Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / term-sheet-executed.docx
term-sheet-executed.docx
Parties
ARRANGEMENT Brightfield Cloud Services Inc
Harkness LLP
Brightfield Cloud Services Inc
Vantage's PLC
Keene LLP
Dates
December 19, 2025
January 31, 2026
September 3, 2025
Amounts
$5,000,000
$15,000,000
$750,000
$4,250,000
$4,100,000
$900,000
$7,500,000
$10,000,000
$500,000
$5,200,000
Obligations
No party shall have any legal obligation arising from this Term Sheet except as expressly set forth in Section 14 (Exclusivity and Confidentiality) below
Section 3: Licensed Technology The technology to be licensed by BCS to Vantage under the Definitive Agreement (the "Licensed Technology") shall consist of the following components: (a) BrightEdge SaaS Subscription Software
All technical specifications, performance benchmarks, compatibility requirements, and form-factor details for each component of the Licensed Technology shall be set forth in one or more technical exhibits to be attached to the Definitive Agreement
The territory in which Vantage shall be authorized to market, distribute, and resell the Licensed Technology under the Definitive Agreement shall be the United States of America and Canada (the "Territory")
Any request by Vantage to expand the Territory shall be considered by BCS in good faith, and any such expansion shall be subject to mutually agreed commercial terms to be documented in an amendment to the Definitive Agreement
The reseller appointment contemplated by this Term Sheet shall be non-exclusive