Note Purchase Agreement Template
Some of the most basic details the legal form covers include.
Note purchase agreement template. Note purchase agreement is a contract for the sale and purchase of promissory notes between a company acting as the seller and a buyer to raise capital for funding any corporate purpose. 802 no stockholder rights. You should not act or refrain from acting on the basis of any content included in this site without seeking legal or other professional. Download samples of professional document drafts in word doc and excel xls format.
Glossarynote purchase agreementa contract for the sale and purchase of notes that allows a company the seller to raise money for general corporate purposes to complete an acquisition or for other purposes. The information contained in this sample is provided for informational purposes only and should not be construed as legal advice on any subject matter. Note purchase agreement template download now. Similar to a loan agreement the seller must fulfill conditions additional content available.
Just download the file and simply fill in your information into the document. This sample form of convertible promissory note purchase agreement is for use in an early round seed financing from an individual angel investor or a small group of individual angel investors resident in the united states which is negotiated directly by both the company and the investing party. Investors can sell promissory notes back to the company issuing them when the note reaches maturity. A convertible note is a loan instrument but upon the occurrence of an equity financing such as raising money from venture capitalists the note will convert into equity.
Convertible note purchase agreement startup law resources venture capital financing. It is a form that documents an agreement so that each party ensures fair treatment during the transaction. Indicate the interest at which notes will be paid as well as the dates on which they are due. Instant access to 1900 business and legal forms.
The document template allows for the ease in creation of a complex document. Use our note purchase agreement to reel in investors for the much needed cash to acquire property or other more purpose. Wikis sample convertible note purchase agreement. For more sample templates of note agreement you may continue scrolling down the page to view note purchase agreement subordinated promissory note purchase agreement among others.
Simply fill in the blanks and print in minutes. This purchase agreement and the note may be amended and any term or provision of this purchase agreement and the note may be waived either generally or in a particular instance and either retroactively or prospectively only upon the written consent of the company and the purchaser.