name: Common Paper Term Sheet
category: deals-partnerships
description: >-
  A term sheet template for outlining key business terms, based on Common Paper's standard form. A simple
  topic-and-details format for early-stage deal discussions.
source_url: https://commonpaper.com/standards/term-sheet
version: '1.0'
license: CC-BY-4.0
allow_derivatives: true
attribution_text: >-
  Based on the Common Paper Term Sheet, available at https://commonpaper.com. Licensed under CC BY 4.0. Copyright Common
  Paper, Inc.
fields:
  - name: company_name
    type: string
    description: Official name of the company
    section: Parties
  - name: topic
    type: string
    description: Topic or subject area of the term
    section: Terms
  - name: topic_details
    type: string
    description: Details about the topic
    section: Terms
  - name: party_1_signatory_type
    type: enum
    description: Whether the first party signatory is an entity or individual
    options:
      - entity
      - individual
    default: entity
    section: Signature Block
  - name: party_1_signatory_name
    type: string
    description: Full legal name of the first party's signatory
    section: Signature Block
  - name: party_1_signatory_title
    type: string
    description: Title/role of the first party's signatory (entity only)
    section: Signature Block
  - name: party_1_signatory_company
    type: string
    description: Company name for the first party signatory (entity only)
    section: Signature Block
  - name: party_1_signatory_email
    type: string
    description: Notice email address for the first party
    section: Signature Block
  - name: party_2_signatory_type
    type: enum
    description: Whether the second party signatory is an entity or individual
    options:
      - entity
      - individual
    default: entity
    section: Signature Block
  - name: party_2_signatory_name
    type: string
    description: Full legal name of the second party's signatory
    section: Signature Block
  - name: party_2_signatory_title
    type: string
    description: Title/role of the second party's signatory (entity only)
    section: Signature Block
  - name: party_2_signatory_company
    type: string
    description: Company name for the second party signatory (entity only)
    section: Signature Block
  - name: party_2_signatory_email
    type: string
    description: Notice email address for the second party
    section: Signature Block
priority_fields:
  - company_name
  - topic
  - topic_details