The model documents were drafted over the course of more than a year by a consensus process involving many of the leading VC lawyers in the country.

The model documents aim to:

• reflect industry norms
• be fair, biased toward neither the VC nor the entrepreneur, consistent with industry norms
• present a range of “typically seen” options (again, consistent with industry norms)
• include explanatory commentary where necessary or helpful
  

Links to documents: www.nvca.org/model_documents/model_docs.html

Link to National Venture Capital Association: www.nvca.org