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Glossary Venture Capital / Term

No Shop, No Solicitation Clauses

A no shop, no solicitation, or exclusivity, clause requires the company to negotiate exclusively with the investor, and not solicit an investment proposal from anyone else for a set period of time after the term sheet is signed. The key provision is the length of time set for the exclusivity period.

Permanent link No Shop, No Solicitation Clauses - Creation date 2020-02-03


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