Fulton Georgia Form — Term Sheet for Series C Preferred Stock is a legal document that outlines the terms and conditions for issuing Series C Preferred Stock in Fulton, Georgia. This term sheet provides a detailed description of the rights, preferences, and privileges associated with this class of preferred stock. Series C Preferred Stock is generally a type of equity investment offered to investors in a company's late-stage funding round. It typically carries certain benefits and protections that differ from common stock, making it an attractive investment opportunity. Here are some important terms that may be included in the Fulton Georgia Form — Term Sheet for Series C Preferred Stock: 1. Dividend Rate: This specifies the rate at which dividends will be paid to the holders of Series C Preferred Stock. The dividend rate may be expressed as a percentage of the stock's par value or calculated based on other factors. 2. Liquidation Preference: This determines the priority of payments in case of a company's liquidation or sale. Series C Preferred Stockholders with a higher liquidation preference receive their investment back before holders of other stock classes. 3. Conversion Rights: This provision allows Series C Preferred Stockholders to convert their shares into common stock after meeting certain conditions, such as an initial public offering (IPO) or specified period of time. 4. Voting Rights: Series C Preferred Stockholders may have limited or no voting rights, depending on the terms outlined in the term sheet. 5. Anti-Dilution Provisions: These clauses protect Series C Preferred Stockholders from suffering substantial dilution of their ownership stake if the company issues additional shares at a lower price. 6. Redemption Rights: This enables the company or the stockholders to redeem the Series C Preferred Stock after a specified period, often at a premium. It is important to note that the specific details of the Fulton Georgia Form — Term Sheet for Series C Preferred Stock may vary depending on the company, its industry, and the negotiation between the investors and the company. However, these terms and conditions generally form the basis of a comprehensive term sheet. Other variations of Fulton Georgia Form — Term Sheet for Preferred Stock may include Series A Preferred Stock, Series B Preferred Stock, and further subsequent series. Each series typically carries its own set of unique terms, providing different rights and benefits to the investors based on their investment rounds.