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Model Management Rights Letter

This page previews the Model Management Rights Letter 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

FieldDescriptionOptions
Company NameFull legal name of the Company in normal title case for the operative body text
Company Name UpperCompany name in uppercase for the left "Very truly yours" signature column. The pinned source's bracket labels are reversed relative to the operative roles, so the recipe binds by column function rather than the literal bracket word.
Letter DateDate of the letter (fills the "______, 20__" dateline). Accepts ISO YYYY-MM-DD (rendered as e.g. "July 15, 2026") or a display-ready date string, which replaces the entire dateline including the pre-printed "20" — do not supply a partial date expecting the "20__" year stub to remain.
Purchased SharesNumber of shares of preferred stock purchased by the investor (e.g. 1,000,000)
Investor NameFull name of the investor
Investor Name UpperInvestor name in uppercase for the right "Agreed and Accepted" signature column
Investor Notice CityCity in the Investor's notice address printed in the letter header
Investor Notice StateState in the Investor's notice address printed in the letter header
Investor Notice Street AddressStreet address for the Investor printed in the letter header
Investor Notice Zip CodeZIP code in the Investor's notice address printed in the letter header
Company LetterheadCompany name or other company-identifying text for the Company letterhead block
Company AddressFull Company address printed in the Company letterhead block; do not use the Investor notice address here
Signature Page MarkerSignature page marker text
Series DesignationSeries designation for preferred stock (e.g., A, B, C), matching the charter and stock purchase agreement
Include Management Consultation RightsInclude consultation and management-advice rights while the Investor lacks Board representation
  • Management consultation rights
Include Inspection RightsInclude the books, records, facilities, and information inspection right
  • Inspection and information rights
Include Board Materials RightsInclude concurrent Board-material delivery and the right to address the Board while the Investor lacks Board representation
  • Board materials and address rights
Include Foreign Person RestrictionsInclude the Defense Production Act and CFIUS foreign-person restrictions paragraph
  • Foreign-person restrictions
Include Independent Business Reasons Merger ConditionRequire the merger to satisfy the independent-business-reasons and reorganization conditions in clause (x)
  • Independent-business-reasons merger condition
Include Successor Or Liquid Consideration Merger ConditionRequire the successor to provide reasonably comparable rights or pay solely cash or national-exchange-listed securities
  • Comparable-rights or liquid-consideration merger condition
Investor Signatory NamePrinted name of the Investor signatory; the handwritten By line remains blank
Investor Signatory TitleTitle of the Investor signatory
Company Signatory NamePrinted name of the Company signatory; the handwritten By line remains blank
Company Signatory TitleTitle of the Company signatory

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