标准风险投资合同协议书中英对照范本模板

1、编号:标准风险投资协议书甲方:乙方:签订日期：年 M 日一、根本情况 Foundmental Information公司A系优先股融资 条款清单, 200TERM SHEETFOR SERIES A PREFERRED STOCK FINANCING OFINSERT COMPANY NAME, INC., 200_本条款清单概括了 公司,一家公司(公司)A系优先股融资的主要条款.考虑 到涉及此项投资的投资人已投入和将投入的时间和本钱,无论此次融资是否完成,本条款清单之限制出售/保密条款、律师及费用条款对公司都具有强制约束力.未经各方一致签署并交付的最终协议,本条款清单之其他条款不具有强制约束

2、力.本条款清单并非投资人进行投资的承诺,其生效以完成令投资人满意的尽职调查、法律审查和文件签署为条件.本条款清单各方面受法律管辖.This Term Sheet summarizes the principal terms of the Series A Preferred Stock Financing of , Inc., a corporation (theIn Compdeyitic)n of the time andexpense devoted and to be devoted by the Investors with respect to this investment, t

3、he No Shop/Confidentiality and Counsel and Expenses provisions of this Term Sheet shall be binding obligations of the Company whether or not the financing is consummated. No other legally binding obligations will be created until definitive agreements are executed and delivered by all parties. This

4、Term Sheet is not a commitment to invest, and is conditioned on the completion of due diligence, legal review and documentation that is satisfactory to the Investors. This Term Sheet shall be governed in all respects by the laws of the .出资条款：Offering Terms交割日：当公司接受此条款清单且交割条件完备时即尽快交割 交割.假设需要屡次交割,请与此写

5、明.Closing Date: As soon as practicable following the Company' s acceptance of this Term Sheet andsatisfaction of the Conditions to Closing thepro ViodMingulfipl货 closings if applicable投资人：投资人 1： 股% , $投资人 2: 股% , $以及投资人和公司一致同意的其他投资人Investors: Investor No. 1: shares _%, $Investor No. 2: shares %,

6、 $as well other investors mutually agreed upon by Investors and the Company融资金额：Modify this provision to account for staged investments or investments dependent on the achievementof milestones by the Company该句是对融资金额的解释的备注,如果不需要请删掉$,含由过渡贷款转换的本金及利息$1Amount Raised:$, including $ from the conversion of

7、principal andinterest on bridge notes.每股价格：$ 每股 以下文所列公司资本结构表为依据原始购置价Price Per Share:$ per share based on the capitalization of the Company set forth belowthe " Original Purchase Price ".融资前估价：原始购置价以充分稀释融资前估价$和融资后估价$为根底计算(含充分稀释的融资后资本中员工股预留%)Pre-Money Valuation:The Original Purchase Price is

8、 based upon a fully-diluted pre-money valuation of $ and a fully diluted post-money valuation of $ (including an employee pool representing % of the fully diluted post-money capitalization).资本结构表：交割前后公司资本结构表请见附件一.Capitalization: The Company ' s capital structure before and after the Closing is s

9、et forth as Exhibit A.二、公司章程CHARTER股息分配：可选方案1:当普通股分配股息时,A系优先股按视为转换成普通股参与分配可选方案2:经董事会宣布,A系优先股以每股$分配非累积性股息可选方案3: A系优先股按年利率%分配累积性股息按年度计算复利,于公司清算或赎回股份时可分配.其他股息或分红,按视为转换成普通股参与普通股分配.3Dividends:Alternative 1: Dividends will be paid on the Series A Preferred on an as converted basis when, as, and if paid on

10、 the Common StockAlternative 2: Non-cumulative dividends will be paid on the Series A Preferred in an amount equal to $ per share of Series A Preferred when and if declared by the Board.Alternative 3: The Series A Preferred will carry an annual % cumulative dividend compounded annually, payable upon

11、 a liquidation or redemption. For any other dividends or distributions, participation with Common Stock on an as-converted basis.清算优先受偿权：公司如因任何原因清算、解散或停业清理过程,公司收益将作如下分配：可选方案1 优先股不参与分配：首先,每股A系优先股按一倍原始购置价加累计股息加已 宣布但未付股息分配.其余分配2普通股股东可选方案2优先股充分参与分配：首先,每股A系优先股按一倍原始购置价加累计股息加 已宣布未付股息分配.然后优先股按视为转换成普通股参与普通股分

