What makes a combined package complete?

A complete package includes term sheet, subscription agreements, investor rights documents, charter amendment, disclosure schedules, signature pages, and a closing checklist to confirm all deliverables.

Can the package be signed electronically?

Yes. Electronic signatures satisfy ESIGN and state electronic transaction laws when intent, consent, attribution, and durable record retention are present.

Are notarization or witnesses typically required?

Notarization is generally not required for corporate subscription agreements, but state corporate filings and certain ancillary documents may have different rules; verify local requirements.

How should you store signed documents?

Keep tamper-evident electronic copies and the audit trail; retain originals per retention policies and regulatory obligations for tax and corporate records.

What common errors delay closings?

Inconsistent names, unsigned exhibits, missing board approvals, and incorrect wire instructions commonly cause delays and require remedial steps.

Who should I contact about signer authority?

Confirm signer authority with corporate secretary records or investor formation documents and collect powers of attorney or resolution copies where necessary.

Electronic Signature
Templates
Finance
Financial Series B Package Combined

Financial Series B Package Combined

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FINANCIAL SERIES B PACKAGE COMBINED

Parties and Contacts

Company Name Company Address

Company Contact Name / Title

Company Phone / Email

Investor Name Investor Address

Investor Contact Name / Title

Investor Phone / Email

Investor Entity Type

Corporation LLC Individual Other:

Transaction Summary

Series Designation:

Aggregate Purchase Amount: $ Number of Shares: Price per Share: $

Pre-Money Valuation: $ Post-Money Valuation: $

Anticipated Closing Date:

Key Securities Terms

Liquidation Preference: The Series shall have a liquidation preference equal to times the Original Purchase Price per share, with participation terms as follows:

Anti-dilution Protection: None Full Ratchet Weighted Average

Voting Rights: Shares shall have voting rights as set forth in the definitive Stock Purchase Agreement and related governance documents. Brief summary:

Representations, Warranties and Covenants

Company Representations: The Company represents and warrants that, among other matters, it is duly organized and in good standing, has authority to issue the shares, and the shares when issued will be duly authorized, validly issued, fully paid and non-assessable. Material exceptions or qualifications:

Investor Representations: The Investor represents that it has full power and authority to enter this agreement, has adequate investment intent and, if applicable, qualifies as an accredited investor. Material exceptions or qualifications:

Conditions to Closing

The following conditions precedent shall be satisfied or waived prior to funding and issuance of shares:

Board authorization of issuance and corporate action

Company counsel legal opinion delivered

Good standing certificates and incumbency certificates

Investor KYC and required subscription documents delivered

Use of Proceeds and Fees

Primary Use of Proceeds (summary) Transaction Expenses

Capitalization Summary

The following is a summary of the capitalization on a fully diluted basis immediately prior to and after the closing.

Shares Outstanding Pre-Closing Options/Warrants (Fully Diluted) Shares Issued in Series B

Wire Instructions / Payment

Receiving Bank Name Account Name

Account Number / IBAN

Routing / SWIFT / BIC

Indemnification and Liability

Each party shall indemnify, defend and hold harmless the other party from and against any losses, claims, liabilities and expenses arising out of any breach of its representations, warranties or covenants. Limitations on liability and survival periods:

Notices and Governing Law

Governing Law: This agreement shall be governed by and construed in accordance with the laws of:

Company Notice Address Investor Notice Address

Closing Deliverables Checklist

Confirm delivery of the following at or prior to closing:

Stock certificate(s) or book entry instructions

Signed Stock Purchase Agreement and related instruments

Confirmation of wire transfer of funds

Delivery of legal opinions (if required)

Acknowledgements and Certifications

Investor Certification: The undersigned Investor certifies that it is acquiring the shares for investment, not with a view to distribution, and, if required, that it qualifies as an accredited investor under applicable law.

Accredited Investor Status: Meets net worth test Meets income test Other:

Additional Terms, Conditions or Agreed Amendments

Execution

By signing below, each party acknowledges receipt of this Financial Series B Package Combined and agrees that the summaries and representations contained herein form part of the definitive transaction documents. This document is intended to evidence the parties' agreement to proceed to the definitive documentation and to record agreed deal economics; it is binding with respect to the matters expressly set forth herein.

Company:

Printed Name:

By:

Date:

Title:

Investor:

Printed Name:

By:

Date:

Title:

What the Financial Series B Package Combined Is

The Financial Series B Package Combined is a consolidated set of corporate financing documents used to complete a Series B equity round in the United States. It typically bundles the negotiated term sheet, subscription agreement or purchase agreement, investor rights or shareholder agreement, amended and restated certificate of incorporation or charter amendment, disclosure schedules, a closing checklist, and a closing memorandum. The combined package aligns economic terms, corporate governance changes, investor representations and conditions to funding so that counsel, company officers, and investors can close the round in a single coordinated transaction.

Why a Combined Series B Package Matters

A combined package reduces coordination risk by grouping all contract, corporate and disclosure items required for closing, improving consistency across agreements and enabling a single signing and funding timeline.

Primary Users and Stakeholders

Each participant needs clearly assigned review and signature responsibilities to prevent delays and to ensure regulatory and corporate compliance.

Company founders and C-suite executives responsible for approvals and corporate filings.
In-house and outside counsel preparing and confirming legal terms and exhibits.
Lead investors and venture capital associates reviewing closing conditions and signature pages.

Roles Authorized to Sign

Company Signatory

Typically the CEO or an authorized officer executes the subscription agreement and charter amendment on behalf of the issuer; ensure board resolution or delegated authority is documented prior to execution.

