@open-agreements/open-agreements 0.4.0 → 0.5.0

package/README.md

@@ -25,7 +25,7 @@
 
 Fill standard legal agreement templates and produce signable DOCX files. Templates cover NDAs, cloud terms, employment docs, contractor agreements, SAFEs, and NVCA financing documents.
 
-Built by the team behind [UseJunior.com](https://usejunior.com) — in production at Am Law 100 firms.
+**Open Agreements** by [UseJunior](https://usejunior.com) — part of the [UseJunior developer tools](https://usejunior.com/developer-tools/open-agreements). In production at Am Law 100 firms.
 
 ## Quality and Trust Signals
 
@@ -325,6 +325,11 @@ Lookup precedence is:
 
 This keeps default installs simple while allowing advanced users to move large content libraries outside the core package.
 
+## See Also
+
+- [safe-docx](https://github.com/UseJunior/safe-docx) — surgical editing of existing Word documents with coding agents (MCP server)
+- [UseJunior Developer Tools](https://usejunior.com/developer-tools/open-agreements) — product page with install options and template catalog
+
 ## Contributing
 
 See [CONTRIBUTING.md](CONTRIBUTING.md) for how to add templates, recipes, and other improvements.
@@ -392,6 +397,13 @@ MIT
 
 Template content is licensed by their respective authors — CC BY 4.0 (Common Paper, Bonterms), CC BY-ND 4.0 (Y Combinator), or proprietary (NVCA, downloaded at runtime). See each template's `metadata.yaml` for details.
 
+## Privacy
+
+- **Local mode** (`npx`, global install, stdio MCP): all processing happens on your machine. No document content is sent externally.
+- **Hosted mode** (`https://openagreements.ai/api/mcp`): template filling runs server-side. No filled documents are stored after the response is returned.
+
+See our [Privacy Policy](https://usejunior.com/privacy_policy) for details.
+
 ## Disclaimer
 
 This tool generates documents from standard templates. It does not provide legal advice. No affiliation with or endorsement by Common Paper, Bonterms, Y Combinator, NVCA, or any template source is implied. Consult an attorney for legal guidance.

package/content/external/yc-safe-discount/metadata.yaml

@@ -53,7 +53,7 @@ fields:
     type: string
     description: Title of the company signatory (e.g., "CEO")
     section: Signatures
-required_fields:
+priority_fields:
   - company_name
   - investor_name
   - purchase_amount

package/content/external/yc-safe-mfn/metadata.yaml

@@ -51,7 +51,7 @@ fields:
     type: string
     description: Title of the company signatory (e.g., "CEO")
     section: Signatures
-required_fields:
+priority_fields:
   - company_name
   - investor_name
   - purchase_amount

package/content/external/yc-safe-pro-rata-side-letter/metadata.yaml

@@ -39,7 +39,7 @@ fields:
     type: string
     description: Title of the company signatory (e.g., "CEO")
     section: Signatures
-required_fields:
+priority_fields:
   - company_name
   - investor_name
   - date_of_safe

package/content/external/yc-safe-valuation-cap/metadata.yaml

@@ -51,7 +51,7 @@ fields:
     type: string
     description: Title of the company signatory (e.g., "CEO")
     section: Signatures
-required_fields:
+priority_fields:
   - company_name
   - investor_name
   - purchase_amount

