Haynes and Boone
  October 29, 2002 - Dallas, Texas

Investor Equity Expectations
  by Charles D Powell

The Entrepreneurship Institute President's Forum

This term sheet provides an example of a typical "Angel" round investment in preferred stock. It is not intended as specific legal advice or a final legal document and is provided for general educational purposes only.

Read full article at: http://www.haynesboone.com/FILES/tbl_s12PublicationsHotTopics/PublicationPDF60/991/10_29_2002_Powell.pdf