[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-175038-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-175038-en":127},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","se-asia-tech-acquisition-term-sheet-share-sale","SE Asia Tech Acquisition Term Sheet - Share Sale","","Template term sheet for a share acquisition of one technology company by another, setting out key commercial and legal terms agreed between the buyer and the target company’s shareholders before a formal share sale and purchase agreement is prepared. Designed for Southeast Asia-domiciled companies, with a suggested placeholder governing law of Singapore pending review by local counsel. Includes user notes for completing bracketed fields, deleting footer instructions, and completing an appendix listing sellers and share holdings.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/se-asia-tech-acquisition-term-sheet-share-sale/175038/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/se-asia-tech-acquisition-term-sheet-share-sale/175038.png","ImageObject",442,249,{"name":42,"@type":43},"Rhys","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-10-19","2026-09-02",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",10,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the purpose of this term sheet in a tech company acquisition?","Question",{"text":63,"@type":64},"It summarizes the principal terms agreed between the acquiring company and the target shareholders before preparing the formal share sale and purchase agreement.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Is the term sheet legally binding?",{"text":68,"@type":64},"It is not legally binding except for the confidentiality obligations stated in part B; there is no obligation to sell or purchase until a binding agreement is signed.",{"name":70,"@type":61,"acceptedAnswer":71},"How should companies handle governing law for Southeast Asia deals?",{"text":72,"@type":64},"Because laws vary across Southeast Asian countries, the document should be reviewed by a local lawyer; it suggests Singapore law as a placeholder.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},175038,1788317957,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,114,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},17,"Forms",40,"forms",{"id":115,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":116,"slug":117},18,30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":115,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":136,"language":137,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":12,"update_tm":80,"read_time":30},687207024643,"https://ap-avatar.wpscdn.com/davatar_3d24733baf745e90a7e4bdd5f77d97b2","This is a template term sheet for use when one tech company is acquiring the shares of another tech company.  It sets out the principal terms agreed between the acquiring company and the shareholders of the target company prior to preparing the formal sale and purchase agreement.  The acquisition of a competing and/or complementary business in this manner is a common strategy of well-funded high growth technology companies.\nThis term sheet assumes that the transaction will be structured as a share sale (as is most common).  It should not be used in connection with the acquisition of the business and assets of a target company.  This term sheet is not legally binding (other than the confidentiality obligations in part B); it simply sets out the terms agreed in relation to the acquisition.\napplicable law\nThis document is intended for use by companies domiciled in Southeast Asia.  Because the laws in each Southeast Asian country are different, you should have the document reviewed by a local lawyer.  We have suggested (as a placeholder) that the document be subject to Singapore law as this is the most common domicile of post-funded tech companies in Southeast Asia, and Singapore is well respected as a legal jurisdiction.\nusing this template\nThe User Notes and the statements in the footer below (all marked in red) are included to assist in the preparation of this document.  They are for reference only –you should delete all user notes and the statements in the footer from the final form of your document.\nThe use of [square brackets] around black text means that:\nthe requested details need to be inserted\nthere are different options for you to consider within a clause\nthe whole clause is optional and you need to consider whether to include it, based on the company’s circumstances and the user notes.\nBefore finalising your document, check for all square brackets to ensure you have considered the relevant option and ensure that all square brackets have been deleted.\nIf you delete any clauses or schedules, remember to cross reference check the document.\nterm sheet\nfor the acquisition of shares in [INSERT NAME OF COMPANY]\u000b(Company)\nThis document (Term Sheet) summarises the principal terms of a proposed acquisition by [insert name of buyer] (the Buyer) of the entire issued share capital of the Company (Acquisition).  This Term Sheet is not legally binding except for the terms stated in part B and there will be no obligation to sell or purchase the shares of the Company until a binding sale and purchase agreement is signed by the parties.\nTo confirm your acceptance of this Term Sheet, please sign and date the duplicate of this Term Sheet and return it to me.\n[User note:  Use the following signature block for the Company.]\n[User note:  Use the following signature block for the Buyer.]\n[User note:  Use the following signature block for each selling shareholder.]\n\u000f\nAPPENDIX\nSellers\n[User note:  Insert a table showing all of the shareholders of the Company, and the number and classes of shares held by each of them, OR fill out the table below.]\n*Include details of any warrants or options over shares in the Company, any convertible loans and any other obligations to issue shares in the Company.","cbCaiuvY9xHkZCjm","https://ap.wps.com/l/cbCaiuvY9xHkZCjm","docx",68455,7,"English","# Transaction structure\n## Share sale confirmation\n# Parties and acceptance\n## Signature and return\n# Governing law and legal status\n## Not legally binding except confidentiality\n# Completion guidance\n## Bracketed placeholders and user notes\n# Appendix\n## Sellers and shareholding details","[{\"question\":\"What is the purpose of this term sheet in a tech company acquisition?\",\"answer\":\"It summarizes the principal terms agreed between the acquiring company and the target shareholders before preparing the formal share sale and purchase agreement.\"},{\"question\":\"Is the term sheet legally binding?\",\"answer\":\"It is not legally binding except for the confidentiality obligations stated in part B; there is no obligation to sell or purchase until a binding agreement is signed.\"},{\"question\":\"How should companies handle governing law for Southeast Asia deals?\",\"answer\":\"Because laws vary across Southeast Asian countries, the document should be reviewed by a local lawyer; it suggests Singapore law as a placeholder.\"}]","SE Asia Tech Acquisition Term Sheet - Share Sale | DOCX"]