Common Contracts
3 similar Simple Agreement for Future Equity (Safe) contracts
Simple Agreements for Future EquitySimple Agreement for Future Equity (Safe) • April 18th, 2023
Simple Agreements for Future EquitySimple Agreement for Future Equity (Safe) • January 28th, 2021
Since always vi ci, this would imply that inequality (15) is violated. There is therefore an implicit obligation on the company not to issue excess SAFE notes in this way: doing so would render the company unable to meet its explicit obligations to the SAFE holders in the event of an Equity Financing.
Simple Agreements for Future EquitySimple Agreement for Future Equity (Safe) • February 24th, 2020
Since always vi ci, this would imply that inequality (15) is violated. There is therefore an implicit obligation on the company not to issue excess SAFE notes in this way: doing so would render the company unable to meet its explicit obligations to the SAFE holders in the event of an Equity Financing.
