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OPEN WATER SWIMMING SAFETY GUIDELINES Coaching a training group The following document is published by Swim Ontario with Swimming Canadas approval and is revised from the original with an Appendix

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Preparing for a SAFE (Simple Agreement for Future Equity) involves the processes and documentation required to create a legally binding agreement between an investor and a startup company, outlining the terms of equity conversion at a later date.

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Startups seeking investment through a SAFE are required to prepare and file the agreement with their investors. Typically, both parties (the startup and the investor) need to be involved in this process.

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The information that must be reported includes the investor's identity, investment amount, conversion terms, valuation cap, discount rate, and any specific provisions related to the SAFE.

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