<commit_before><?!= data.xml_declaration ?>
<?!= data.xmlRoot() ?>
<?!= include("inc_cover_standard_parties", data, {cover_title:"Term Sheet for "+ (data.investment_stage ? data.investment_stage+ " " : "") + data.security_type+" Investment", disclaimer:true}) ?>
<?!= include("inc_cover_jfdi", data, { }) ?>
<Firstpage_Sidebar>
</Firstpage_Sidebar>

<Story_Main><chapter_header><?= data.investment_stage ? data.investment_stage+ " " : "" ?> Investment Terms &#8211; <?= data.security_type ?></chapter_header>

<para_1 addnewline="true">This term sheet is for discussion purposes only and is not binding on the Company or any prospective Investors. This termsheet is a summary of the basic terms and conditions of a proposed <?= data.security_type ?> <?= data.investment_stage ? data.investment_stage+ " " : "" ?>Financing Round of <?!= include("inc_party", data, data.parties.company[0]) ?> (the "Company"). "SAFE Financing Round" means the financing of the Company up to the Total Financing Amount, based on and/or adapted from SAFEs.
</para_1>

<? var cell_l = '<Cell aid:ccols="1" aid:ccolwidth="114" aid:crows="1" aid:table="cell" aid5:cellstyle="border_none"><cell>';
   var cell_r = '<Cell aid:ccols="1" aid:ccolwidth="240" aid:crows="1" aid:table="cell" aid5:cellstyle="border_none"><cell_fl>';
   var cell_r_addnewline = '<Cell aid:ccols="1" aid:ccolwidth="240" aid:crows="1" aid:table="cell" aid5:cellstyle="border_none"><cell_fl addnewline="true">';
?>

<table_enclosing_para override="keepLinesTogether=false">
<Table aid:table="table" aid:tcols="2" aid:trows="<?= 14 + (data.security_essential=="debt" ? 3 : 0) + (data.has_term ? 1 : 0) ?>" xmlns:aid="http://ns.adobe.com/AdobeInDesign/4.0/">
<?!= cell_l ?>Investment Type</cell></Cell>
<?!= cell_r ?><?= data.security_type_short_singular ?>, i.e. the Simple Agreement for Future Equity financing document(s) released by Y-Combinator ("<?= data.security_type_short_singular ?>"). See: https://www.ycombinator.com/documents </cell_fl></Cell>
<?!= cell_l ?>Issuer</cell></Cell>
<?!= cell_r ?>the Company, i.e. <?= data.company.name ?></cell_fl></Cell>
<?!= cell_l ?>Investor</cell></Cell>
<?!= cell_r ?>Purchasers of the applicable <?= data.security_type_short_plural ?> as offered and accepted by the Company for this <?= data.security_type_short_singular ?> Financing Round</cell_fl></Cell>
<?!= cell_l ?>Total Financing Amount</cell></Cell>
<?!= cell_r ?>Up to <?= data.amount_raising ?> worth of <?= data.security_type_short_plural ?></cell_fl></Cell>
<?!= cell_l ?>Closing(s)</cell></Cell>
<?!= cell_r ?>The Company may close the <?= data.security_type_short_singular ?> Financing Round with one or more Investors on identical terms, <?if (data.high_resolution == true) { ?> except that the Investor, Investment Amount<?= data.variable_terms ? data.variable_terms : "," ?> and Closing Date in each case may differ<?} else { ?>.<? } ?></cell_fl></Cell>
