All templatesTERM SHEET
SUBJECT TO CONTRACT
Date: 8 October 2026
This term sheet summarises the principal terms on which Greenfield Solar Kenya Limited (Party A) and Amani Impact Fund LP (Party B) propose to proceed with a Series A investment of USD 3,000,000 for 25% of Greenfield Solar Kenya Limited.
Term Detail
Parties Greenfield Solar Kenya Limited (Party A) and Amani Impact Fund LP (Party B).
Transaction Series A investment of USD 3,000,000 for 25% of Greenfield Solar Kenya Limited.
Pre-money valuation USD 9,000,000.
Board seat One board seat for the investor.
Liquidation preference 1x non-participating liquidation preference.
ESOP top-up 5% ESOP top-up.
Conditions precedent Legal and financial due diligence; CAK approval if required.
Business and deals
Term sheet template (Kenya)
Also called: Term Sheet
What it is for
The headline terms of an investment or deal, on one page.
The Kenyan law it follows
- Law of Contract Act Cap 23
Who prepares it
You can prepare this yourself. It is still wise to have an advocate read it before you sign, especially where a lot of money or a long commitment is involved.
Fill this in with your own details
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Sample term sheet
The first part of the sample is shown here. The names, amounts and facts are made up to show how the document reads.
The rest of this term sheet is for Lex members
Create a free account to read the whole sample, fill it in with your own details and download it in Word.
This is a sample for general information. It is not legal advice and may not suit your situation. Laws change, and a document has to fit your own facts; have an advocate check it before you rely on it.