POST-TERM SHEET

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I. Introduction

The purpose of this Post-Term Sheet is to formalize and document the terms and conditions agreed upon after the initial term sheet negotiations between [Your Company Name] and [Counterparty Name]. This document elaborates on specific details and clarifications regarding the terms discussed in the initial term sheet, providing a comprehensive record of the finalized agreement.

II. Parties Involved

The parties involved in this agreement are as follows:

• [Your Company Name]:

• Represented by [Your Name], [Your Position]
  

• [Counterparty Name]:

• Represented by [Counterparty Representative Name], [Counterparty Position]

III. Details of Agreement

1. Transaction Details

   • Transaction Type: Equity Investment

   • Transaction Amount: $5,000,000

   • Payment Schedule: Initial payment of $2,500,000 on January 15, 2050, and the remaining $2,500,000 on April 30, 2050. This payment schedule ensures a balanced cash flow for both parties.
     

2. Rights and Responsibilities

   • Rights Granted: [Your Company Name] will have voting rights on major decisions, ensuring a voice in strategic directions.
     

   • Responsibilities: [Counterparty Name] agrees to provide quarterly financial reports, promoting transparency and accountability in the partnership.
     

3. Term Extension

   • Term Extension Option: Yes, subject to mutual agreement and satisfactory performance review. This provision allows for flexibility in extending the partnership based on performance metrics and consensus between the parties.

IV. Financial Terms

1. Payment Terms

   • Payment Method: Wire transfer for convenience and efficiency in fund transfer.
     

   • Payment Schedule: Quarterly installments to align with financial reporting periods and budget planning.
     

   • Late Payment Penalties: 1% of the outstanding amount per month, encouraging timely payments and adherence to the agreed-upon schedule.
     

2. Financial Guarantees

   • Guarantees Provided: Performance guarantee to ensure that [Counterparty Name] meets agreed-upon milestones and deliverables.
     

   • Conditions for Guarantees: Activation of guarantees in case of failure to meet performance targets, safeguarding the interests of [Your Company Name].

V. Confidentiality and Non-Disclosure

• Definition of Confidential Information: Any information disclosed during business meetings, including financial data, intellectual property, and strategic plans.
  

• Non-Disclosure Obligations: Both parties agree not to disclose confidential information to third parties without prior written consent, maintaining confidentiality and trust.
  

1. Exceptions

   • Permitted Disclosures: Disclosure required by law or regulatory authorities, with prompt notification to the other party.
     

   • Confidentiality Period: Confidentiality obligations last for 5 years after termination of the agreement, ensuring long-term protection of sensitive information.

VI. Dispute Resolution

1. Dispute Resolution Mechanism

   • Dispute Resolution Process: Negotiation, followed by mediation if necessary, and then arbitration as a final resort, promoting amicable resolution of disputes.
     

   • Mediation: To be conducted by a neutral third party to facilitate constructive dialogue and problem-solving.
     

2. Governing Law

   • Jurisdiction: [Jurisdiction] chosen for its robust legal framework and expertise in handling commercial disputes.
     

   • Applicable Law: [Laws] govern this agreement, ensuring consistency and clarity in legal interpretations.

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