//Form of Agreement | = | |
= | [G/GalionProject-TermSheet-CmA/Form/0.md] | |
//Options: | = | |
ordinary/preferred | = | ordinary |
20%_of_the_proceeds | = | 20% of the proceeds |
15%_of_their_stake | = | 15% of their stake |
75%_of_the_shares | = | 75% of the shares |
5_times | = | 5 times |
2_years | = | 2 years |
2/3_of_the_Series_A | = | 2/3 of the {_Series_A} |
5%_of_the_share_capital | = | 5% of the share capital |
third_anniversary_of_Closing | = | third anniversary of Closing |
sixth_anniversary_of_Closing | = | sixth anniversary of Closing |
2/3_majority_of_the_Series_A | = | 2/3 majority of the {_Series_A} |
5%_of_the_shares | = | 5% of the shares |
45_days_following_the_end_of_each_semester | = | 45 days following the end of each semester |
quarterly/monthly | = | quarterly |
45_days_following_the_end_of_each_quarter | = | 45 days following the end of each quarter |
20_days_of_such_change | = | 20 days of such change |
3_board_members | = | 3 board members |
15%_of_the_shares | = | 15% of the shares |
Board.2_times_per_quarter | = | 2 times per quarter |
Board.2_months | = | 2 months |
Board.8-day_prior_notice | = | 8-day prior notice |
Leaver.100%_of_the_shares | = | 100% of the shares |
Leaver.three_years | = | three years |
Leaver.fifth | = | fifth |
fifth_anniversary | = | fifth anniversary |
10%_of_the_Company’s_capital | = | 10% of the {_Company}’s capital |
50%_of_their_average_monthly_salary | = | 50% of their average monthly salary |
20%_of_remaining_cash | = | 20% of remaining cash |
30%_of_remaining_cash | = | 30% of remaining cash |
Decide.Debt.Max.$ | = | 200,000 Euros |