription.2005- -。

投资意向书中英文

投资意向书中英文投资意向书中英文篇一：中英文投资合作意向书 Letter of Intent 合作意向书After friendl onsultations based on the priniples of equalit and mutual benefit本着平等互的原则，经过友好的协商，__________________________ Part A甲方and与___________________________ Part B乙方have agreed to exeute this Letter of Intent LOI to aord the understanding reahed duringdisussions and to indiate the ontinuing orporation.一致同意以本意向书实前期谈判中达成的解并指导后续的合作。

The purpose of this LOI is to set forth ertain non-binding understandings and ertain bindingmitments beteen both parties ith respet to a proposed transationinvestment beteenboth parties.本意向书旨在陈述与双方交投资有关的干无拘束的认识和具有拘束的约定。

Part I: Proposed TransationInvestment第一部分: 交投资 LOI 甲方Part A：乙方Part B：双方就羊毛衫加工车间项目的合作事宜,经过初步协商，达成如下合作意向：Through a preliminar disussion on the ooperation of knitted seater orkshop, both parties have reahed the intents as folloing：一、同意就羊毛衫加工车间项目开展合作开发。

投资意向书范本(doc 9页)

投资意向书范本(doc 9页)投资意向书（Letter of Interest）样本尊敬的A先生：根据ABC公司提供XYZ投资公司的信息和预测数据，XYZ投资公司与ABC公司同意XYZ投资公司将在完全稀释后的基础上以八百万美元的融资后作价（或六百万美元的融资前作价）投资ABC公司的A系列优先股票。

投资条件如下：1股票的购买双方同意XYZ投资公司投资二百万美元购买ABC公司的A系列优先股，此项投资将换取ABC公司25％的的完全稀释后的股d) ABC公司的业务没有发生本质变化；e) ABC公司在香港（或英属维京群岛或开曼群岛）重新注册，本地的ABC公司变成一个境外公司的子公司。

4保密约定在双方认可（或否决）投资许诺之前，双方有关人士及其代理人负有保密责任，不对外泄露谈判内容及进展。

如果现行法律或法院认为确实有必要，披露信息的一方在此情况下需预先通知另一方，并尽可能把披露内容限制在最小范围内。

5免责声明双方均放弃基于本条款清单和投资意向而向法院起诉的企图和权力。

6无约束力声明本投资意向书不是XYZ投资公司的许诺书。

正式的投资承诺必须在签订投资合同之后才能生效。

7适用法律本投资意向书适用中华人民共和国法律。

本协议信件所附之条款清单只作为进一步调查和谈判的基础，不是任何一方对所提及的投资交易的许诺。

如果你同意以上条件及所附条款清单的投资条件，并愿意以此为基础继续往下做，那么请在下面适当的地方签字，并递交一份正式副本给XYZ投资公司。

时间最迟不能超过本地时间2005年10月31日，否则上述建议将自行终止。

同意并接受上述条件：ABC公司代表签字： . 日期： .XYZ投资公司代表签字：*** . 日期：** ** ** .投资意向书样本关于在××乡开办洗煤厂的投资意向书甲方：××乡政府乙方：××× 鉴于甲方良好的投资环境和优质服务，考虑到甲方具备丰富的煤炭资源，加之境内没有洗煤厂，符合乙方的投资条件，经甲乙双方多次接触，现达成如下投资意向：一、乙方投资600万元在甲方境内兴办一家年产精煤10万吨、年产值4600万元和年创利税150万元的洗煤厂，自主经营，自负盈亏，自我管理。

