JOINT VENTURE TERM SHEET
Summary of key terms for negotiation · NON-BINDING
| Party A (GP) | |
|---|---|
| Party B (LP) | |
| Project | · completed |
| Structure | · GP % / LP % |
Capital Contribution
| Sponsor (GP) | |
|---|---|
| Investor (LP) |
Economics / Waterfall
- Return of Capital to LP + Preferred Return ()
- Return of Capital to GP + Preferred Return
- Catch-up:
- Remaining Profits:
Management Fee:
Governance
Board:
Reserved Matters (Supermajority):
Transfer, Exit and Disputes
Exit:
Dispute Resolution:
Conditions Precedent
This term sheet is non-binding, except for the provisions on confidentiality, costs and exclusivity (if any). All terms are subject to the definitive shareholders' agreement.
Party A
Party B