package/content/recipes/QUALITY_TRACKER.md

@@ -0,0 +1,35 @@
+# NVCA Recipe Quality Tracker
+
+Tracks quality audit scores and maturity tiers for all 7 NVCA recipes.
+Updated by the `recipe-quality-audit` skill after each audit.
+
+## Scorecard
+
+| Recipe | S | B | F | Total | Tier | Fixture | Last Audit |
+|--------|---|---|---|-------|------|---------|------------|
+| nvca-stock-purchase-agreement | 7/7 | 4/4 | 4/4 | 15/15 | production | spa-*.json | 2026-03-15 |
+| nvca-certificate-of-incorporation | 6/7 | 3/4 | 2/4 | 11/15 | beta | coi-imim-series-c.json | 2026-03-15 |
+| nvca-investors-rights-agreement | ?/7 | ?/4 | ?/4 | ?/15 | beta | — | — |
+| nvca-voting-agreement | ?/7 | ?/4 | ?/4 | ?/15 | beta | — | — |
+| nvca-rofr-co-sale-agreement | ?/7 | ?/4 | ?/4 | ?/15 | beta | — | — |
+| nvca-indemnification-agreement | ?/7 | ?/4 | ?/4 | ?/15 | beta | — | — |
+| nvca-management-rights-letter | ?/7 | ?/4 | ?/4 | ?/15 | beta | — | — |
+
+## Priority Order
+
+Based on legal impact in a typical Series A:
+
+1. ~~SPA~~ (done — production)
+2. **COI** — defines share structure, liquidation preferences, anti-dilution
+3. IRA — information rights, registration rights, board observer
+4. VA — drag-along, voting provisions, board composition
+5. ROFR — transfer restrictions, co-sale rights
+6. Indemnification — director/officer protection
+7. MRL — management rights (simplest document)
+
+## Score Key
+
+- **S** = Structural checks (7 total): file inventory, metadata schema, field coverage, ambiguous keys, smart quotes, source SHA, test fixture
+- **B** = Behavioral checks (4 total): source scan, replacement coverage ratio, unmatched underscores, clean effectiveness
+- **F** = Fill checks (4 total): default-only fill, full-values fill, formatting anomalies, zero-match keys
+- **Tier**: scaffold → beta → production

package/content/recipes/nvca-certificate-of-incorporation/clean.json

@@ -1,8 +1,20 @@
 {
   "removeFootnotes": true,
+  "removeBeforePattern": "^AMENDED AND RESTATEDCERTIFICATE OF INCORPORATIONOF",
   "removeParagraphPatterns": [
     "^Note to Drafter:",
-    "^Preliminary Note\\b",
-    "^Use the following"
+    "^\\[?Use the following",
+    "^Last [Uu]pdated",
+    "^GDSVF"
+  ],
+  "removeRanges": [
+    {
+      "start": "^This sample document is the work product",
+      "end": "are flagged as .Revised."
+    },
+    {
+      "start": "^Preliminary Notes$",
+      "end": "potentially interested party\\."
+    }
   ]
 }

