Evento

NACO Academy Workshop - Structured Deals & Term Sheets

Course Description

A term sheet lays the groundwork for ensuring that the parties involved in an investment transaction are in agreement on most major aspects of the deal, thereby precluding the possibility of a misunderstanding. Because investment terms, company valuation, and the longer-term implications of investment terms are not one size fits all, it is important that investors understand the definition of terms and their application in each distinct deal. This module will give an in-depth treatment of all the terms and conditions (T&Cs) that can form the basis of a term sheet and subsequent investment deal. It will provide students with an understanding of the purpose of these T&Cs and their appropriate use in structuring deals to maximize return and minimize risk.

Learning Objectives

By the end of this module the student will be able to:
Describe the effect of a term sheet
Explain the purpose of individual terms and conditions on any term sheet
Create new terms and conditions to address any specific risk
Justify to an entrepreneur the inclusion of specific terms and conditions in a deal
Describe how a term sheet is developed into more formal deal documentation