Safe Agreement Template – Canada

The Safe Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These formats are both customizable and ready for printing, ensuring you have what you need at your fingertips.


Sample

Safe Agreement Template – Canada

Editable – Printable



1. Parties Involved



2. Purpose of the SAFE Agreement

3. Amount of Investment

4. Valuation Cap

5. Discount Rate

6. Future Financing Event

7. Rights of the Investor

8. Termination of Agreement

9. Confidentiality Obligations

10. Governing Law

11. Signatures and Acceptance




PDF


WORD

Examples


Safe Agreement Template – Canada (1)
Between:
[Party A Name]
[Party A Address]
[Party A Phone]
[Party A Email]
And:
[Party B Name]
[Party B Address]
[Party B Phone]
[Party B Email]
Introduction:
This Safe Agreement (“Agreement”) establishes the terms of the safe investment arrangement between [Party A Name] and [Party B Name], commencing on [Start Date].
Clause 1: Definitions
For the purpose of this Agreement, “Safe” refers to the Simple Agreement for Future Equity, which entitles the Investor to equity in the Company under certain conditions.
Clause 2: Investment Amount
Party A agrees to invest a total sum of [Investment Amount CAD] into Party B, to be executed upon signing this Agreement.
Clause 3: Conversion Terms
The investment will convert into shares when a qualified financing round takes place, at a conversion price based on a discount of [Discount Percentage]% to the price per share of the future equity financing or a valuation cap of [Valuation Cap CAD].
Clause 4: Representations and Warranties
Each party represents that they have the necessary capacity and authority to enter into this agreement and that execution will not result in a breach of any agreement or law.
Clause 5: Confidentiality
Both parties agree to maintain the confidentiality of any proprietary information and terms of this Agreement, barring any legal obligations for disclosure.
Clause 6: Governing Law
This Agreement shall be governed by the laws of the Province of [Province Name], Canada.
Signed in [City], [Date].
Sincerely,
[Party A Signature]
[Party A Name]
[Party B Signature]
[Party B Name]
Safe Agreement Template – Canada (2)
Between:
[Investor Name]
[Investor Address]
[Investor Phone]
[Investor Email]
And:
[Company Name]
[Company Address]
[Company Phone]
[Company Email]
Introduction:
This Safe Agreement (“Agreement”) outlines the investment terms and conditions between [Investor Name] and [Company Name] effective from [Start Date].
Clause 1: Safe Issuance
Upon execution of this Agreement, the Company shall issue a Safe to the Investor in exchange for an investment amount of [Investment Amount CAD].
Clause 2: Equity Financing
In the event of a qualified equity financing, the total investment amount will convert into shares based on either the valuation cap of [Valuation Cap CAD] or [Discount Percentage]% discount to the financing price.
Clause 3: Termination.
This Agreement can be terminated by the Investor if the Company fails to complete a qualified financing by [Termination Date].
Clause 4: Rights of the Investor
The Investor shall have the right to receive information regarding financial status and any operational updates on the Company.
Clause 5: Governing Law
This Agreement is governed by the laws of Canada and any disputes shall be settled in accordance with these laws.
Signed in [City], [Date].
Sincerely,
[Investor Signature]
[Investor Name]
[Company Signature]
[Company Name]

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Safe Agreement Template - Canada