package/content/recipes/nvca-certificate-of-incorporation/computed.json

@@ -0,0 +1,78 @@
+{
+  "version": "1.0",
+  "max_passes": 2,
+  "rules": [
+    {
+      "id": "under-the-name-present",
+      "description": "Include 'under the name' clause when original name provided",
+      "when_all": [{ "field": "original_incorporation_name", "op": "defined" }],
+      "set_fill": { "under_the_name_clause": " under the name ${original_incorporation_name}" }
+    },
+    {
+      "id": "under-the-name-absent",
+      "description": "Remove 'under the name' clause when no original name",
+      "when_all": [{ "field": "original_incorporation_name", "op": "falsy" }],
+      "set_fill": { "under_the_name_clause": "" }
+    },
+    {
+      "id": "no-cumulative-voting-include",
+      "description": "Include 'no cumulative voting' clause (>95% standard)",
+      "when_all": [{ "field": "no_cumulative_voting", "op": "neq", "value": false }],
+      "set_fill": { "no_cumulative_voting_clause": "There shall be no cumulative voting." }
+    },
+    {
+      "id": "no-cumulative-voting-exclude",
+      "description": "Remove 'no cumulative voting' clause",
+      "when_all": [{ "field": "no_cumulative_voting", "op": "eq", "value": false }],
+      "set_fill": { "no_cumulative_voting_clause": "" }
+    },
+    {
+      "id": "common-stock-voting-limitation-include",
+      "description": "Include common stock voting limitation clause (>90% standard)",
+      "when_all": [{ "field": "common_stock_voting_limitation", "op": "neq", "value": false }],
+      "set_fill": { "common_stock_voting_limitation_clause": "; provided, however, that any amendment, alteration, or repeal of any provision of this Restated Certificate (including any Preferred Stock Designation) that would alter or change the powers, preferences, or special rights of one series of Preferred Stock so as to affect them adversely, but shall not so affect the entire class of Preferred Stock, must be approved by the holders of at least a majority of the shares of the affected series, exclusively and as a separate class, irrespective of whether such approval is required by Section 242(b)(2) of the DGCL or by Section 4.3.4 hereof" }
+    },
+    {
+      "id": "common-stock-voting-limitation-exclude",
+      "description": "Remove common stock voting limitation clause",
+      "when_all": [{ "field": "common_stock_voting_limitation", "op": "eq", "value": false }],
+      "set_fill": { "common_stock_voting_limitation_clause": "" }
+    },
+    {
+      "id": "authorized-shares-vote-include",
+      "description": "Include simplified authorized shares vote provision (>95% standard)",
+      "when_all": [{ "field": "authorized_shares_vote_provision", "op": "neq", "value": false }],
+      "set_fill": { "authorized_shares_vote_provision_clause": "The number of authorized shares of Common Stock may be increased or decreased (but not below the number of shares of Common Stock then outstanding) by the affirmative vote of the holders of a majority of the stock of the Corporation entitled to vote, irrespective of the provisions of Section 242(b)(2) of the DGCL." }
+    },
+    {
+      "id": "authorized-shares-vote-exclude",
+      "description": "Remove simplified authorized shares vote provision",
+      "when_all": [{ "field": "authorized_shares_vote_provision", "op": "eq", "value": false }],
+      "set_fill": { "authorized_shares_vote_provision_clause": "" }
+    },
+    {
+      "id": "officer-indemnification-include",
+      "description": "Include officer indemnification (>80% standard)",
+      "when_all": [{ "field": "include_officer_indemnification", "op": "neq", "value": false }],
+      "set_fill": { "or_officer_clause": "or officer" }
+    },
+    {
+      "id": "officer-indemnification-exclude",
+      "description": "Remove officer indemnification",
+      "when_all": [{ "field": "include_officer_indemnification", "op": "eq", "value": false }],
+      "set_fill": { "or_officer_clause": "" }
+    },
+    {
+      "id": "redemption-cross-ref-include",
+      "description": "Include redemption Section 6.1 cross-reference",
+      "when_all": [{ "field": "include_redemption_cross_ref", "op": "eq", "value": true }],
+      "set_fill": { "redemption_cross_ref_clause": " and Section 6.1" }
+    },
+    {
+      "id": "redemption-cross-ref-exclude",
+      "description": "Remove redemption Section 6.1 cross-reference (<5% of deals)",
+      "when_all": [{ "field": "include_redemption_cross_ref", "op": "neq", "value": true }],
+      "set_fill": { "redemption_cross_ref_clause": "" }
+    }
+  ]
+}

