For parties entering a business arrangement, an ideal starting point is the Term Sheet: a brief, non-binding agreement that acts as a precursor to signing a formal contract.
Typically these summarize a transaction and lay out the key principles subject to negotiation. They can be an invaluable tool for your client, getting their deal off to a strong start. However, if poorly drafted, they can become an unwelcome obligation and a waste of time and money.
Avoid problems and learn how to make your client’s Term Sheet work in their favor by downloading “Contracts from the Beginning.”
This ebook offers:
- Term Sheet drafting tips and suggestions,
- Advantages and disadvantages,
- Industry-specific variations, and
- A handy, printable table of dos and don’ts for quick reference.
When drafted carefully and tailored to their unique industry, Term Sheets provide invaluable insight and organization for your client’s transactions. To ensure these help, rather than hurt, review this ebook before starting your next contract…from the beginning.
