Term sheet clause 17 of 25 · Founders and deal terms
Acceleration in a term sheet
In plain English: Faster vesting on a sale (single trigger) or on a sale plus termination (double trigger). Typical: Double-trigger acceleration is common.
Founder-friendly
Double trigger, partial or full.
Investor-friendly
None.
What to watch for
Red flag
None at all.
How to model it
This clause doesn't change the maths of your round, but it changes how you run the company. Discuss it with your lawyer and keep it in mind when you compare offers.
Not legal advice. Norms vary by country and market cycle. Have a startup lawyer review your term sheet before you sign.