@open-agreements/open-agreements 0.4.0 → 0.6.2

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

@@ -0,0 +1,95 @@
+{
+  "groups": [
+    {
+      "id": "dividends",
+      "type": "radio",
+      "markerless": true,
+      "subClauseStopPatterns": ["^Liquidation"],
+      "options": [
+        {
+          "marker": "highest Preferred Stock dividend for the applicable series",
+          "trigger": "default"
+        },
+        {
+          "marker": "The holders of then outstanding shares of Preferred Stock shall be entitled to receive, only when, as and if declared",
+          "trigger": { "field": "dividend_type", "equals": "non_cumulative_fixed" }
+        },
+        {
+          "marker": "From and after the date of the issuance of any shares of Preferred Stock, dividends at the rate per annum",
+          "trigger": { "field": "dividend_type", "equals": "cumulative" }
+        }
+      ]
+    },
+    {
+      "id": "liquidation_section_2_1",
+      "type": "radio",
+      "markerless": true,
+      "subClauseStopPatterns": ["^2\\.1Preferential", "^Payments to Holders of Common Stock", "^2\\.2Distribution", "^Deemed Liquidation Events"],
+      "options": [
+        {
+          "marker": "such amount per share as would have been payable had all shares",
+          "trigger": "default"
+        },
+        {
+          "marker": "2.1Preferential Payments",
+          "trigger": { "field": "liquidation_participation", "equals": "participating" }
+        }
+      ]
+    },
+    {
+      "id": "liquidation_section_2_2",
+      "type": "radio",
+      "markerless": true,
+      "subClauseStopPatterns": ["^Deemed Liquidation Events"],
+      "options": [
+        {
+          "marker": "Payments to Holders of Common Stock",
+          "trigger": "default"
+        },
+        {
+          "marker": "Distribution of Remaining Assets",
+          "trigger": { "field": "liquidation_participation", "equals": "participating" }
+        }
+      ]
+    },
+    {
+      "id": "anti_dilution",
+      "type": "radio",
+      "markerless": true,
+      "subClauseStopPatterns": ["^Determination of Consideration"],
+      "options": [
+        {
+          "marker": "determined in accordance with the following formula",
+          "trigger": "default"
+        },
+        {
+          "marker": "4.4.4Adjustment of Conversion Price",
+          "trigger": { "field": "anti_dilution_type", "equals": "full_ratchet" }
+        }
+      ]
+    },
+    {
+      "id": "pay_to_play",
+      "type": "checkbox",
+      "markerless": true,
+      "subClauseStopPatterns": ["^Redemption"],
+      "options": [
+        {
+          "marker": "Special Mandatory Conversion.,",
+          "trigger": { "field": "include_pay_to_play" }
+        }
+      ]
+    },
+    {
+      "id": "redemption_provisions",
+      "type": "checkbox",
+      "markerless": true,
+      "options": [
+        {
+          "marker": "General. Unless prohibited by Delaware law",
+          "trigger": { "field": "include_redemption" }
+        }
+      ]
+    }
+  ]
+}

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
@@ -58,6 +61,10 @@ fields:
     type: string
     description: Optional additional party text or empty string
     default: ''
+  - name: appointing_stockholder_ipo_termination_clause
+    type: string
+    description: Optional clause text that terminates Appointing Stockholder rights at IPO closing
+    default: ''
   - name: indemnification_section_letter
     type: string
     description: Section reference letter for indemnification provisions in the certificate
@@ -66,10 +73,11 @@ 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-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

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

@@ -13,5 +13,8 @@
   "[_____ __, 20___]": "{effective_date}",
   "[specify percentage]": "{specify_percentage}",
   "[45]": "{rofr_response_days}",
-  "[Key Holders]": "{key_holders_label}"
+  "[Key Holders]": "{key_holders_label}",
+  "[________], 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-stock-purchase-agreement/clean.json

@@ -1,13 +1,18 @@
 {
   "removeFootnotes": true,
   "removeParagraphPatterns": [
-    "^This sample document is the work product of a national coalition of attorneys",
-    "^For those who will redline this against prior NVCA versions",
     "^The Stock Purchase Agreement sets forth the basic terms of the purchase and sale of the preferred stock",
     "^Note to Drafter:",
     "^Preliminary Note\\b",
     "^Alternative 1:",
     "^Alternative 2:",
-    "^\\[Alternative"
+    "^\\[Alternative",
+    "^Last [Uu]pdated"
+  ],
+  "removeRanges": [
+    {
+      "start": "^This sample document is the work product",
+      "end": "are flagged as .Revised."
+    }
   ]
 }

