StandardTermSheet–convertiblepreferredstock：标准术语表–可转换优先股.docVIP

Standard Term Sheet – convertible preferred stock ：标准术语表–可转换优先股 SUMMARY OF TERMS FOR THE SERIES A PREFERRED FINANCING OF _____________ __________, 20___ This Summary of Terms (this “Summary of Terms”) sets forth the principal terms ?proposed by the Grand Angels (“Grand Angels”) for the purchase of Series A Preferred Stock of _________________, a __________ corporation to be formed by ________________ a Michigan limited liability company (the “Company”). GENERAL: Type of Security: Series A Convertible Preferred Stock, $0.001 par value per share (the “Series A Preferred”), initially conv