Merger And Acquisition Term Sheet Template

Neither a term sheet nor a letter of intent is binding.

Merger and acquisition term sheet template. The purpose of this term sheet is to. Both term sheets and letters of intent provide an overview of the significant terms that will be included in the final deal between the buyer and the seller for the purchase sale or merger of the company. A term sheet is a mostly non binding document signed by the target and the prospective buyer that describes the major terms of the proposed acquisition. Purpose of a term sheet or letter of intent. Merger and acquisition term sheet template download.

Download this free form template and have a priori legal m a attorney customize it for your business. Term sheet private equity acquisition of company this term sheet the term sheet is intended to describe the general terms and conditions of a proposed acquisition of xyz company a company organized under the laws of xyz and certain of its affiliates by abc a. An m a deal term sheet sample will look more informal than a loi. A term sheet is a document exchanged by the parties to the deal that contains the important terms and conditions of the deal. The document is prepared and arranged before the commencement of the due diligence process.

While most term sheets are non binding they often contain binding provisions regarding non soliciation exculsivity and confidentiality. This sample term sheet sets out illustrative terms for an acquisition of a business. The sample term sheet can be adapted for situations involving a stock purchase asset purchase or purchase of a segment business line or subsidiary of a larger business. Accordingly the parties understand and agree that unless and until a definitive agreement the merger agreement has been executed by name of. However both hold the same meaning and are typically the first step in any serious m a discussion.

Preliminary term sheet this preliminary term sheet this term sheet is an expression of interest only and is not meant to be binding on the parties now or in the future. The term sheet loi or mou can be used for mergers acquisitions and joint ventures also commonly referred to as business sale business purchase and business alliance. The document is a summary of the main points of the deal and resolves any differences before executing the legal agreements. Subject to the terms and provisions of this term sheet the parties agree to negotiate in good faith toward the execution of definitive transaction agreements including without limitation employment agreements for all appropriate parties and a merger agreement the merger agreement setting forth the terms and conditions of the transactions contemplated by.