package/content/recipes/nvca-certificate-of-incorporation/metadata.yaml

@@ -9,13 +9,97 @@ license_note: >-
   instructions, not the source document.
 source_sha256: d75600769c12724990de48149d7a2bb161f3522daa54b1783672f93697d87d29
 optional: false
+market_data_citations:
+  - id: wsgr-2025
+    label: WSGR Entrepreneurs Report 2023-2025
+  - id: cooley-q4-2025
+    label: Cooley Venture Financing Report Q4 2025
+  - id: fenwick-2024
+    label: Fenwick Silicon Valley Venture Capital Survey 2024
 fields:
+  - name: company_name
+    type: string
+    description: Full legal name of the corporation
+  - name: registered_agent_address
+    type: string
+    description: Street address of the registered agent in Delaware
+  - name: registered_agent_city
+    type: string
+    description: City of the registered agent office
+  - name: registered_agent_county
+    type: string
+    description: County of the registered agent office
+  - name: registered_agent_name
+    type: string
+    description: Name of the registered agent in Delaware
+  - name: total_authorized_shares
+    type: string
+    description: Total number of authorized shares of all classes
+  - name: number_of_classes
+    type: string
+    description: Number of classes of stock (e.g., two)
+    default: two
+  - name: common_shares_authorized
+    type: string
+    description: Number of authorized shares of Common Stock
+  - name: preferred_shares_authorized
+    type: string
+    description: Number of authorized shares of Preferred Stock
+  - name: series_designation
+    type: string
+    description: Series designation for preferred stock (e.g., A, B, C)
+    default: A
   - name: original_issue_price
     type: string
     description: Original purchase price per share of Series A Preferred Stock
   - name: initial_purchase_price
     type: string
     description: Initial Series A purchase price per share
+  - name: liquidation_preference_multiple
+    type: string
+    description: Liquidation preference multiple (e.g., 1, 1.5, 2)
+    default: '1'
+  - name: dividend_rate_percent
+    type: string
+    description: Annual dividend rate percentage on Preferred Stock
+    default: '8'
+  - name: dividend_rate_per_share
+    type: string
+    description: Dividend rate per annum per share of Preferred Stock (dollar amount)
+  - name: preferred_shares_outstanding_threshold
+    type: string
+    description: Minimum shares of Preferred Stock outstanding for protective provisions to apply
+  - name: preferred_director_seats
+    type: string
+    description: Number of Preferred Director board seats
+  - name: preferred_shares_designated_portion
+    type: string
+    description: Portion of preferred shares designated as the named series
+    default: all
+  - name: original_incorporation_name
+    type: string
+    description: Original incorporation name, if different from current company name (leave blank if same)
+  - name: redemption_start_date
+    type: string
+    description: Earliest date on which preferred stock may be redeemed
+  - name: qualified_financing_notice_days
+    type: string
+    description: Days of prior notice required for qualified financing
+  - name: no_cumulative_voting
+    type: boolean
+    description: Include 'no cumulative voting' clause
+  - name: common_stock_voting_limitation
+    type: boolean
+    description: Include clause limiting common stock from vetoing preferred-only amendments
+  - name: authorized_shares_vote_provision
+    type: boolean
+    description: Include simplified vote provision for changing authorized Common Stock count
+  - name: include_officer_indemnification
+    type: boolean
+    description: Include officer indemnification alongside director indemnification
+  - name: include_redemption_cross_ref
+    type: boolean
+    description: Include cross-reference to Section 6.1 (Redemption)
   - name: signature_page_marker
     type: string
     description: Signature page marker text
@@ -34,10 +118,39 @@ fields:
   - name: effective_date
     type: date
     description: Effective date of the certificate of incorporation
-required_fields:
+  - name: adjustment_notice_days
+    type: string
+    description: Days to provide notice of conversion price adjustments
+    default: '10'
+  - name: redemption_interest_rate
+    type: string
+    description: Annual interest rate on unredeemed shares (percentage)
+    default: '12'
+  - name: conversion_notice_days
+    type: string
+    description: Days prior to record date for mandatory conversion notice
+    default: '10'
+  - name: dividend_formula_prefix
+    type: string
+    description: Non-cumulative dividend formula prefix phrase
+    default: the greater of
+  - name: dividend_formula_alt
+    type: string
+    description: Alternative dividend formula phrase
+    default: the sum of
+  - name: acquisition_exception_shares
+    type: string
+    description: Max shares issuable as acquisition consideration without triggering anti-dilution
+  - name: strategic_partnership_exception_shares
+    type: string
+    description: Max shares issuable for strategic partnerships without triggering anti-dilution
+priority_fields:
+  - company_name
   - original_issue_price
   - initial_purchase_price
-  - time_zone
   - par_value
   - specify_percentage
   - effective_date
+  - total_authorized_shares
+  - common_shares_authorized
+  - preferred_shares_authorized

