The term sheet and many letters of intent cover the significant aspects of a transaction without detailing every minor aspect and contingency covered by a binding agreement. The term sheet is generally non-binding and lays the groundwork for ensuring that the parties involved in a business transaction have a “meeting of the minds” on most major elements of the deal. Understanding the salient aspects of a transaction and codifying them in the term sheet ensures that expensive legal fees and costs involved in drawing up a binding agreement or contract are not incurred prematurely. Term sheets are the foundation on which deal lawyers base their initial drafts and function as a guide in subsequent negotiations. Attend this new program to better understand how to help your clients most efficiently and effectively launch their next deal.
Course Content
12:00 - 12:10 pmGeneral Purpose and Utility of Term Sheets and Letters of Intent
John F. Cohan, Esq.,
Gesmer Updegrove LLP, Boston
12:10 - 12:20 pm
Non-Binding and Binding Term Sheet Provisions
John F. Cohan, Esq.,
Gesmer Updegrove LLP, Boston
12:20 - 12:35 pm
Various Transaction Types and Use of Term Sheets
John F. Cohan, Esq.,
Gesmer Updegrove LLP, Boston
12:35 - 12:50 pm
Key Points of the Term Sheet: What’s Included and What’s Not - Gauging Too Much Detail v. Not Enough
John F. Cohan, Esq.,
Gesmer Updegrove LLP, Boston
12:50 - 1:00 pm
'Ask the Experts' Q&A Session and Key Takeaways
John F. Cohan, Esq.,
Gesmer Updegrove LLP, Boston
Please Note
This webcast is delivered completely online, underscoring their convenience and appeal.
There are no published print materials. All written materials are available electronically only.
They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.
Speakers
FacultyJohn F. Cohan, Esq.,
Gesmer Updegrove LLP, Boston
