http://disqus.com/by/jonchan/enFri, 10 Jul 2009 02:54:37 -0000http://www.startupcompanylawyer.com/2007/05/01/what-happens-if-the-company-is-sold-after-the-convertible-bridge-note-is-issued-and-before-the-maturity-date-or-the-next-round-of-financing/#comment-12431078<p>What's the standard convertible note term addressing M&amp;A events? Seems to me a fixed rate of return doesn't make sense because it doesn't account for the context of the M&amp;A -- i.e., what if it's a firesale? The alternative isn't great either but perhaps makes more sense -- pre-negotiating a % ownership of the company at the time of sale.</p>jonchanFri, 10 Jul 2009 02:54:37 -0000