12、配可选方案3优先股限制参与分配：首先,每股A系优先股按一倍原始购置价加累计股息加 已宣布未付股息分配.然后优先股按视为转换成普通股参与普通股分配,直至 A系优先股股 东获得总计倍于原始购置价的分配公司的兼并或合并公司原股东拥有存续公司或收购公司的发行在外股票过半数表决权的情形除 外,以及公司出售、租赁、转让或以其他方式处置公司全部或大局部资产的行为,应当视为公司清算事项视为清算事项,并导致上述清算优先权得以产生除非%的A系优先股股东投票反对这种处理.Liquidation Preference:In the event of any liquidation, dissolution or wi

13、nding up of the Company, the proceeds shall be paid as follows:Alternative 1 non-participating Preferred Stock:First pay one times the Original Purchase Priceplus accrued dividends plus declared and unpaid dividends on each share of Series A Preferred. The balance of any proceeds shall be distribute

14、d to holders of Common Stock.Alternative 2 full participating Preferred Stock:First pay one times the Original Purchase Priceplus accrued dividends plus declared and unpaid dividends on each share of Series A Preferred. Thereafter, the Series A Preferred participates with the Common Stock on an as-c

15、onverted basis. Alternative 3 cap on Preferred Stock participation rights:First pay one times the OriginalPurchase Price plus accrued dividends plus declared and unpaid dividends on each share of Series A Preferred. Thereafter, Series A Preferred participates with Common Stock on an as-converted bas

16、is until the holders of Series A Preferred receive an aggregate of times the Original Purchase Price.A merger or consolidation other than one in which stockholders of the Company own a majority by voting power of the outstanding shares of the surviving or acquiring corporation and a sale, lease, tra

17、nsfer or other disposition of all or substantially all of the assets of the Company will be treated as aliquidation event (aDeemed Liquidation Event),thereby triggering payment of the liquidationpreferences described above unless the holders of % of the Series A Preferred elect otherwise.表决权：除以下情形外,

18、A系优先股股东在视为转换成普通股的根底上与普通股股东一起表决,而不能作为独立表决团体：(i) A系优先股股东作为一个团体有权选举名董事会成员(A系董事)；(ii)出现如下文所示保护性条款之情况；(iii )法律另有的其他规定.公司章程应当规定,经优先股和普通股股东多数同意,并作为一个表决团体集体表决(不经普通股股东单独表决),公司可以增加或减少授权发行的股票数量4.Voting Rights: The Series A Preferred Stock shall vote together with the Common Stock on anas-converted basis, and n

19、ot as a separate class, except (i) the Series A Preferred as a class shall beentitled to elect (_) members of the Board (the“ Series A Directors " ), (ii) as providedunder " Protective Provisions " below or (iii) as required by law.The Company ' s Certificate of Incorporation will

20、 provide that the number of authorized shares ofCommon Stock may be increased or decreased with the approval of a majority of the Preferred andCommon Stock, voting together as a single class, and without a separate class vote by the Common Stock.保护性条款：只要有写明固定数量、百分比或任何A系优先股仍发行在外,未经至少%A系优先股股东书面同意,公司不得

21、直接或变相进行兼并、合并或以下其他业务：(i)清算、解散或停业清理,或进行任何视为清算事项；(ii)以不利于A系优先股股东的方式修改、变更或撤销公司章程或细那么中的任何条款5(iii )创设、授权创设或发行可转换或可行使拥有优于或同等于A系优先股之权利、优待或特权的公司证券,或增加发行A系优先股授权数量；(iv)优于A系优先股,对任何股份予以收购、赎回或分配股息.由于前员工的雇佣(或参谋的服务)关系的终止,以低于公平市场价回购其股份的除外由董事会(含位A系董事)同意的除外;(v)发行或授权发行任何公司债券假设公司总计负债因此超过$设备租赁或银行信用额度除外无股权特征的负债除外此类债券获得董事会