英文版投资合作意向书（2）

英文版投资合作意向书（2）英文版投资合作意向书Address: No. ********, ******** Road, ******** City, ******** Province Tel: **********Fax: **********legal representative: **********乙方名称：**********有限公司地址：**********座机：**********移动固话：**********传真：**********法定代表人：**********Party B: ********** Co., LtdAddress: Room**********, ********** Road,********** District,Beijing, China Tel: **********Mobile: **********Fax: **********legal representative: **********丙方名称：**********地址：**********Phone ：**********Fax ：**********法定代表人：**********Party C: **********Address: **********Tel: **********Fax ：**********Legal representative: **********甲、乙、丙三方经友好协商，本着平等互利、优势互补、合作共赢的原则，就三方共同发起、共同出资、成立合资公司，达成如下合作协议：According to principles of equality and mutual benefit , complementary advantages , and win - win cooperation, Three parties have reached a cooperation agreement on the establishment and capital contributions of the joint venture company as follows:第一条合资公司名称、经营范围、注册地址及公司形式：1. 合资公司名称：**********有限责任公司。

投资意向书（TERMSHEET）详解

投资意向书（TERMSHEET）详解第一篇：投资意向书(TERMSHEET)详解投资意向书协议编号：【】签订地点：【】甲方：上海汇银（集团）有限公司（甲方系本意向所涉被投公司创始股东）上海明嘉投资管理有限公司乙方：东方国际（集团）有限公司（乙方系本意向所涉投资方）丙方：上海领秀电子商务有限公司（丙方系本意向所涉被投公司）鉴于：甲、乙、丙三方经平等自愿协商，就乙方以增资方式入股丙方事宜，于上海市长宁区达成如下意向：第一条公司简况丙方(以下简称“公司”)注册于中国上海静安区南京西路758号18楼B室，公司注册资本人民币2000万元，公司法定代表人王启明，公司主营业务为：电子商务，计算机软硬件及网络产品的技术开发、技术服务和销售，奢侈品牌的线上线下展示及销售等。

第二条公司创始股东截至本意向签署之时，公司股东（以下简称“创始股东”）组成如下表所示：股东名单出资持股比例上海汇银（集团）有限公司 1700万元人民币 85% 上海明嘉投资管理有限公司300万元人民币15%----------------------合计：2000万元人民币 100%第三条增资金额/ 83-1 具体金额乙方将对公司增加投资人民币【】万元【大写：】。

3-2 部分留置各方同意，增资总额的20%乙方有权留置（具体留置方式另议），但该等留置不影响乙方全部享有本意向以及乙方增资入股后按全部增资额（不扣除留置部分）所应享有的全部权利及收益。

在乙方确认甲方及公司按约履行本意向及未来签署的正式协议或合同所涉全部义务的情况下，乙方应释放该等留置款项，若甲方存在任意应向乙方及公司支付和承担的责任和款项的，乙方有权在该等留置款项中直接扣除。

第四条增资款用途增资款用于：公司研发费用、在线设备和平台费用、运营资金、品牌推广、品牌开发等。

第五条公司估值甲、乙、丙三方确认：以2013年10月31日为评估基准日，公司估值为人民币【】万元【大写：人民币万元整】。

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Investment Term Sheet
（投资意向书）
20xx 年xx 月xx 日
甲方（公司）
乙方（VC ）
被投公司简况
是总部注册在开曼群岛的有限责任公司，该公司直接或者间接的通过其在中国各地的子公司和关联企业，经营在线教育开发、外包和其他相关业务。

总公司、子公司和关联企业的控股关系详细说明见附录一。

（以下简称“甲方”或者“公司”）XXXX公司
公司结构
甲方除了拥有在附录一中所示的中国的公司股权外，没有拥有任何其他实体的股权或者债权凭证，也没有通过代理控制任何其他实体，也没有和其他实体有代持或其他法律形式的股权关系。

现有股东
目前甲方的股东组成如下表所示：
股份比例股份股权类型股东名单
50% 5,000,000 普通股／CEO
30% 3,000,000 普通股／CTO
20% 2,000,000 普通股／COO
100% 10,000,000
合计：
投资人／投资金额
某某VC （乙方）将作为本轮投资的领投方（lead investor ）将投资：美金150 万
跟随投资方经甲方和乙方同意，将投美金100 万；投资额250 万美金。

