//	=	See comments at: https://thegalionproject.com/term-sheet#part-appendix-b
Ti	=	List of Material Decisions subject to qualified {_Board} approval
1.sec	=	effecting a merger, consolidation, sale of all or substantially all of the assets, or other reorganization of the {_Company} (or a subsidiary) in which control of the {_Company} (or a subsidiary) is transferred to a third party,
2.sec	=	authorizing a liquidation or winding-up of the {_Company},
3.sec	=	any material amendment, alternation or repeal of the {_Company}’s bylaws,
4.sec	=	creating or authorizing the creation of any security senior to or on parity with the {_Series_A} (including any convertible into or exercisable for such series) or reclassifying, altering or amending any existing security that is junior to or on parity with the {_Series_A}, if such reclassification, alteration or amendment would render such other security senior to or on parity with the {_Series_A},
5.sec	=	distributing dividends,
6.sec	=	purchasing or redeeming any capital stock other than stock repurchased from former employees or consultants in connection with the cessation of their employment/services, at the lower of fair market value or cost,
7.sec	=	any increase in the number of shares issuable pursuant to the {_Company}’s Stock Option Plan,
8.sec	=	authorizing any financial commitment not provided for in the budget and greater than {20%_of_remaining_cash},
9.sec	=	creating or authorizing the creation of any debt security and/or other borrowings not provided for in the budget and greater than {Decide.Debt.Max.$} in aggregate,
10.sec	=	creating any subsidiary that is not a wholly-owned subsidiary,
11.sec	=	increase or decrease the size of the {_Board},
12.sec	=	any acquisition or disposition of assets (including but not limited to a majority or minority stake stake in another company) for value above {30%_of_remaining_cash},
13.sec	=	any transfer or license of the {_Company}'s technology or intellectual property rights outside the ordinary course of business,
14.sec	=	undertaking an initial public offering or listing of {_Company} shares,
15.sec	=	any transaction between the {_Company} and any officer, director or affiliate of the {_Company} other than entered into at arm’s length and in the ordinary course of business, or
16.sec	=	compensation or dismissal of each {_Founder}.
Il conviendra de porter une attention particulière sur la dernière clause (xvi) concernant le départ d’un fondateur. S’agissant d’une décision extrêmement sensible à tous points de vue, il est suggéré qu’elle nécessite non seulement l’accord de la majorité des investisseurs mais aussi celle de tous les co-fondateurs actifs restants.	=
	=	[G/Z/ol-i/s16]