Investor Signatory

Authorized signers for investing entities include an authorized officer, managing member, or an attorney-in-fact with a valid power of attorney; verify corporate authority and investor entity formation documents before acceptance.

Step-by-Step: Completing the Package

Follow these steps in order to prepare, review, and close a combined Series B package efficiently.

01

Prepare Documents: Collect term sheet, agreements, schedules, and cap table.
02

Populate Fields: Complete all fillable fields and attachments.
03

Obtain Approvals: Board resolutions and investor consents executed.
04

Close and Fund: Sign, exchange funds, and file corporate amendments.

Digital Workflow Configuration Checklist

Set up a consistent digital workflow to route documents, request signatures, and capture the completion certificate.

Field	Configuration
Signature Order	Sequential signer order
Authentication	Email + SMS OTP where required
Attachments	Lock exhibits after upload
Audit Capture	Enable full audit trail

How Electronic Execution and Exchange Works

A simple e-sign workflow for the combined package streamlines execution and preserves evidence for regulatory and corporate records.

Upload: Sender uploads final PDF package
Tag Fields: Add signature, initial, and date fields
Route: Send to signers in agreed order
Complete: Signed copies and audit trail saved

Key Components Included in a Professional Package

A complete Series B combined package groups core legal and corporate items so counsel and parties can review and close consistently.

Term Sheet

Summarizes principal economic terms, valuation, and investor rights that form the basis for definitive documents and board approval.

Subscription Agreement

Sets purchase terms, representations, closing conditions, wire instructions, and required investor disclosures for the securities sale.

Investor Rights Agreement

Defines voting rights, information rights, registration rights, anti-dilution protections, and board composition provisions.

Charter Amendment

Amends the certificate of incorporation to create new series of preferred stock and specify rights and preferences at issuance.

Disclosure Schedules

Lists exceptions to company reps and warranties, pending litigation, IP ownership details, and other negotiated disclosures.

Closing Checklist

Tracks required deliverables, filings, corporate approvals, legal opinions, and post-closing tasks to confirm a valid closing.

Security and Compliance Features to Include

Encryption: AES-256 at rest

In-Transit: TLS 1.2/1.3

Audit Trail: Detailed timestamps and IP

Access Controls: Role-based permissions

HIPAA/BAA: BAA available if required

21 CFR Part 11: Compliant options available

Common Preparation Pitfalls to Avoid

Using inconsistent legal names across subscription agreements, charter amendments, and cap tables can delay transfers and filings.
Missing or unsigned exhibits, schedules, or corporate approvals commonly result in incomplete closings and post-closing remediation.
Incorrect dates or time zones on signature pages can create ambiguity about effective dates and funding deadlines.
Failure to confirm signer authority or to attach powers of attorney for entity signers risks later challenges to validity.

Risks and Consequences of Errors

Invalid Filings: May invalidate issuance

Investor Disputes: Contract enforcement risks

Regulatory Exposure: Securities law inquiries

Tax Uncertainty: Incorrect reporting risk

Funding Delays: Missed wire deadlines

Corporate Governance: Board approvals challenged

Typical Deadlines and Close-Related Timeframes

Series B closings have interdependent deadlines; map key dates early and communicate them to all stakeholders.

Signed Term Sheet:

Target signature within negotiated deal period

Investor Signature Deadline:

Often 7–14 days after final documents

Funding Wire Deadline:

Specified time on the closing date

Charter Filing:

File amendment within days of closing

Post-Closing Deliverables:

Deliver legal opinions and updated cap table shortly after funding

Key Milestones from Term Sheet to Funding

A sequential view of milestones helps teams coordinate diligence, approvals, and funding on a single timeline.

01

Due Diligence

Document review, reps, and data room checks

02

Negotiation

Finalize economic and governance terms

03

Signatures

Execute subscription and ancillary agreements

04

Funding

Receive wire and complete issuance

Technical Integrations and File Formats

Choose systems that preserve audit trails and export signed documents in standard, tamper-evident formats for corporate records.

Integrations: Salesforce, NetSuite, Google Workspace
Formats: PDF, DOCX, XLSX
Security: SSO, role-based access

eSignature Vendor Pricing and Feature Snapshot

A concise comparison of common vendor starting prices and key feature availability; signNow is listed first per standard comparison practice.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	Yes, 7-day trial	Yes	Yes	Yes	Yes
Bulk Send	Yes	Yes	Yes	Yes	No
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No

FAQs and Troubleshooting

Answers to common questions about preparing, executing, and preserving a Financial Series B Package Combined.

Need help? Contact support

What makes a combined package complete?
A complete package includes term sheet, subscription agreements, investor rights documents, charter amendment, disclosure schedules, signature pages, and a closing checklist to confirm all deliverables.
Can the package be signed electronically?
Yes. Electronic signatures satisfy ESIGN and state electronic transaction laws when intent, consent, attribution, and durable record retention are present.
Are notarization or witnesses typically required?
Notarization is generally not required for corporate subscription agreements, but state corporate filings and certain ancillary documents may have different rules; verify local requirements.
How should you store signed documents?
Keep tamper-evident electronic copies and the audit trail; retain originals per retention policies and regulatory obligations for tax and corporate records.
What common errors delay closings?
Inconsistent names, unsigned exhibits, missing board approvals, and incorrect wire instructions commonly cause delays and require remedial steps.
Who should I contact about signer authority?
Confirm signer authority with corporate secretary records or investor formation documents and collect powers of attorney or resolution copies where necessary.

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