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Venture Financing · Recipe

NVCA Model Certificate of Incorporation

Amended and restated certificate of incorporation for venture-backed Delaware corporations, defining preferred stock rights, preferences, and privileges.

43 fields NVCA

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npx open-agreements fill nvca-certificate-of-incorporation -d values.json -o output.docx

Fields (43)

FieldTypeDescription
Company Name string Full legal name of the corporation
Registered Agent Address string Street address of the registered agent in Delaware
Registered Agent City string City of the registered agent office
Registered Agent County string County of the registered agent office
Registered Agent Name string Name of the registered agent in Delaware
Total Authorized Shares string Total number of authorized shares of all classes
Number Of Classes string Number of classes of stock (e.g., two)
Common Shares Authorized string Number of authorized shares of Common Stock
Preferred Shares Authorized string Number of authorized shares of Preferred Stock
Series Designation string Series designation for preferred stock (e.g., A, B, C)
Original Issue Price string Original purchase price per share of Series A Preferred Stock
Initial Purchase Price string Initial Series A purchase price per share
Liquidation Preference Multiple string Liquidation preference multiple (e.g., 1, 1.5, 2)
Dividend Rate Percent string Annual dividend rate percentage on Preferred Stock
Dividend Rate Per Share string Dividend rate per annum per share of Preferred Stock (dollar amount)
Preferred Shares Outstanding Threshold string Minimum shares of Preferred Stock outstanding for protective provisions to apply
Preferred Director Seats string Number of Preferred Director board seats
Preferred Shares Designated Portion string Portion of preferred shares designated as the named series
Original Incorporation Name string Original incorporation name, if different from current company name (leave blank if same)
Redemption Start Date string Earliest date on which preferred stock may be redeemed
Qualified Financing Notice Days string Days of prior notice required for qualified financing
No Cumulative Voting boolean Include 'no cumulative voting' clause
Common Stock Voting Limitation boolean Include clause limiting common stock from vetoing preferred-only amendments
Authorized Shares Vote Provision boolean Include simplified vote provision for changing authorized Common Stock count
Include Officer Indemnification boolean Include officer indemnification alongside director indemnification
Include Redemption Cross Ref boolean Include cross-reference to Section 6.1 (Redemption)
Signature Page Marker string Signature page marker text
Time Zone string Time zone for notices and deadlines (e.g., Eastern, Pacific)
Par Value string Par value per share of common and preferred stock
Specify Percentage string Percentage threshold for specified provisions
Effective Date date Effective date of the certificate of incorporation
Adjustment Notice Days string Days to provide notice of conversion price adjustments
Redemption Interest Rate string Annual interest rate on unredeemed shares (percentage)
Conversion Notice Days string Days prior to record date for mandatory conversion notice
Dividend Formula Prefix string Non-cumulative dividend formula prefix phrase
Dividend Formula Alt string Alternative dividend formula phrase
Acquisition Exception Shares string Max shares issuable as acquisition consideration without triggering anti-dilution
Strategic Partnership Exception Shares string Max shares issuable for strategic partnerships without triggering anti-dilution
Dividend Type string Dividend structure: non_cumulative_as_converted (>95%), non_cumulative_fixed, or cumulative
Liquidation Participation string Liquidation participation type: non_participating (94-96%) or participating
Anti Dilution Type string Anti-dilution formula: broad_based_weighted_average (>98%) or full_ratchet
Include Pay To Play boolean Include Section 5A pay-to-play conversion provisions (<5% of deals)
Include Redemption boolean Include Article Sixth full redemption provisions (2-5% of deals)

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