Common Contracts

2 similar null contracts

Simple Agreements for Future Equity
January 28th, 2021
  • Filed
    January 28th, 2021

Since always vi ci, this would imply that inequality (15) is violated. There is therefore an implicit obligation on the company not to issue excess SAFE notes in this way: doing so would render the company unable to meet its explicit obligations to the SAFE holders in the event of an Equity Financing.

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Simple Agreements for Future Equity
February 24th, 2020
  • Filed
    February 24th, 2020

Since always vi ci, this would imply that inequality (15) is violated. There is therefore an implicit obligation on the company not to issue excess SAFE notes in this way: doing so would render the company unable to meet its explicit obligations to the SAFE holders in the event of an Equity Financing.

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