Safe
The SAFE (Simple Agreement for Future Equity) sets out the terms under which an investor provides capital to the company in exchange for the right to receive equity upon the occurrence of a future conversion event, such as a qualified equity financing or a liquidity event. The SAFE is designed to provide a streamlined, founder-friendly mechanism for early-stage investment while protecting the interests of both the company and the investor.
Neither HVCA nor the HVCA members, fund managers, law firms, or lawyers involved in the preparation of the documents accept any responsibility for the content of the documents or the consequences of their use, and none of the documents constitute legal advice regarding specific facts or circumstances.
General comments and questions regarding the documents should be sent to the HVCA Legal Committee at jogibizottsag@hvca.hu, as the Legal Committee will continue to update the documents in the future based on market participants’ feedback.