G/YCombinator-SAFE-2020/Form/Base/v1-1.md

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Termination.
This Safe will automatically terminate (without relieving the Company of any obligations arising from a prior breach of or non-compliance with this Safe) immediately following the earliest to occur of: (i) the issuance of Capital Stock to the Investor pursuant to the automatic conversion of this Safe under Section 1.a; or (ii) the payment, or setting aside for payment, of amounts due the Investor pursuant to Section 1.b or Section 1.c.