package/content/recipes/nvca-certificate-of-incorporation/replacements.json

@@ -1,9 +1,57 @@
 {
+  "INCORPORATIONOF > [_________]": "{company_name}",
+  "[____________], a corporation": "{company_name}",
+  "name of this corporation is > [_______________]": "{company_name}",
+  "registered agent at such address is > [_____________________]": "{registered_agent_name}",
+  "State of Delaware is > [_____________]": "{registered_agent_address}",
+  "in the City of [__________], County of [__________].": "in the City of {registered_agent_city}, County of {registered_agent_county}.",
+  "authority to issue is > [______]. The Corporation has": "{total_authorized_shares}. The Corporation has",
+  "The Corporation has > [two] classes of stock": "{number_of_classes} classes of stock",
+  "There are > [_____] shares of authorized Common Stock": "{common_shares_authorized} shares of authorized Common Stock",
+  "), and > [______] shares of authorized Preferred Stock": "{preferred_shares_authorized} shares of authorized Preferred Stock",
+  "Common Stock, $ > [_____] par value per share": "{par_value} par value per share",
+  "Preferred Stock, $ > [______] par value per share": "{par_value} par value per share",
+  "[all] of which are hereby designated as “Series A Preferred Stock”": "{preferred_shares_designated_portion} of which are hereby designated as “Series {series_designation} Preferred Stock”",
+  "on or after > [_____________]": "{redemption_start_date}",
   "[insert original purchase price of Series A Preferred Stock]": "{original_issue_price}",
   "[insert initial Series A purchase price]": "{initial_purchase_price}",
+  "greater of (i) > [__ times]": "{liquidation_preference_multiple} times",
+  "equal to > [___ times]": "{liquidation_preference_multiple} times",
+  "shall mean, with respect to any series of Preferred Stock, > [8]%": "{dividend_rate_percent}%",
+  "rate per annum of $ > [___]": "{dividend_rate_per_share}",
+  "when at least > [____]": "{preferred_shares_outstanding_threshold}",
+  "shall be entitled to elect > [__] director[s]": "{preferred_director_seats} director[s]",
+  "shall be entitled to elect > [__] directors of the Corporation": "{number_of_classes} directors of the Corporation",
+  "when at least > [__]": "{preferred_shares_outstanding_threshold}",
+  "at least > [__] days prior": "{qualified_financing_notice_days} days prior",
   "[Signature Page Follows]": "{signature_page_marker}",
   "[Eastern/Pacific]": "{time_zone}",
-  "[$0.001]": "${par_value}",
+  "[$0.001]": "{par_value}",
   "[specify percentage]": "{specify_percentage}",
-  "[________ __, 20__]": "{effective_date}"
+  "[________ __, 20__]": "{effective_date}",
+  "not later than > [10]": "{adjustment_notice_days}",
+  "at least > [10]": "{conversion_notice_days}",
+  "aggregate per annum rate equal to > [12]%": "{redemption_interest_rate}%",
+  "$_______ [insert original purchase price of Series A Preferred Stock]": "{original_issue_price}",
+  "following such action would not exceed $ > [_______]": "{acquisition_exception_shares}",
+  "greater than $ > [_______]": "{strategic_partnership_exception_shares}",
+  "is less than $ > [_______]": "{acquisition_exception_shares}",
+  " [under the name [_______________]]": "{under_the_name_clause}",
+  "[There shall be no cumulative voting.]": "{no_cumulative_voting_clause}",
+  "[; provided, however, that, except as otherwise required by law, holders of Common Stock, as such, shall not be entitled to vote on any amendment to this Amended and Restated Certificate of Incorporation (this “Certificate of Incorporation”) that relates solely to the terms of one or more outstanding series of Preferred Stock if the holders of such affected series are entitled, either separately or together with the holders of one or more other such series, to vote thereon pursuant to this Certificate of Incorporation or pursuant to the General Corporation Law]": "{common_stock_voting_limitation_clause}",
+  "[The number of authorized shares of Common Stock may be increased or decreased (but not below the number of shares thereof then outstanding) by (in addition to any vote of the holders of one or more series of Preferred Stock that may be required by the terms of this Certificate of Incorporation) the affirmative vote of the holders of shares of capital stock of the Corporation representing a majority of the votes represented by all outstanding shares of capital stock of the Corporation entitled to vote, irrespective of the provisions of Section 242(b)(2) of the General Corporation Law.]": "{authorized_shares_vote_provision_clause}",
+  "[all/a majority of the]": "{preferred_shares_designated_portion}",
+  "[the series of]": "the Series {series_designation}",
+  "acquisition of another corporation > [[do not exceed an aggregate of [______] shares of Common Stock (including shares underlying (directly or indirectly) any such Options or Convertible Securities)];] [or]": "{acquisition_exception_shares} shares of Common Stock (including shares underlying (directly or indirectly) any such Options or Convertible Securities)];] [or]",
+  "approved by the Requisite Directors] > [that do not exceed an aggregate of [______] shares of Common Stock (including shares underlying (directly or indirectly) any such Options or Convertible Securities)];]": "that do not exceed an aggregate of {strategic_partnership_exception_shares} shares of Common Stock (including shares underlying (directly or indirectly) any such Options or Convertible Securities)];]",
+  "strategic partnerships > [that do not exceed an aggregate of [______] shares of Common Stock (including shares underlying (directly or indirectly) any such Options or Convertible Securities)].": "that do not exceed an aggregate of {strategic_partnership_exception_shares} shares of Common Stock (including shares underlying (directly or indirectly) any such Options or Convertible Securities)].",
+  "[or officer]": "{or_officer_clause}",
+  "[the greater of]": "{dividend_formula_prefix} ",
+  "[the sum of]": "{dividend_formula_alt}",
+  "[and Section 6.1]": "{redemption_cross_ref_clause}",
+
+  "References to \u201cPreferred Stock\u201d mean the Series A Preferred Stock": "References to \u201cPreferred Stock\u201d mean the Series {series_designation} Preferred Stock",
+  "with respect to the Series A Preferred Stock": "with respect to the Series {series_designation} Preferred Stock",
+  "per share of Series A Preferred Stock": "per share of Series {series_designation} Preferred Stock",
+  "first share of Series A Preferred Stock": "first share of Series {series_designation} Preferred Stock"
 }

