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Model Certificate of Incorporation

This page previews the Model Certificate of Incorporation and the fields it contains. NVCA provides the official Word document — download it from the source linked on this page, then fill it in.

NVCA model documents are freely downloadable but not redistributable. This field-selector contains only transformation instructions, not the source document.

Cover page fields

FieldDescriptionNVCA default
Company NameFull legal name of the corporation
Registered Agent AddressStreet address of the registered agent in Delaware
Registered Agent CityCity of the registered agent office
Registered Agent CountyCounty of the registered agent office
Registered Agent NameName of the registered agent in Delaware
Total Authorized SharesTotal number of authorized shares of all classes
Number Of ClassesNumber of classes of stock (e.g., two)
Common Shares AuthorizedNumber of authorized shares of Common Stock
Preferred Shares AuthorizedNumber of authorized shares of Preferred Stock
Series DesignationSeries designation for preferred stock (e.g., A, B, C)
Original Issue PriceOriginal purchase price per share of the designated series of Preferred Stock; accepts a value with or without a leading dollar sign and renders exactly one dollar sign
Initial Purchase PriceInitial purchase price per share of the designated series of Preferred Stock
Liquidation Preference MultipleLiquidation preference multiple (e.g., 1, 1.5, 2)
Dividend Rate PercentAnnual dividend rate percentage on Preferred Stock
Dividend Rate Per ShareDividend rate per annum per share of Preferred Stock (dollar amount)
Preferred Shares Outstanding ThresholdMinimum shares of Preferred Stock outstanding for protective provisions to apply
Preferred Director SeatsNumber of Preferred Director board seats
Common Director SeatsNumber of directors elected exclusively by the Common Stock
At Large Director SeatsNumber of directors elected by Common and Preferred Stock voting together
Escrow Consideration TreatmentTreatment of escrow or holdback amounts in a Deemed Liquidation Event
  • Initial_consideration
  • Additional_consideration
Preferred Shares Designated PortionNumber of authorized Preferred Stock shares designated as the named series
Preferred Vote ThresholdApproval threshold used where the form offers all holders or a majority of holders/directors
  • All
  • Majority
Original Incorporation NameOriginal incorporation name, if different from current company name (leave blank if same)
Original Incorporation DateHistorical date the corporation was originally incorporated (the recital date), which need not equal the effective date of this amended and restated charter. Accepts ISO YYYY-MM-DD (rendered as e.g. "July 15, 2026") or a display-ready date string.
Redemption Start DateEarliest date on which preferred stock may be redeemed ("on or after <date>"). Accepts ISO YYYY-MM-DD (rendered as e.g. "March 15, 2026") or a display-ready date string.
Redemption Price BasisRedemption Price formula to use when Article Sixth redemption is enabled; choose the Original Issue Price plus declared but unpaid dividends, or the greater of that amount and Fair Market Value
  • Original_issue_price_plus_declared_unpaid_dividends
  • Greater_of_original_issue_price_and_fair_market_value
Include Redemption Holder Opt OutWhen Article Sixth redemption is enabled, permit a holder to opt out within 20 days after delivery of the Redemption Notice and exclude those shares from the redemption allocation
  • Permit a holder to opt out after Redemption Notice
Qualified Financing Notice DaysDays of prior notice required for qualified financing
Qualified Ipo Minimum PriceMinimum public offering price per share for a Qualified IPO, excluding the dollar sign
Qualified Ipo Gross ProceedsMinimum offering proceeds required for a Qualified IPO, excluding the dollar sign
Qualified Ipo Proceeds BasisWhether the Qualified IPO proceeds threshold is measured on a gross or net basis
  • Gross
  • Net
Qualified Direct Listing Market CapMinimum expected market capitalization for a Qualified Direct Listing, excluding the dollar sign
No Cumulative VotingInclude 'no cumulative voting' clause
Common Stock Voting LimitationInclude clause limiting common stock from vetoing preferred-only amendments
Authorized Shares Vote ProvisionInclude simplified vote provision for changing authorized Common Stock count
Include Officer IndemnificationInclude officer indemnification alongside director indemnification
Include Redemption Cross RefInclude cross-reference to Section 6.1 (Redemption)
Signature Page MarkerSignature page marker text
