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The MENA Series A Term Sheet

This Term Sheet has been prepared, and endorsed, by various venture capital firms and law firms in the Middle East for use by startups and venture capital firms and investors in equity financing rounds to provide a balanced and fair draft of the terms and conditions.

Clara Formations Illustration of colleagues discussing
Clara Formations Illustration of colleagues discussing

The MENA Series A Term Sheet

This Term Sheet has been prepared, and endorsed, by various venture capital firms and law firms in the Middle East for use by startups and venture capital firms and investors in equity financing rounds to provide a balanced and fair draft of the terms and conditions.

How to use this Term Sheet

This Term Sheet reflects typical and customary market positions in the Middle East for transactions of this nature but every financing should be considered on its own merits and this Term Sheet should not be taken as definitive legal or financial advice. Certain provisions may or may not apply or be relevant for a particular financing and additional provisions may be appropriate in certain circumstances. It is strongly recommended that both startups and investors seek professional advice in connection with any transaction contemplated by this Term Sheet.

Please also note that this Term Sheet has been developed for use in common law jurisdictions, such as Abu Dhabi Global Market, the Dubai International Financial Centre, the Cayman Islands, BVI and Singapore, among others. If the investee company is domiciled in Delaware, the parties may consider using the NVCA form of documents (tailored for the region).

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MENA Series A Term Sheet

The MENA Series A Term Sheet

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