上述提到的所有投资人以下将统称为投资人或者A 轮投资人。

投资总额250万美金（“投资总额”）将用来购买甲方发行的A轮优先股股权。

本投资意向书所描述的交易，在下文中称为“投资” 。

投资款用途
80 万研发、购买课件
55 万在线设备和平台
45 万全国考试网络
45 万运营资金
详细投资款用途清单请见附录二。

投资估值方法
公司投资前估值为美金350 万元，在必要情况下，根据下文中的“ 投资估值调整”条款进行相应调整。

本次投资将购买公司股A 轮优先股股份，每股估值0.297 美金，占公司融资后总股本的41.67% 。

公司员工持股计划和管理层股权激励方案现在股东同意公司将发行最多
1,764,706 股期权（占完全稀释后公司总股本的15% ）给管理团队。

公司员工持股计划将在投资完成前实施。

所有授予管理团队的期权和员工通过持股计划所获得的期权都必须在3 年内每月按比例兑现，并按照获得期权时的公允市场价格执行。

A 轮投资后的股权结构
A 轮投资后公司（员工持股计划执行后）的股权结构如下表所示：
股份比例股份股权类型股东名单
27.63% 5,000,000 普通股
16.58% 3,000,000 普通股
11.05% 2,000,000 普通股
8.75% 1,764,706 普通股员工持股
25.00% 5,042,017 A 轮投资人（领投方）优先股
16.67% 3,361,345 A 轮投资人（跟投方）优先股
100% 20,168,067 合计：
投资估值调整
公司的初始估值（A 轮投资前）将根据公司业绩指标进行如下调整：
A 轮投资人和公司将共同指定一家国际性审计公司（简称审计公司）来对公司2010 年的税后净利（NPAT ）按照国际财务报告准则（IFRS）进行审计。

经IFRS 审计的经常性项目的税后净利（扣除非经常性项目和特殊项目）称为“2010 年经审计税后净利” 。

如果公司“2010 年经审计税后净利” 低于美金150 万（“2010 年预测的税后净利”），公司的投资估值将按下述方法进行调整：
2010年调整后的投资前估值=初始投资前估值X 2010年经审计税后净利十2010年预测的税后净利。

A 轮投资人在公司的股份也将根据投资估值调整进行相应的调整。

投资估值调整将在出具审计报告后1 个月内执行并在公司按比例给A
轮投资人发新的股权凭据以后立刻正式生效。

公司估值依据公司的财务预测，详见附录三反稀释条款
A 轮投资人有权按比例参与公司未来所有的股票发行（或者有权获得这些有价证券或者可转股权凭证或者可兑换股）；在没有获得A 轮投资人同意的情况下，公司新发行的股价不能低于A 轮投资人购买时股价。

在新发行股票或者权益性工具价格低于A 轮投资人的购买价格时，A 轮优先股转换价格将根据棘轮条款（ratchet ）进行调整。

Event ）资本事件（Capital
“ 资本事件”是指一次有效上市（请见下面条款的定义）或者公司的并购出售。

有效上市所谓的“ 有效上市”必须至少满足如下标准：
1. 公司达到了国际认可的股票交易市场的基本上市要求；
2. 公司上市前的估值至少达到5000 万美金；
3. 公司至少募集2000 万美金。

Option ）出售选择权（Put
如果公司在本轮投资结束后48 个月内不能实现有效上市，A 轮投资人将有权要求公司——在该情况下，公司也有义务——用现金回购部分或者全部的A 轮投资人持有的优先股，回购的数量必须大于或等于：
A轮投资人按比例应获得的前一个财年经审计的税后净利部分的10倍, 或者1.
2.本轮投资总额加上从本轮投资完成之日起按照30% 的内部收益率(IRR)实现的收益总和。

拒绝上市后的出售选择权
本轮投资完成后36 个月内，A 轮投资人指定的董事提议上市，并且公司已经满足潜在股票交易市场的要求，但是董事会却拒绝了该上市要求的情况下，A轮投资人有权要求公司在任何时候用现金赎回全部或者部分的优先股，赎回价必须高于或等于：
1•本轮投资额加上本轮完成之日起按照30%内部报酬率(IRR)实现的
收益总和；
A轮投资人按比例应获得的前一个财年经审计的税后净利部分的25倍。

未履行承诺条款的出售选择权。