QF Share definition
QF Share means a Share in the class of Shares issued in connection with the Qualifying Financing having the most favourable terms provided that, in the event of a dispute or controversy regarding the class of Shares which constitutes QF Shares, the QF Shares will be Shares in such class of Shares nominated by the Investor; Qualifying Financing means a bona fide equity fundraising event or series of related events by the Company for the principal purposes of raising capital through the issue of Shares[: that raises not less than $[ ] (excluding consideration received from the conversion of any SAFEs or similar convertible securities)); or that the Company and the Investor agree should be a Qualifying Financing];11 SAFE means an instrument containing a future right to Shares, similar in form and content to this agreement, purchased by investors for the purpose of funding the Company’s business operations;
QF Share means a Share in the class of Shares issued in connection with the Qualifying Financing; Qualifying Financing means an arm’s length bona fide equity fundraising event or series of events by the Company for the principal purposes of raising capital through the issue of QF Shares; SAFE means an instrument containing a future right to Shares, similar in form and content to this agreement, purchased by investors for the purpose of funding the Company’s business operations; Shareholders Agreement means any agreement between the Company and all of its shareholders relating to the affairs and management of the Company as amended from time to time; Shares means shares in the capital of the Company and includes Ordinary Shares and QF Shares; Termination Date means the date on which this agreement terminates in accordance with clause 7; and Valuation Cap has the meaning given in the Key Terms.