On this pageCover page fields

NVCA Model Stock Purchase Agreement

This page previews the NVCA Model Stock Purchase Agreement and the fields it contains. NVCA provides the official Word document — download it from the source linked on this page, then fill it in.

NVCA model documents are freely downloadable but not redistributable.

Cover page fields

FieldDescription
Company NameFull legal name of the company
Investor NameFull name of the investor
Company CounselCompany counsel name and address
Investor CounselInvestor counsel name and address
Company Counsel NameName of the company's counsel
Lead Purchaser NameName of the lead purchaser
Series DesignationSeries designation shown in the agreement title and share definitions
Agreement Date Month DayMonth/day portion of the agreement date in the opening paragraph
Agreement Year Two DigitsTwo-digit year suffix used in opening date format 20[__]
Par Value Per SharePar value per share inserted in the opening purchase clause
Purchase Price Per SharePurchase price per share inserted in the opening purchase clause
Applicable WordOptional word inserted before Closing in bracketed templates
Include Convertible SecuritiesInclude convertible securities conversion clause in Section 1.1(b)
Include Closing ReferenceInclude "with respect to such Closing" bracket in purchase clause
Purchaser ScopeConvertible securities consent scope word — set by computed.json from bind_all_convertible_holders_to_convert
Optional Plural SuffixOptional plural suffix — set by computed.json defaults
Closing HeadingHeading text — set by computed.json defaults
Initial Word LowerLowercase qualifier — set by computed.json defaults and rules
Initial Word TitleTitlecase qualifier — set by computed.json defaults and rules
Bind All Convertible Holders To ConvertPurchasers agree on behalf of all convertible security holders to convert (not just their own)
Closing TypeSingle closing or additional closings
Dispute Resolution ModeDispute resolution alternative in SPA (Alternative 1 arbitration or Alternative 2 courts)
Arbitration LocationArbitration venue for Dispute Resolution Alternative 1
Judicial DistrictFederal judicial district for disputes
Balance Sheet DateDate of the company's most recent balance sheet
Benefit Plan NamePlan year and name of the employee benefit plan
Signature Page MarkerSignature page marker text
State LowerState name (lowercase)
Specify PercentageSpecified percentage threshold
Financial Reporting PeriodFinancial reporting period (e.g., monthly, quarterly)
Director NamesList of individual director names
Board SizeAuthorized number of board seats at the Initial Closing
Minimum Shares Initial ClosingMinimum number of shares required to be sold at the Initial Closing
Applicable PurchasersNames of the applicable purchasers

This template is a drafter's starting point. It does not constitute legal advice. Workflow support only. Not legal advice.