<?!= cell_l ?>Investment Amount</cell></Cell>
<?!= cell_r ?>The amount invested by an Investor for the purchase of such Investor's <?= data.security_type_plural ?> (the "Investment Amount")</cell_fl></Cell>
<? var and_interest_on = "of" ?>
<? if (data.security_essential == "debt") { ?>
<?!= cell_l ?>Interest</cell></Cell>
<?!= cell_r ?><? if (data._orig_interest) { ?>
Interest will accrue on an annual basis at the rate of <?= data.interest ?> per annum based on a 365 day year.<?
and_interest_on = "and unpaid accrued interest on"; } else { ?>
The <?= data.security_type_short_plural ?> shall be interest-free.<? } ?></cell_fl></Cell>
<?!= cell_l ?>Pre-Payment</cell></Cell>
<?!= cell_r ?>The principal <?= and_interest_on ?> the <?= data.security_type_short_plural ?> may not be prepaid unless approved in writing by Investors holding <?=data.security_type_short_plural?> whose aggregate principal amount represents a majority of the outstanding principal amount of all then-outstanding <?=data.security_type_short_plural?> (the "Requisite Holders").</cell_fl></Cell>
<? } ?>
<? if (data.has_term) { ?>
<?!= cell_l ?>Maturity Date</cell></Cell>
<?   if (data.security_essential == "debt") { ?>
<?!= cell_r ?>Principal <?= and_interest_on ?> the <?=data.security_type_short_plural?> will be due and payable <?= data.term ?> from the date of the <?= data.security_type_short_singular ?> Agreement (the "Maturity Date").</cell_fl></Cell>
<?   } else { ?>
<?!= cell_r ?><?= data.term ?> after the date of the <?= data.security_type_short_singular ?> Agreement (the "Maturity Date"), the Investor may opt for <?= data.security_type_operation ?><? if (data._orig_maturity_conversion_discount && parseFloat(data._orig_maturity_conversion_discount) > 0) { ?> at a <?= data.maturity_conversion_discount ?> discount<? } ?>.</cell_fl></Cell>
<?   } ?>
<? } ?>
<? if (data.qualified_financing_proceeds) { ?>
<?!= cell_l ?>Qualified Financing</cell></Cell>
<?!= cell_r ?>The issuing of equity securities, or securities convertible to equity<?if(data.qualified_financing_proceeds){?>, in a transaction or series of related transactions resulting in aggregate gross proceeds to the Company of at least <?= data.qualified_financing_proceeds ?>, excluding conversion of the <?=data.security_type_short_plural?> and any other indebtedness<?}?>.</cell_fl></Cell><commit_msg>punctuation<commit_after><?!= data.xml_declaration ?>
<?!= data.xmlRoot() ?>
<?!= include("inc_cover_standard_parties", data, {cover_title:"Term Sheet for "+ (data.investment_stage ? data.investment_stage+ " " : "") + data.security_type+" Investment", disclaimer:true}) ?>
<?!= include("inc_cover_jfdi", data, { }) ?>
<Firstpage_Sidebar>
</Firstpage_Sidebar>

