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)
| Field | Type | Description |
|---|---|---|
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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