package/content/recipes/nvca-stock-purchase-agreement/computed.json

@@ -1,6 +1,13 @@
 {
   "version": "1.0",
   "max_passes": 4,
+  "defaults": {
+    "initial_word_lower": "",
+    "initial_word_title": "",
+    "closing_heading": "Closing.",
+    "optional_plural_suffix": "",
+    "purchaser_scope": "all"
+  },
   "rules": [
     {
       "id": "derive-dispute-resolution-track-arbitration",
@@ -70,6 +77,29 @@
         "judicial_district": "District of Delaware"
       }
     },
+    {
+      "id": "derive-purchaser-scope-narrow",
+      "description": "Narrow consent: each purchaser binds only their own convertible securities.",
+      "when_all": [
+        { "field": "bind_all_convertible_holders_to_convert", "op": "eq", "value": "false" }
+      ],
+      "set_fill": {
+        "purchaser_scope": "such"
+      }
+    },
+    {
+      "id": "derive-closing-type-additional",
+      "description": "When closing_type is additional, populate Initial qualifier fields.",
+      "when_all": [
+        { "field": "closing_type", "op": "eq", "value": "additional" }
+      ],
+      "set_fill": {
+        "initial_word_lower": "initial ",
+        "initial_word_title": "Initial ",
+        "closing_heading": "Initial Closing.",
+        "optional_plural_suffix": "s"
+      }
+    },
     {
       "id": "derive-governing-law-baseline",
       "description": "NVCA SPA governing law clause is fixed to Delaware.",

package/content/recipes/nvca-stock-purchase-agreement/metadata.yaml

@@ -52,30 +52,38 @@ fields:
     type: string
     description: Optional word inserted before Closing in bracketed templates
     default: ""
-  - name: optional_closing_reference
-    type: string
-    description: Optional bracket fragment after Exhibit A in opening purchase clause
-    default: ""
-  - name: optional_clause_text
-    type: string
-    description: Optional alternate purchase-price clause text for conversion scenarios
-    default: ""
+  - name: include_convertible_securities
+    type: boolean
+    description: Include convertible securities conversion clause in Section 1.1(b)
+    default: "false"
+  - name: include_closing_reference
+    type: boolean
+    description: Include "with respect to such Closing" bracket in purchase clause
+    default: "false"
+  - name: purchaser_scope
+    type: string
+    description: Convertible securities consent scope word — set by computed.json from bind_all_convertible_holders_to_convert
   - name: optional_plural_suffix
     type: string
-    description: Optional plural suffix used in bracketed labels like Closing[s]
-    default: ""
+    description: Optional plural suffix — set by computed.json defaults
   - name: closing_heading
     type: string
-    description: Heading text used for single-closing default
-    default: Initial Closing.
+    description: Heading text — set by computed.json defaults
   - name: initial_word_lower
     type: string
-    description: Lowercase word used for single-closing phrasing
-    default: initial
+    description: Lowercase qualifier — set by computed.json defaults and rules
   - name: initial_word_title
     type: string
-    description: Titlecase word used for single-closing phrasing
-    default: Initial
+    description: Titlecase qualifier — set by computed.json defaults and rules
+  - name: bind_all_convertible_holders_to_convert
+    type: boolean
+    description: Purchasers agree on behalf of all convertible security holders to convert (not just their own)
+    default: "true"
+  - name: closing_type
+    type: enum
+    description: Single closing or additional closings
+    options: [single, additional]
+    default: single
   - name: dispute_resolution_mode
     type: enum
     description: Dispute resolution alternative in SPA (Alternative 1 arbitration or Alternative 2 courts)
@@ -121,7 +129,7 @@ fields:
   - name: applicable_purchasers
     type: string
     description: Names of the applicable purchasers
-required_fields:
+priority_fields:
   - company_name
   - investor_name
   - company_counsel

package/content/recipes/nvca-stock-purchase-agreement/normalize.json

@@ -12,22 +12,6 @@
       "trim_unmatched_trailing_bracket": true,
       "expected_min_matches": 1
     },
-    {
-      "id": "fill-initial-closing-minimum-shares",
-      "section_heading": "Conditions of the Purchasers’ Obligations at Closing",
-      "section_heading_any": [
-        "Proceedings and Documents",
-        "Voting Agreement"
-      ],
-      "paragraph_contains": "A minimum of",
-      "paragraph_end_contains": "Shares must be sold at the [Initial] Closing.]",
-      "replacements": {
-        "[_________]": "{minimum_shares_initial_closing}",
-        "[_______]": "{minimum_shares_initial_closing}"
-      },
-      "trim_unmatched_trailing_bracket": true,
-      "expected_min_matches": 1
-    },
     {
       "id": "fill-company-counsel-name",
       "section_heading": "Conditions of the Purchasers’ Obligations at Closing",

