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Legal & Governance·DOC
Pro-Rata Side Letter Template
Investor pro-rata rights side letter guaranteeing the right to participate in future financing rounds up to a percentage.
Overview
A pro-rata side letter granting an existing investor the right (but not obligation) to invest in future financing rounds up to their current ownership percentage. Common for angels and small check writers who want to preserve ownership through future dilution. Always review with your counsel.
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