“Straightforward explanations and illustrations of the oftenintimidating mathematical formulas found in transactional and securities related documents.... A very worthwhile guide.” – Legal Information Alert Written for lawyers at all levels of mathematical skill, this book covers the use of numbers, formulas and ratios in securities offerings, mergers and acquisitions, debt financing, venture capital, private equity, and intellectual property. The Lawyers Guide to Formulas in Deal Documents and SEC Filings provides valuable drafting advice and shows you common mistakes that can dramatically affect how much your client receives or has to pay. The authors look closely at both the typical uses of formulas in deal documents and SEC filings and their application in less common contexts. Coverage includes: antidilution provisions (with an “AntiDilution Glossary” that simplifies even complex dilution calculations); working capital; liquidation preferences; debt financing formulas, ratios and metrics to monitor risk; earnouts; carried interest, with sample allocation, distribution and clawback provisions; and IP royalties. Whether you are honing your expertise or simply trying to overcome numbers angst, this unique guide is your secret weapon. It will help you make sense of mathematical equations in situations ranging from the mundane to the esotericand use them to your advantage.