package/content/recipes/nvca-certificate-of-incorporation/selections-roadmap.md

@@ -0,0 +1,47 @@
+# COI Selections Roadmap
+
+Research-informed field architecture for future selection sprints, based on Fenwick (2024), Cooley Q4 2025, and WSGR 2023-2025 data.
+
+## Research-Confirmed Defaults (Implemented This Sprint)
+
+| Feature | Market Default | Frequency | Field Type |
+|---|---|---|---|
+| No cumulative voting | Included | >95% | boolean — computed.json |
+| Common stock voting limitation | Included | >90% | boolean — computed.json |
+| Authorized shares vote opt-out | Included | >95% | boolean — computed.json |
+| Officer indemnification | Included | >80% | boolean — computed.json |
+| Redemption cross-ref (§6.1) | Excluded | <5% | boolean — computed.json |
+
+## Future Sprint Priorities
+
+### 1. Dividends Radio Selection
+- 3 mutually exclusive alternatives at paragraph-block level
+- Options: non-cumulative (>95%), cumulative, as-converted only
+- Requires markerless selections with multi-paragraph groups
+- Highest legal impact
+
+### 2. Liquidation Preference Radio
+- 3 alternatives: non-participating 1x (94-96%), participating with cap, full participating
+- Also paragraph-block level, second highest impact
+
+### 3. Protective Provisions Checkbox Group
+- 10-15 individually-toggled sub-clauses
+- Most complex but each is simple include/exclude
+- >80% include standard set
+
+### 4. Anti-Dilution Radio
+- 2 clause blocks: broad-based weighted average (98-100%) vs full ratchet
+- Clean swap between alternatives
+
+### 5. Pay-to-Play + Redemption
+- Optional sections (entire articles)
+- Pay-to-Play: <5% of deals
+- Redemption: 2-5% of deals
+- Can use markerless selection to remove entire articles
+
+## Architecture Notes
+
+- Paragraph-block selections (dividends, liquidation) need markerless groups with multi-paragraph scope
+- Protective provisions need per-clause checkbox groups within a single section
+- Anti-dilution is a clean 2-option radio swap
+- Pay-to-Play and Redemption are article-level toggles (simplest selection type)

package/content/recipes/nvca-indemnification-agreement/metadata.yaml

@@ -19,6 +19,9 @@ fields:
   - name: company_name
     type: string
     description: Name of the corporation providing indemnification
+  - name: agreement_effective_date
+    type: string
+    description: Effective date in the opening clause (e.g., March 20, 2026)
   - name: fund_sponsor_name
     type: string
     description: Name of the sponsoring fund or entity appointing the indemnitee
@@ -66,10 +69,11 @@ fields:
     type: string
     description: Signature page marker text
     default: Signature Page Follows
-required_fields:
+priority_fields:
   - indemnitee_name
   - indemnitee_address
   - company_name
+  - agreement_effective_date
   - indemnitee_role
   - indemnitee_role_plural
   - indemnitee_pronoun_possessive

