What us an “Interpretation – Capitalized Terms” clause?..
This clause specifies a discount rate to the share price at which the SAFE converts and is intended as a bonus to entice investors. It can be excluded from the SAFE if not desired. Founders should calculate the impact of a discount carefully before negotiating with investors. An example of this clause is: The "Discount Rate" of this SAFE is [100 minus the discount]%.
Blogs related to this clause:
Can emails be considered confidential information, and therefore can come under the obligation to return or destroy?
June 1 2017
COURT ORDERS DELETION OF CONFIDENTIAL EMAILS Pakage Apparel Inc [...]
September 3 2015
Links from this article:Read the article here [...]