This sample Term Sheet, Series B Preferred Stock summarizes the principal terms with respect to a proposed sale of Series B Preferred Stock. It is intended as a basis for further discussions and is not intended to be legally binding except in limited respects. This sample Term Sheet is for use in a second or third round financing with a venture capital group or private equity fund in the United States where investment terms are usually more extensive but is not intended for use with a friends and family offering or angel investor financing where investment terms usually are not as complex.
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Term Sheet, Series B Preferred Stock