Definitive Agreements . If due diligence does not reveal any undesirable findings, our attorneys will work with your attorneys to translate the term sheet into a formal written contract governing our investment in the company. Once all parties agree to the definitive agreement, they sign the document, after which River Cities wires the money the company's account. Keep the document concise and to the point . The executive summary should be no more than 5 pages and the whole plan fewer than 50 pages.
Sponsorship is important .
Plans that are introduced to us by parties with whom we have a relationship, such as attorneys, accountants and venture firms, tend to fare better than plans that lack sponsorship. Do NOT insist on non-disclosure agreements . As a policy, we do not sign NDAs. Venture firms operate in a world of proprietary technology and novel business concepts. River Cities takes its responsibility to guard such secret information very seriously.