{"iri":"http://lmss.sali.org/R7lf0A1jIEuJv35dVQwjxlI","id":"R7lf0A1jIEuJv35dVQwjxlI","label":"Simple Agreement for Future Equity","definition":"A Simple Agreement for Future Equity (SAFE) is a contractual agreement between an investor and a company wherein the investor provides capital to the company in exchange for the rights to receive equity at a later date. The equity is usually issued during a subsequent financing round, at which point the SAFE converts based on the terms set forth in the agreement.","prefLabels":["SAFE Agreement"],"altLabels":["Future Equity Agreement"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RDt4vQCYDfY0R9fZ5FNnTbj","label":"Document / Artifact"},"parents":[{"iri":"http://lmss.sali.org/RCAIUgUHLdwFdtdPTruyEgL","id":"RCAIUgUHLdwFdtdPTruyEgL","label":"Venture Capital Financing Documents"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R7lf0A1jIEuJv35dVQwjxlI/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}