package/content/recipes/nvca-stock-purchase-agreement/replacements.json

@@ -8,25 +8,22 @@
   "[name of Investor's counsel]": "{investor_counsel}",
   "[insert name of Company counsel]": "{company_counsel_name}",
   "[name of lead Purchaser]": "{lead_purchaser_name}",
-  "[___]#1": "{series_designation}",
-  "[___]#2": "{series_designation}",
-  "[___]#3": "{series_designation}",
-  "[___]#4": "{series_designation}",
-  "[___]#6": "{series_designation}",
-  "[________]#1": "{agreement_date_month_day}",
-  "[__]#1": "{agreement_year_two_digits}",
-  "[__]#2": "{par_value_per_share}",
-  "[__]#3": "{purchase_price_per_share}",
-  "[__]#4": "{series_designation}",
+  "SERIES > [___]": "{series_designation}",
+  "Series > [___]": "{series_designation}",
+  "is made as of > [________]": "{agreement_date_month_day}",
+  ", 20 > [__]": "{agreement_year_two_digits}",
+  "Stock, $ > [__]": "{par_value_per_share}",
+  "purchase price of $ > [__]": "{purchase_price_per_share}",
+  "such Series > [__]": "{series_designation}",
   "[applicable]": "{applicable_word}",
-  "[with respect to such Closing]": "{optional_closing_reference}",
-  "[or, as applicable, a purchase price of $[___] per share with respect to the shares of Series [____] Preferred Stock being issued [in the Initial Closing] pursuant to any cancellation or conversion of Convertible Securities (as defined below) as set forth in Section 1.3 below]": "{optional_clause_text}",
-  "[s]#1": "{optional_plural_suffix}",
-  "[Initial Closing.]": "{closing_heading}",
-  "[initial]": "{initial_word_lower}",
-  "[Initial]": "{initial_word_title}",
-  "[Initial/applicable]": "{initial_word_title}",
-  "[applicable/Initial]": "{initial_word_title}",
+  "[such/all]": "{purchaser_scope}",
+  "Closing > [s]": "{optional_plural_suffix}",
+  "[Initial Closing.]": { "value": "{closing_heading}", "format": { "underline": true } },
+  "[initial] ": "{initial_word_lower}",
+  "[Initial] ": "{initial_word_title}",
+  "[Initial/applicable] ": "{initial_word_title}",
+  "[applicable/Initial] ": "{initial_word_title}",
+  "[Initial][applicable] ": "{initial_word_title}",
   "[location]": "{arbitration_location}",
   "[judicial district]": "{judicial_district}",
   "[Balance Sheet Date]": "{balance_sheet_date}",
@@ -37,5 +34,11 @@
   "[specify percentage]": "{specify_percentage}",
   "[monthly]": "{financial_reporting_period}",
   "[list the individual director names]": "{director_names}",
-  "[name the applicable Purchasers]": "{applicable_purchasers}"
+  "[name the applicable Purchasers]": "{applicable_purchasers}",
+  "A minimum of > [_________]": "{minimum_shares_initial_closing}",
+  "A minimum of > [_______]": "{minimum_shares_initial_closing}",
+  "expenses of > [_______]": "{investor_counsel}",
+  "U.S. District Court for the District of [_____]": "U.S. District Court for the {judicial_district}",
+  "\u201cSeries > [___]": "{series_designation}",
+  "\"Series > [___]": "{series_designation}"
 }

package/content/recipes/nvca-stock-purchase-agreement/selections.json

@@ -0,0 +1,60 @@
+{
+  "groups": [
+    {
+      "id": "additional_closings",
+      "type": "checkbox",
+      "standalone": true,
+      "markerless": true,
+      "subClauseStopPatterns": ["^Closing Deliverables", "^Defined Terms"],
+      "options": [
+        {
+          "marker": "Additional Closings",
+          "trigger": { "field": "closing_type", "equals": "additional" },
+          "replaceWith": "[Reserved]"
+        }
+      ]
+    },
+    {
+      "id": "tranche_closing_clause",
+      "type": "checkbox",
+      "standalone": true,
+      "markerless": true,
+      "inline": true,
+      "options": [
+        {
+          "marker": ", [Each Purchaser at the Initial Closing shall be obligated to purchase that number of Tranche Closing Shares (as defined below) as is set forth opposite such Purchaser's name on Exhibit A under the heading \"Tranche Closing Shares\" (as to any Purchaser, its \"Tranche Closing Shares\"), as provided in Section [1.2(c)] below.]",
+          "trigger": { "field": "include_tranche_closing", "equals": true },
+          "replaceWith": ""
+        }
+      ]
+    },
+    {
+      "id": "convertible_securities_clause",
+      "type": "checkbox",
+      "standalone": true,
+      "markerless": true,
+      "inline": true,
+      "options": [
+        {
+          "marker": "[or, as applicable, a purchase price of $[___] per share with respect to the shares of Series [____] Preferred Stock being issued [in the Initial Closing] pursuant to any cancellation or conversion of Convertible Securities (as defined below) as set forth in Section 1.3 below]",
+          "trigger": { "field": "include_convertible_securities", "equals": true },
+          "replaceWith": ""
+        }
+      ]
+    },
+    {
+      "id": "closing_reference_bracket",
+      "type": "checkbox",
+      "standalone": true,
+      "markerless": true,
+      "inline": true,
+      "options": [
+        {
+          "marker": "[with respect to such Closing]",
+          "trigger": { "field": "include_closing_reference", "equals": true },
+          "replaceWith": ""
+        }
+      ]
+    }
+  ]
+}

