Funding Term Sheet Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Funding Term Sheet

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Funding Term Sheet

"I need a Funding Term Sheet for a Series A investment round of SGD 5 million into my Singapore-based AI startup, with specific provisions for board seats and anti-dilution protection, to be completed before March 2025."

Document background
The Funding Term Sheet is a crucial document in Singapore's investment landscape, typically used during the preliminary stages of investment negotiations. It serves as a roadmap for the eventual detailed investment agreements and helps parties align on key commercial terms before incurring significant legal costs. Under Singapore's legal framework, while most terms in a term sheet are non-binding, they set important precedents for the final documentation. This document typically includes valuation, investment amount, share rights, governance provisions, and investor protections, structured in compliance with Singapore's Companies Act and Securities and Futures Act.
Suggested Sections

1. Parties: Details of the investor(s) and company

2. Investment Amount: Total funding amount and payment terms

3. Valuation: Pre-money valuation and resulting ownership percentage

4. Security Type: Type of shares or instruments being issued

5. Use of Proceeds: Intended use of investment funds

6. Closing Conditions: Prerequisites for completing the investment

Optional Sections

1. Board Rights: Investor board representation rights, typically included for larger investments or strategic investors

2. Anti-dilution Protection: Protection against future down rounds, commonly included for sophisticated investors or larger rounds

3. Drag-along Rights: Right to force minority shareholders to join in sale, typically included for majority investors

4. Tag-along Rights: Right to join in sale of majority stake, included for minority investor protection

Suggested Schedules

1. Cap Table: Pre and post-money capitalization table showing ownership structure

2. Investor Rights: Detailed listing of investor rights and privileges

3. Corporate Documents: Key corporate documents including certificate of incorporation, ACRA records

4. Financial Statements: Recent financial statements and projections

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Companies Act (Cap. 50): Primary legislation governing corporate matters including share issuance, shareholders' rights, company structure, corporate governance, and requirements for share allotments and transfers in Singapore

Securities and Futures Act (Cap. 289): Regulates securities offerings, investment products, prospectus requirements and exemptions, disclosure obligations, and restrictions on offers of securities

MAS Guidelines: Monetary Authority of Singapore guidelines covering regulatory requirements for financial investments, accredited investor framework, and requirements for fund management

Contract Law: Common law principles governing formation and validity of contracts, contractual obligations and remedies, based on Singapore's adoption of English common law

Personal Data Protection Act 2012: Legislation governing requirements for handling personal data, consent obligations, and data protection provisions

Competition Act (Cap. 50B): Legislation covering anti-competitive provisions and merger control considerations in Singapore

Income Tax Act: Tax legislation governing tax implications of investments, treatment of convertible instruments, and withholding tax considerations

Foreign Investment Regulations: Regulatory framework governing foreign investments and investors in Singapore

Currency Control Regulations: Regulations governing foreign currency transactions and controls in Singapore

Employment Act: Labor law relevant for employee stock options and other employment-related aspects of funding arrangements

Stamp Duties Act: Legislation governing stamp duties applicable to share transfers and other relevant transactions

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Loan Agreement Between Individual And Company

find out more

Mortgage Loan Assumption Agreement

find out more

Legal Loan Agreement Between Family Members

find out more

Film Investment Agreement

find out more

Film Financing Agreement

find out more

Car Installment Contract

find out more

Separation Financial Agreement

find out more

Standard Hire Purchase Agreement

find out more

Debenture Loan Agreement

find out more

Funding Term Sheet

find out more

Profit Sharing Loan Agreement

find out more

Vendor Finance Agreement

find out more

House Loan Agreement

find out more

Finance Contract

find out more

Intra Group Loan Agreement

find out more

Financial Lease Contract

find out more

Project Finance Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.