This is a term sheet for a loan to finance the acquisition of a private company in England or Wales, which can be either a term loan or a revolving credit facility. The interest rate is linked to the lender's base rate or the Bank of England's Bank Rate.
A term loan agreement is a binding contract between a lender and borrower that outlines the terms of a loan, including the repayment schedule, interest rate, and collateral. The agreement also sets forth the rights and obligations of both parties.
Use this agreement when bringing an advisor on board to formalize variables such as job role and responsibilities, duration of contract and compensation. The agreement also sets forth certain key terms such as confidentiality and intellectual property.
This template is to be used the next time your company needs to set out terms with an individual (i.e. not to be used for agreements involving a personal service company as defined within IR35). It sets out the terms on which a contractor provides services to a client company, and is perfect for freelance software developers, marketing consultants, designers, PR/HR/recruitment consultants.
This IP Agreement is designed for an individual to assign IP to a company e.g. a founder is starting a company and needs to vest the IP into that company
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