Term Sheets & Case Studies

Term Sheets

Notice – We are currently revising the content and layout of this section – it will be updated soon

These term sheets, like other impactterms.org content, are intended to help inform investors and entrepreneurs. It is not legal advice, and none of the content should be used verbatim or in any way without help from a lawyer. Our goal is to be comprehensive, so not all of the innovations we document are useful, and no innovation is always appropriate. You assume responsibility for the consequences of using documents or information found on our website.

Contingent Payment Instruments

• Variable Dividend Redeemable Preferred Stock (the “Demand Dividend”)
• Loan (Promissory Note) Financing from a Foundation with Impact-triggered Default
• Redeemable Equity (redemption obligation)
• Royalty Payment Convertible Note
• Performance Aligned Stock
• Founders First Revenue Loan Term Sheet
• IndieVC (Revenue based with redemption agreement)
• Earnest Capital (Shared Earnings Agreement)
• Bigfoot Capital (Cash Receipts Sharing Financing)

Other Term Sheets

• Charitably Term Sheet – Investment In a Fund From US Foundation
• Recoverable Grant Agreement

Terms

• Collective Investment Vehicles
  • Carried Interest by Verified Impact Calculations
• Impact Measurement
  • Program to Measure Impact Example 1
  • Program to Measure Impact Example 1
  • Impact Certifications
• Reporting Requirements
  • Impact Reporting Requirement Example 1
  • Impact Reporting Requirement Example 2
• Information Rights
  • Information Rights Example 1
  • Information Rights Example 2
• Steward Ownership
  • Steward Ownership Series A

Case Studies

• Steward Ownership
  • Organically Grown Company (USA)
• Development Impact Bond
  • Educate Girls (India)
• Traditional Exits for Social Enterprises
  • 4 Off-grid Solar Companies (Sub-Saharan Africa)
• Recoverable Grant
  • Case Study – Recoverable Grant for Biotech Company