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

@@ -55,7 +55,7 @@ fields:
     type: string
     description: Signature page marker text
     default: Signature Page Follows
-required_fields:
+priority_fields:
   - company_name
   - investor_name
   - key_holder_name

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

@@ -14,5 +14,6 @@
   "[judicial district]": "{judicial_district}",
   "[state]": "{state_of_incorporation_lower}",
   "[specify percentage]": "{specify_percentage}",
-  "[Signature Page Follows]": "{signature_page_marker}"
+  "[Signature Page Follows]": "{signature_page_marker}",
+  "U.S. District Court for the District of [_____]": "U.S. District Court for the {judicial_district}"
 }

package/content/templates/bonterms-mutual-nda/metadata.yaml

@@ -47,7 +47,7 @@ fields:
     description: Courts with jurisdiction over disputes
     default: courts located in San Francisco, California
     section: Legal
-required_fields:
+priority_fields:
   - party_1_name
   - party_2_name
   - effective_date

package/content/templates/bonterms-professional-services-agreement/metadata.yaml

@@ -37,7 +37,7 @@ fields:
     description: 'Type of rights in deliverables: "licensed" or "assigned"'
     default: licensed
     section: Terms
-required_fields:
+priority_fields:
   - customer_name
   - provider_name
   - effective_date

package/content/templates/closing-checklist/metadata.yaml

@@ -27,6 +27,6 @@ fields:
   - name: open_issues
     type: array
     description: Unlinked issues (issue_id, title, status, summary)
-required_fields:
+priority_fields:
   - deal_name
   - updated_at

package/content/templates/common-paper-ai-addendum/metadata.yaml

@@ -162,6 +162,6 @@ fields:
     type: string
     description: Notice email address for the Customer
     section: Signature Block
-required_fields:
+priority_fields:
   - company_name
   - agreement_description

package/content/templates/common-paper-ai-addendum-in-app/metadata.yaml

@@ -106,4 +106,4 @@ fields:
     type: boolean
     description: Customer AI-specific Covered Claims apply
     section: AI Liability
-required_fields: []
+priority_fields: []

package/content/templates/common-paper-amendment/metadata.yaml

@@ -90,7 +90,7 @@ fields:
     type: string
     description: Notice email address for the second party
     section: Signature Block
-required_fields:
+priority_fields:
   - company_name
   - party_1
   - party_2

package/content/templates/common-paper-business-associate-agreement/metadata.yaml

@@ -158,7 +158,7 @@ fields:
     type: string
     description: Notice email address for the Company
     section: Signature Block
-required_fields:
+priority_fields:
   - company_name
   - party_role
   - principal_agreement

package/content/templates/common-paper-cloud-service-agreement/metadata.yaml

@@ -390,7 +390,7 @@ fields:
     type: string
     description: Notice email address for the Customer
     section: Signature Block
-required_fields:
+priority_fields:
   - provider_name
   - customer_name
   - provider_legal_name

package/content/templates/common-paper-csa-click-through/metadata.yaml

@@ -66,7 +66,7 @@ fields:
     type: string
     description: Reference to pricing page
     section: Payment
-required_fields:
+priority_fields:
   - provider_name
   - cloud_service
   - governing_law

package/content/templates/common-paper-csa-with-ai/metadata.yaml

@@ -592,7 +592,7 @@ fields:
     type: string
     description: Notice email address for the Customer
     section: Signature Block
-required_fields:
+priority_fields:
   - company_name
   - provider_name
   - customer_name

package/content/templates/common-paper-csa-with-sla/metadata.yaml

@@ -533,7 +533,7 @@ fields:
     type: string
     description: Notice email address for the Customer
     section: Signature Block
-required_fields:
+priority_fields:
   - company_name
   - provider_name
   - customer_name