22、(含 位A系董事)事先同意的除外;(vi)增加或减少董事会成员人数.Protective Provisions:So long as insert fixed number, or %, or“ any" shares of Series A Preferred are outstanding, theCompany will not, without the written consent of the holders of at least % of the Company ' s Series A Preferred, either directly or by ame

23、ndment, merger, consolidation, or otherwise:(i) liquidate, dissolve or wind up the affairs of the Company, or effect any Deemed Liquidation Event;(ii) amend, alter, or repeal any provision of the Certificate of Incorporation or Bylaws in a manner adverse to the Series A Preferred;(iii) create or aut

24、horize the creation of or issue any other security convertible into or exercisable for any equity security, having rights, preferences or privileges senior to or on parity with the Series A Preferred, or increase the authorized number of shares of Series A Preferred;(iv) purchase or redeem or pay an

25、y dividend on any capital stock prior to the Series A Preferred, other than stock repurchased from former employees or consultants in connection with the cessation of their employment/services, at the lower of fair market value or cost; other than as approved by the Board, including the approval of

26、Series A Director(s);or (v) create or au thorize the creation of any debt security if the Company' s aggregate indebtednesswould exceed $other than equipment leases or bank lines of creditother than debt with no equity featureunless such debt security has received the prior approval of the Board

27、 of Directors, including the approval of Series A Director(s);(vi) increase or decrease the size of the Board of Directors.可选择转换： A系优先股股东有权将其拥有每一A系优先股随时转换为普通股,每一 A系优先股可转换为普通股的数量为原始购置价除以转换时的A系优先股转换价(定义如下).最初的A系优先股转换价应当原始购置价A系优先股转换价应当根据普通股的配股、股票分割、股票合并等类似事项,以及如下反稀释条款所述内容进行调整.Optional Conversion:Each s

28、hare of the Series A Preferred shall be convertible, at the option of theholder thereof, at any time, into such number of shares of Common Stock as is determined by dividing the Series A Original Purchase Price by Series A Preferred Conversion Price (as defined below) ineffect at the time of convers

29、ion. The “ Series A PreferreConversion Price “ shall initially be equal to$(the Series A Original Purchase Price). Such initial Series A Conversion price is subject to adjustments for stock dividends, splits, combinations and similar events and as described below under“Antidilution Provisions. 反稀释条款

30、：假设公司以低于现行A系优先股转换价的价格发行新的股票,该转换价格应按以下公式调整：Anti-dilution Provisions: In the event that the Company issues additional securities at a purchase price less than the current Series A Preferred Conversion Price, such conversion price shall be adjusted in accordance with the following formula:可选方案1典型加权平均数：

31、P2=CP1*(A+B)/(A+C)CP2=新A系优先股转换价CP1 =新股发行前实际 A系优先股转换价A=新股发行前视为已发行的普通股数量(含所有已发行的普通股,所有视为已转换的已发行优先股,以及所有已发行的可行使期权；不含转入此轮融资的任何可转换证券)B=公司此次发行预计融资总额除以CP1C=本次交易中股票发行数量Alternative 1:" Typical “ weighted average:CP2 = CP1 * (A+B) / (A+C)CP2 = New Series A Conversion PriceCP1 =Series A Conversion Price i

32、n effect immediately prior to new issueA =Number of shares of Common Stock deemed to be outstanding immediately prior to newissue (includes all shares of outstanding common stock, all shares of outstanding preferred stock on anas-converted basis, and all outstanding options on an as-exercised basis;

33、 and does not include any convertible securities converting into this round of financing)B = Aggregate consideration received by the Corporation with respect to the new issue dividedby CP1C = Number of shares of stock issued in the subject transaction可选方案2：完全棘轮方案 一转换价降到与新发行价一致Alternative 2: Full-rat

34、chet the Series A Preferred Conversion Price will be reduced to the price at which the new shares are issued.可选方案3：无基于价风格整的反稀释举措Alternative 3: No price-based anti-dilution protection.以下发行不导致反稀释调整：(i)可发行证券是基于任何A系优先股转换后产生,或作为 A系优先股的股息或分红；(ii)可发行证券是基于任何信用债券,认股权证,期权或其它可转换证券转换后产生；(iii)可发行普通股是基于股票分割,配股,或任

