SAFE Side Letter
Effective date: [Date]
This SAFE Side Letter is entered into by and between [Company legal name], [address and entity details] (“Company”), and [Investor legal name], [address and entity details] (“Investor”), together the “Parties.”
1. Parties and SAFE reference
[Exact SAFE date and purchase amount]
2. Information rights
[Reports and delivery deadlines]
3. Pro rata rights
[Pro rata calculation and notice window]
4. MFN or consent rights
[Rights that expire at the next equity financing]
5. Confidentiality
[Conflict rule with the SAFE]
6. Priority and conflicts
[Authorized signatories]
7. Term and signatures
[Term and signatures: record the definitions, obligations, approvals, timing, exceptions, and consequences that apply to this SAFE Side Letter]
Signatures
Company
Name: [Name]
Title: [Title or capacity]
Signature: ____________________
Date: [Date]
Investor
Name: [Name]
Title: [Title or capacity]
Signature: ____________________
Date: [Date]
Legal notice: This editable working draft is not legal advice. Have qualified counsel review it for the governing law, parties, transaction, and intended use.