package/content/recipes/nvca-indemnification-agreement/replacements.json

@@ -1,17 +1,42 @@
 {
-  "[name]": "{indemnitee_name}",
+  "[___________], 20[__]": "{agreement_effective_date}",
   "[address]": "{indemnitee_address}",
   "[corporation]": "{company_name}",
   "[name of fund/sponsor]": "{fund_sponsor_name}",
+  "[Name of Fund/Sponsor]": "{fund_sponsor_name}",
+  "a Delaware corporation (the \"Company\"), and > [name]": "{indemnitee_name}",
+  "to the extent such party is not otherwise subject to service of process in the State of Delaware, irrevocably > [name]": "{indemnitee_name}",
   "[director]": "{indemnitee_role}",
   "[directors]": "{indemnitee_role_plural}",
   "[officer]": "{indemnitee_role_secondary}",
   "[officers]": "{indemnitee_role_secondary_plural}",
-  "[its]": "{indemnitee_pronoun_possessive}",
-  "[their]": "{indemnitee_pronoun_possessive_plural}",
+  "provided by [Name of Fund/Sponsor] and certain of > [its]": "{indemnitee_pronoun_possessive}",
+  "provided by [Name of Fund/Sponsor] and certain of > [their]": "{indemnitee_pronoun_possessive_plural}",
+  "[Bylaws] [and] [Certificate of Incorporation]": "{bylaws_name} and {certificate_name}",
   "[Bylaws]": "{bylaws_name}",
   "[Certificate of Incorporation]": "{certificate_name}",
+  "[The [Bylaws] > [Bylaws]": "{bylaws_name}",
+  "[(iii) appoint, to the extent such party is not otherwise subject to service of process in the State of Delaware, irrevocably [name] > [address]": "{indemnitee_address}",
+  "[The Company hereby acknowledges that Indemnitee has certain rights to indemnification, advancement of expenses and/or insurance provided by [Name of Fund/Sponsor] > [its]": "{indemnitee_pronoun_possessive}",
   "[and Appointing Stockholder]": "{and_appointing_stockholder}",
-  "[E]": "{indemnification_section_letter}",
-  "[Signature Page Follows]": "{signature_page_marker}"
+  "[E] > [Signature Page Follows]": "{indemnification_section_letter}",
+  "[Signature Page Follows]": "{signature_page_marker}",
+  "[Comment:  See In re HealthSouth Corp. Securities Litigation, 572 F.3d 854 (11th Cir. 2009).] > [director]": "{indemnitee_role}",
+  "[consider extending for several years after term of service, even if claim has not yet been paid] > [director]": "{indemnitee_role}",
+  "[Comment:  Sections 7(b) through 7(e) seek to extend statutory indemnification rights pursuant to Section 145(f).] > [director]": "{indemnitee_role}",
+  "[Comment:  Section 3(c) attempts to indemnify the indemnitee against contribution sought from other third parties.] > [director]": "{indemnitee_role}",
+  "[Comment: Use the bracketed language in Section 14 if a version of the indemnification of Appointing Stockholder language is used in Section 1(d)] > [director]": "{indemnitee_role}",
+  "[NOTE: as the Delaware-incorporated Company is already subject to service of process in Delaware, this really only applies to the individual director.] > [director]": "{indemnitee_role}",
+  "[and any federal, state, local or foreign taxes imposed on the Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement] > [director]": "{indemnitee_role}",
+  "[Comment:  Section 4 indemnifies individuals for costs and expenses in serving as a witness in any proceeding relating to such person’s service to the corporation.] > [director]": "{indemnitee_role}",
+  "[Further, the invalidity or unenforceability of any provision hereof as to either Indemnitee or Appointing Stockholder shall in no way affect the validity or enforceability of any provision hereof as to the other.] > [director]": "{indemnitee_role}",
+  "[unless the change in relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors] > [director]": "{indemnitee_role}",
+  "[Comment: As noted in the introduction, Section 1(d) contains optional language extending the indemnification and advancement rights provided to a venture fund’s designee on the board of directors to the venture capital fund appointing the director.] > [director]": "{indemnitee_role}",
+  "[Comment:  This provision integrates indemnification under the agreement with indemnification from other sources by providing that payments under the agreement shall be offset by payments from other sources, other than from the Fund Indemnitors as provided in paragraph (c).] > [director]": "{indemnitee_role}",
+  "[Comment:  This provision is designed to prevent the indemnitee from being indemnified for actions brought by the indemnitee except as otherwise provided. as well as for liability under Section 16(b) of the 1934 Act, for certain reimbursements of the Company by Indemnitee and where payment has already been made under an insurance policy.] > [director]": "{indemnitee_role}",
+  "[Comment:  Section 3(d) provides for contribution by the Company even if the Company is not held jointly liable based on the relative benefit to the Company of the conduct of the indemnitee giving rise to the loss or expenses incurred by the indemnitee and/or the relative fault of the Company and the indemnitee in connection with the matter in question.] > [director]": "{indemnitee_role}",
+  "[Comment:  Some indemnification agreements require the corporation to obtain (or use commercially reasonable or best efforts to obtain) D&O insurance with specified policy limits or other terms.  Instead, this agreement requires the corporation to furnish the Indemnitee with the maximum level of D&O insurance coverage provided to other like parties.] > [director]": "{indemnitee_role}",
+  "[This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives.] > [director]": "{indemnitee_role}",
+  "[Comment:  Section 3(a), in effect, provides that where the corporation and the individual are jointly liable (or if joined, would be), the corporation shall contribute 100% of the liability, and the individual would not be required to contribute anything.  Section 3(a) also prohibits the corporation from entering into any settlement that does not completely release the individual.] > [director]": "{indemnitee_role}",
+  "[Comment:  Section 7(a) provides for a right of adjudication before a Delaware court in the event of certain adverse results under the Agreement.  Some indemnification agreements also provide that Indemnitee, at his or her option, may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration Association.] > [director]": "{indemnitee_role}"
 }