35、何普通股的细分而产生；(iv)普通股(或认购该类普通股的期权)发行或可发行给公司的员工、董事、参谋,是基于公司董事会董事(含至少名A系董事)同意的任何股权方案而产生的；(v)普通股发行或可发行给银行,设备出租人,是基于公司董事会董事(含至少名A系董事)同意的债务融资,设备租赁或不动产租赁交易而产生的.The following issuances shall not trigger anti-dilution adjustment:(i) securities issuable upon conversion of any of the Series A Preferred, or as a

36、dividend or distributionon the Series A Preferred;(ii) securities issued upon the conversion of any debenture, warrant, option, or other convertible security;(iii) Common Stock issuable upon a stock split, stock dividend, or any subdivision of shares of Common Stock;and (iv) shares of Common Stock (

37、or options to purchase such shares of Common Stock) issued or issuable to employees or directors of, or consultants to, the Company pursuant to any plan approved by the Company ' s Board of Directors including at least Series A Director(s)(v) shares of Common Stock issued or issuable to banks, e

38、quipment lessors pursuant to a debtfinancing, equipment leasing or real property leasing transaction approved by the Board of Directors ofthe Corporation , including at least Series A Director(s).强制性转换：假设(i)公开发行价格高于倍原始购置价承销所有股票,且公司所取得的净/总收入不低于$ _(合格公开发行QPO")或(ii)经%A系优先股股东书面同意,在具有包销承诺的有保荐人的公开发行交

39、割时,每股A系优先股将自动以当时适当的转换率转换为普通股.(适用普通股股息,分割,合并及类似调整业务)Mandatory Conversion: Each share of Series A Preferred will automatically be converted intoCommon Stock at the then applicable Series A Preferred Conversion Price in the event of the closing ofa firm commitment underwritten public offering with a pr

40、ice of times the Original PurchasePrice (subject to adjustments for stock dividends, splits, combinations and similar events) andnet/gross proceeds to the Company of not less than $ (a" QPO ), or (ii) upon the writtenconsent of the holders of % of the Series A Preferred.出资人参与交易：除非董事会决定含多数A系董事投票

41、决定允许主要投资人放弃参与权,在之后的公司再融资交易中,所有主要投资人都必须充分行使其参与权(如下文 投资人权利协议一按比例参与未来交易所述)除非%A系优先股股东投票同意不按此方案处理,否那么任何未行使上述参与权 A系优先股8的主要投资人所持有的全部A系优先股都将丧失反稀释权利丧失未来交易参与权如果可适用,转换为普通股并丧失董事席位9.Pay-to-Play:Unless the holders of % of the Series A elect otherwise, on any subsequent down round allMajor Investors are required t

42、o participate to the full extent of their participation rights (as describedbelow under a Investor Rights AgreemenRight to Participate Pro Rata in Fut ure Rounds " ), unless the participation requirement is waived for all Major Investors by the Board (including vote of amajority of the Series A

43、 Directors). All shares of Series A Preferred of any Major Investor failing to do so will automatically lose anti-dilution rights lose right to participate in future rounds convert to Common Stock and lose the right to a Board seat if applicable.赎回权10:交割后第五年开始,经至少一%的A系优先股股东选择,A系优先股股东可以要求公司以可合法分配资金以原

44、始购置价加所有累积未付股息赎回其所持有的 A系优先股.赎回将在三年内分阶段等额完成.如符合规定比例的A系优先股股东提出赎回请求,其他所有A系优先股都将被可赎回除明确选择放弃上述权利的A系优先股股东外Redemption Rights: The Series A Preferred shall be redeemable from funds legally available for distribution at the option of holders of at least % of the Series A Preferred commencing any time after th

45、e fifth anniversary of the Closing at a price equal to the Original Purchase Price plus all accrued but unpaid dividends. Redemption shall occur in three equal annual portions. Upon a redemption request from the holders of the required percentage of the Series A Preferred, all Series A Preferred sha

46、res shall be redeemed (except for any Series A holders who affirmatively opt-out).股份买卖协议书Stock Purchase Agreement陈述与保证：公司提供标准的陈述与保证 由公司创始人对技术所有权等提供陈述与保证.Representations and Warranties: Standard representations and warranties by the Company.Representations and warranties by Founders regarding technol

