Sunday, February 22, 2009

Develop a Terms Sheet

A Terms Sheet is one of the final documents that will be developed by parties in a corporate transaction - be that capital raising or other deal.

Beyond the Information Memorandum the Terms Sheet summarises the co factors that will make up the deal.

It becomes a focal point of negotiation, and as such also becomes a simple document to instruct lawyers with. If drafted correctly the Terms Sheet will expand into the full legal contract.

For the very organised, the development and presentation of a Terms Sheet is a high credibility tool to gain the attention of the counter party and lead the deal to a conclusion (hopefully positive one).