package/content/recipes/nvca-investors-rights-agreement/clean.json

@@ -1,12 +1,20 @@
 {
   "removeFootnotes": true,
   "removeParagraphPatterns": [
+    "^An Investors['\u2019] Rights Agreement can cover many different subjects",
     "^Note to Drafter:",
     "^Preliminary Note\\b",
     "^Alternative 1:",
     "^Alternative 2:",
     "^Alternative:",
     "^\\[Alternative",
-    "^Annex 2"
+    "^Annex 2",
+    "^Last [Uu]pdated"
+  ],
+  "removeRanges": [
+    {
+      "start": "^This sample document is the work product",
+      "end": "are flagged as .Revised."
+    }
   ]
 }

package/content/recipes/nvca-investors-rights-agreement/metadata.yaml

@@ -59,7 +59,7 @@ fields:
   - name: checklist_delivery_date
     type: string
     description: Date the compliance checklist is being delivered
-required_fields:
+priority_fields:
   - company_name
   - company_name_short
   - investor_name

package/content/recipes/nvca-investors-rights-agreement/replacements.json

@@ -14,5 +14,8 @@
   "[description of business]": "{business_description}",
   "[Signature Page Follows]": "{signature_page_marker}",
   "[_________ __, 20__]": "{effective_date}",
-  "[Date checklist is being delivered]": "{checklist_delivery_date}"
+  "[Date checklist is being delivered]": "{checklist_delivery_date}",
+  "[________], 20[__]": "{effective_date}",
+  "among [____________], a Delaware": "among {company_name}, a Delaware",
+  "U.S. District Court for the District of [_____]": "U.S. District Court for the {judicial_district}"
 }

package/content/recipes/nvca-management-rights-letter/metadata.yaml

@@ -37,7 +37,7 @@ fields:
     type: string
     description: Signature page marker text
     default: Signature Page Follows
-required_fields:
+priority_fields:
   - company_name_upper
   - investor_name
   - investor_name_upper

package/content/recipes/nvca-rofr-co-sale-agreement/clean.json

@@ -2,6 +2,16 @@
   "removeFootnotes": true,
   "removeParagraphPatterns": [
     "^Note to Drafter:",
-    "^Preliminary Note\\b"
+    "^Preliminary Note\\b",
+    "^\\[?Alternative 1:",
+    "^\\[?Alternative 2:",
+    "^\\[Alternative",
+    "^Last [Uu]pdated"
+  ],
+  "removeRanges": [
+    {
+      "start": "^This sample document is the work product",
+      "end": "are flagged as .Revised."
+    }
   ]
 }

package/content/recipes/nvca-rofr-co-sale-agreement/metadata.yaml

@@ -26,6 +26,10 @@ fields:
     type: string
     description: Additional counsel to CC on notices, or empty string if none
     default: ''
+  - name: optional_blank_value
+    type: string
+    description: Empty-value replacement used to clear optional bracketed drafting text and formatting artifacts
+    default: ''
   - name: amended_restated_upper
     type: string
     description: Uppercase prefix if amending a prior agreement (e.g. AMENDED AND RESTATED) or empty string
@@ -63,7 +67,7 @@ fields:
     type: string
     description: Label for the key holders group (e.g. Key Holders or Founders)
     default: Key Holders
-required_fields:
+priority_fields:
   - company_name
   - investor_name
   - key_holder_name