Time ZoneTime zone for notices and deadlines (e.g., Eastern, Pacific)
Par ValuePar value per share of common and preferred stock
Specify PercentagePercentage threshold for specified provisions; enter the number only (for example, 60), without the percent sign
Specify Percentage ClauseComplete percentage carrier set by computed.json from the number-only percentage input
Effective DateDate this amended and restated certificate is EXECUTED, printed on the signature block ("executed by a duly authorized officer of this corporation on <date>") — supply the execution/signature date, not a later intended filing date. Under 8 Del. C. Section 103 the charter becomes legally effective on filing with the Delaware Secretary of State (or a specified delayed effective time), which may differ from this execution date. Accepts ISO YYYY-MM-DD (rendered as e.g. "July 15, 2026") or a display-ready date string.
Adjustment Notice DaysDays to provide notice of conversion price adjustments
Redemption Interest RateAnnual interest rate on unredeemed shares (percentage)
Redemption Compounding FrequencyFrequency at which interest on unredeemed shares is compounded
  • Annually
  • Quarterly
  • Monthly
Conversion Notice DaysDays prior to record date for mandatory conversion notice
Dividend Formula PrefixNon-cumulative dividend formula prefix phrase
Dividend Formula AltAlternative dividend formula phrase
Acquisition Exception SharesMax shares issuable as acquisition consideration without triggering anti-dilution
Strategic Partnership Exception SharesMax shares issuable for strategic partnerships without triggering anti-dilution
Dividend TypeDividend structure: non_cumulative_as_converted (>95%), non_cumulative_fixed, or cumulative
  • When declared (as-converted)
  • Fixed rate, non-cumulative
  • Cumulative
Liquidation ParticipationLiquidation participation type: non_participating (94-96%) or participating
  • Payments to Holders of Common Stock
  • Distribution of Remaining Assets
Anti Dilution TypeAnti-dilution formula: broad_based_weighted_average (>98%) or full_ratchet
  • Broad-based weighted average
  • 4.4.4Adjustment of Conversion Price
Full Ratchet Sunset DateOptional last date on which the full-ratchet adjustment applies. Used only when anti_dilution_type is full_ratchet; omit this field to leave the full-ratchet protection without a sunset. Accepts ISO YYYY-MM-DD (rendered as e.g. "December 31, 2029") or a display-ready date string.
Include Pay To PlayInclude Section 5A pay-to-play conversion provisions (<5% of deals)
  • Special Mandatory Conversion.
Include RedemptionInclude Article Sixth full redemption provisions (2-5% of deals)
  • General. Unless prohibited by Delaware law
  • Redemption notice
  • Shares subject to redemption
  • The Redemption Date and the Redemption Price
  • Conversion-right termination date
  • Certificate-surrender instructions
  • Holder redemption opt-out
  • Certificate surrender and payment
  • Interest on delayed redemption
  • Rights after redemption notice
Include Direct ListingInclude a Qualified Direct Listing as a mandatory-conversion trigger
  • Qualified Direct Listing trigger
Include Dle Financing ExclusionExclude a bona fide preferred-stock financing from the Deemed Liquidation Event definition
  • Exclude preferred financing from Deemed Liquidation Events
Include Dle Redemption MechanicsInclude the Section 2.3.2(b) post-Deemed-Liquidation-Event redemption mechanics
  • Post-DLE redemption mechanics
Include Nonstandard Protective ProvisionsInclude the optional Requisite Directors operational-veto provisions
  • Optional operational vetoes
Include Lender ExemptionInclude the lender and equipment-lessor Exempted Securities paragraph
  • Lender and lessor exemption
  • Supplier and service-provider exemption
  • Acquisition consideration exemption
  • Strategic partnership exemption
Include Supplier ExemptionInclude the supplier and service-provider Exempted Securities paragraph
Include Acquisition ExemptionInclude the acquisition-consideration Exempted Securities paragraph
Include Strategic Partnership ExemptionInclude the strategic-partnership Exempted Securities paragraph
Include Exclusive ForumInclude the Delaware exclusive-forum provision
  • Delaware exclusive forum
Include California RepurchasesInclude the California Corporations Code Section 500 repurchase provision
  • California Section 500 repurchases
Include Officer ExculpationExtend the Article Ninth exculpation provision to officers

Defaults shown are NVCA's recommended values — see NVCA's standard for all fields and options.

This template is a drafter's starting point. It does not constitute legal advice. Workflow support only. Not legal advice.