<Story_Main><chapter_header><?= data.investment_stage ? data.investment_stage+ " " : "" ?> Investment Terms &#8211; <?= data.security_type ?></chapter_header>

<para_1 addnewline="true">This term sheet is for discussion purposes only and is not binding on the Company or any prospective Investors. This termsheet is a summary of the basic terms and conditions of a proposed <?= data.security_type ?> <?= data.investment_stage ? data.investment_stage+ " " : "" ?>Financing Round of <?!= include("inc_party", data, data.parties.company[0]) ?> (the "Company"). "SAFE Financing Round" means the financing of the Company up to the Total Financing Amount, based on and/or adapted from SAFEs.
</para_1>

<? var cell_l = '<Cell aid:ccols="1" aid:ccolwidth="114" aid:crows="1" aid:table="cell" aid5:cellstyle="border_none"><cell>';
   var cell_r = '<Cell aid:ccols="1" aid:ccolwidth="240" aid:crows="1" aid:table="cell" aid5:cellstyle="border_none"><cell_fl>';
   var cell_r_addnewline = '<Cell aid:ccols="1" aid:ccolwidth="240" aid:crows="1" aid:table="cell" aid5:cellstyle="border_none"><cell_fl addnewline="true">';
?>

<table_enclosing_para override="keepLinesTogether=false">
<Table aid:table="table" aid:tcols="2" aid:trows="<?= 14 + (data.security_essential=="debt" ? 3 : 0) + (data.has_term ? 1 : 0) ?>" xmlns:aid="http://ns.adobe.com/AdobeInDesign/4.0/">
<?!= cell_l ?>Investment Type</cell></Cell>
<?!= cell_r ?><?= data.security_type_short_singular ?>, i.e. the Simple Agreement for Future Equity financing document(s) released by Y-Combinator ("<?= data.security_type_short_singular ?>"). See: https://www.ycombinator.com/documents </cell_fl></Cell>
<?!= cell_l ?>Issuer</cell></Cell>
<?!= cell_r ?>the Company, i.e. <?= data.company.name ?></cell_fl></Cell>
<?!= cell_l ?>Investor</cell></Cell>
<?!= cell_r ?>Purchasers of the applicable <?= data.security_type_short_plural ?> as offered and accepted by the Company for this <?= data.security_type_short_singular ?> Financing Round.</cell_fl></Cell>
<?!= cell_l ?>Total Financing Amount</cell></Cell>
<?!= cell_r ?>Up to <?= data.amount_raising ?> worth of <?= data.security_type_short_plural ?>.</cell_fl></Cell>
<?!= cell_l ?>Closing(s)</cell></Cell>
<?!= cell_r ?>The Company may close the <?= data.security_type_short_singular ?> Financing Round with one or more Investors on identical terms<?if (data.high_resolution == true) { ?>, except that the Investor, Investment Amount<?= data.variable_terms ? data.variable_terms : "," ?> and Closing Date in each case may differ.<?} else { ?>.<? } ?></cell_fl></Cell>
<?!= cell_l ?>Investment Amount</cell></Cell>
<?!= cell_r ?>The amount invested by an Investor for the purchase of such Investor's <?= data.security_type_plural ?> (the "Investment Amount")</cell_fl></Cell>
<? var and_interest_on = "of" ?>
<? if (data.security_essential == "debt") { ?>
<?!= cell_l ?>Interest</cell></Cell>
<?!= cell_r ?><? if (data._orig_interest) { ?>
Interest will accrue on an annual basis at the rate of <?= data.interest ?> per annum based on a 365 day year.<?
and_interest_on = "and unpaid accrued interest on"; } else { ?>
The <?= data.security_type_short_plural ?> shall be interest-free.<? } ?></cell_fl></Cell>
<?!= cell_l ?>Pre-Payment</cell></Cell>
<?!= cell_r ?>The principal <?= and_interest_on ?> the <?= data.security_type_short_plural ?> may not be prepaid unless approved in writing by Investors holding <?=data.security_type_short_plural?> whose aggregate principal amount represents a majority of the outstanding principal amount of all then-outstanding <?=data.security_type_short_plural?> (the "Requisite Holders").</cell_fl></Cell>
<? } ?>
<? if (data.has_term) { ?>
<?!= cell_l ?>Maturity Date</cell></Cell>
<?   if (data.security_essential == "debt") { ?>
<?!= cell_r ?>Principal <?= and_interest_on ?> the <?=data.security_type_short_plural?> will be due and payable <?= data.term ?> from the date of the <?= data.security_type_short_singular ?> Agreement (the "Maturity Date").</cell_fl></Cell>
<?   } else { ?>
<?!= cell_r ?><?= data.term ?> after the date of the <?= data.security_type_short_singular ?> Agreement (the "Maturity Date"), the Investor may opt for <?= data.security_type_operation ?><? if (data._orig_maturity_conversion_discount && parseFloat(data._orig_maturity_conversion_discount) > 0) { ?> at a <?= data.maturity_conversion_discount ?> discount<? } ?>.</cell_fl></Cell>
<?   } ?>
<? } ?>
<? if (data.qualified_financing_proceeds) { ?>
<?!= cell_l ?>Qualified Financing</cell></Cell>
<?!= cell_r ?>The issuing of equity securities, or securities convertible to equity<?if(data.qualified_financing_proceeds){?>, in a transaction or series of related transactions resulting in aggregate gross proceeds to the Company of at least <?= data.qualified_financing_proceeds ?>, excluding conversion of the <?=data.security_type_short_plural?> and any other indebtedness<?}?>.</cell_fl></Cell>
{'fraction_non_alphanumeric': 0.17405722948645064, 'fraction_numerical': 0.007201061209020277, 'mean_word_length': 6.12694125590817, 'pattern_counts': {'":': 0, '<': 271, '<?xml version=': 0, '>': 273, 'https://': 2, 'lorem ipsum': 0, 'www.': 2, 'xml': 6}, 'pii_count': 0, 'substrings_counts': 0, 'word_list_counts': {'cursed_substrings.json': 0, 'profanity_word_list.json': 0, 'sexual_word_list.json': 0, 'zh_pornsignals.json': 0}}
{'dir': 'git-commits-cleaned', 'id': '4032143', 'n_tokens_mistral': 3460, 'n_tokens_neox': 3322, 'n_words': 872}