MySQL™: The World’s Most Popular Open Source Database 124 Offer Letter • The signed letter from an interested investor shall be presented to the company no later than 18 March 2003, covering the following topics at a minimum: – Proposed investment size (and distribution between syndicated partners, if applicable) – Proposed pre-money valuation – Proposed partners of the VC firm who would be board members and in charge of the investment for the VC, and list of references for such partners – Detailed comments on any proposed deviations from the existing shareholders’ agreement to be disclosed to parties interested in submitting an offer letter – Proposed timetable and execution plan for completing the transaction – The investor’s comments on the business plan and projections, in order to highlight: • where there is agreement • where there is disagreement or just doubt • where there is an alternative proposal from the investor • what may be missing in the investor’s view – Any other information deemed valuable Copyright 2003 MySQL AB