47、ogy ownership, etc.完成交割的条件：完成交割的标准条件,包括 ：完成相应的财务和法律的尽职调查,股票的发行符合州证券法(Blue Sky laws)的规定,赋予了 A系优先股权利和优待的公司章程的进行了登记备 案,以及公司律师出具了法院意见函等事项.Conditions to Closing:Standard conditions to Closing, which shall include, among other things,satisfactory completion of financial and legal due diligence, qualificat

48、ion of the shares under applicable Blue Sky laws, the filing of a Certificate of Incorporation establishing the rights and preferences of the Series A Preferred, and an opinion of counsel to the Company.律师及费用：投资人/公司的律师起草交割文件.公司在交割时,应当支付因融资产生的所有法律和行政花费,包括合理专业效劳费用投资人律师费由公司承担局部不得超过$ 和其他费用由于投资人无故撤销其承诺而使

49、得交易未完成的除外.Counsel and Expenses: Investor/Company counsel to draft closing documents. Company to payall legal and administrative costs of the financing at Closing, including reasonable fees not to exceed$and expenses of Investor counsel, unless the transaction is not completed because theInvestors wi

50、thdraw their commitment without cause.公司律师：Company Counsel: 投资人律师:Investor Counsel: 三、投资人权利协议INVESTOR RIGHTS AGREEMENT登记权：Registration Rights:可登记证券： 由A系优化股转换后可发行的普通股的全部股权和投资人持有的其他普通股将被视为可登记证券Registrable Securities: All shares of Common Stock issuable upon conversion of the Series APreferred and any

51、other Com mon Stock held by the Investors will be deemed“ RegistrableSecurities. 请求登记权：最早在i交割后3-5年；或ii首次发行新股“IPO后的6个月的内,持有%的可登记证券者可要求其持有股份的公司进行一北二次完备的注册登记.每次登记的发行总额不可少于五百万至一千万美元.Demand Registration:Upon earliest of (i) three-five years after the Closing; or (ii) six monthsfollowing an initial public

52、 offering ("IPO" ), persons holding % of the Registrable Securities mayrequest onetwo (consummated) registrations by the Company of their shares. The aggregate offering price for such registration may not be less than $5-10 million.S-3表格式登记权：如果公司可进行S-3表格式登记,且可登记证券的发行总额至少为1-5百万美元,那么持有10-30%

53、的可登记证券者有权要求公司以S-3表格式进行登记.Registration on Form S-3: The holders of 10-30% of the Registrable Securities will have the right torequire the Company to register on Form S-3, if available for use by the Company, RegistrableSecurities for an aggregate offering price of at least $1-5 million.附带登记权：可登记证券持有人

54、具有在公司证券注册登记表之上的附带登记权,但该项权利受限于于公司及其承销人的如下权利：公司及其承销人有权将预计登记出售的股票份额在各预计出售人将按比例减少至最低为30%比例.但是只有在其他股东所持股份减少之后,可登记证券持有人所要登记的股份才能减少.Piggyback Registration: The holders of Registrable Securities will be entitled to“ piggybackregistration rights on all registration statements of the Company, subject to the r

55、ight, however, of theCompany and its underwriters to reduce the number of shares proposed to be registered to a minimumof 30% on a pro rata basis. In all events, the shares to be registered by holders of Registrable Securities will be reduced only after all other stockholders' shares are reduced

56、.费用：所有登记费用(包括股份转让税,承销折扣和代理费用)由公司承担.公司同时应支付一位代表全体参与股东的律师的费用不超过$以及其他合理费用.Expenses: The registration expenses (exclusive of stock transfer taxes, underwriting discounts and commissions will be borne by the Company. The Company will also pay the reasonable fees and expenses, not to exceed $, of one special counsel to represent all the participating stockholders.股权锁定：在首次发彳f新股IPO时,假设经首席承销人要求,投资人应当同意,在首次发行新股(IPO)后的180天内不出售或转让公司的任何普通股股份不包括在首次发行新股(IPO)期间或其后买入的股份)(条件是,公司的所有董事,主管以及1-5%的股东也同意受同一股权锁定协议约束).此股权锁定协议一经达成,即说明,对于公司或承销人代表制定的此协议的限制条款作出任何放 弃或