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Model Term Sheet

July 18, 2011 /

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Welcome to MEDA: Leadership Dedicated to Building Montana's Economy

Model Term Sheet for Alliance of Angels

This model term sheet, by Dan Rosen, CEO Dan Rosen & Associates, is for use by Alliance of Angels
members as a starting point in negotiating seed stage deals.

The AoA lead investor is noted as <> in the document. Each party in such deals should seek appropriate legal counsel. Except for
the sections titled "Exclusivity" and "Confidentiality," this term sheet does not create a legally binding
obligation on any person or entity.

Full Sheet: http://www.drosenassoc.com/Model%20Term%20Sheet%20for%20Alliance%20of%20Angels%20-%20final.pdf

(Many thanks to Bill Payne for bringing this to our attention)

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