# Term sheet draft

> Draft and validate M&A or investment term sheets (parties, valuation, structure, reps, conditions, indemnity, governing law).



Tags: M&A, Term sheet, Investment, Corporate, Deals


## Example Prompts

- Draft a term sheet for our acquisition of [Target]
- Validate our term sheet for missing sections
- Add indemnity cap and basket to the term sheet

URL: https://rakenne.app/skills/term-sheet-draft/index.md

Try this skill: https://rakenne.app/a/?skill=term-sheet-draft



## Overview

Draft and validate M&A or investment term sheets (parties, valuation, structure, reps, conditions, indemnity, governing law).

## When to use this skill

Use this skill when you are:

- **Structuring an early-stage deal** and want a clean, standard term sheet from a bullet list of key points before involving external counsel.
- **Normalizing multiple drafts** from different stakeholders (founders, investors, corporate dev, external counsel) into one consistent, negotiation-ready document.
- **Running a completeness check before circulation** to ensure no critical commercial or legal term is missing (price, structure, conditions precedent, indemnity, governing law).
- **Comparing alternative deal structures** (asset vs share deal, different valuation/cap tables) while keeping the same core term sheet template.

Typical users include corporate development teams, founders and executives, in-house counsel, and M&A or venture investors.

## Getting Started

Add your term sheet draft (or key points) to the workspace and activate the skill. Run the validator to ensure parties, valuation, structure, reps, conditions, indemnity, and governing law are present.

## Tools

- **validate_term_sheet** — Checks for parties, valuation/price, structure, representations, conditions, indemnity (cap/basket if applicable), and governing law.

## Example conversation

> **You:** Draft a term sheet for our acquisition of Acme Co. Purchase price $12M, asset deal, 12-month rep survival, cap at 50% of price.
>
> **Agent:** I've created `deals/acme_term_sheet.md` with parties, price, structure (asset purchase), key reps and conditions, indemnity cap and basket, and governing law. Running the validator.
>
> **Agent:** Validation: OK for all sections. Ready for negotiation.
>
> **You:** Add a no-shop and exclusivity period.
>
> **Agent:** Added a 90-day exclusivity and no-shop clause to the term sheet.

## Output excerpt

Example when governing law is missing:

```
============================================================
Term Sheet Validation
File: deals/term_sheet.md
============================================================

OK: parties
OK: valuation
OK: structure
OK: representations
OK: conditions
OK: indemnity
Missing or unclear: governing law

Action: Add missing sections (parties, valuation, structure, reps, conditions, indemnity if applicable, governing law).
```


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