Amended and Restated Certificate of Incorporation (Delaware)

Drafts a Delaware A&R COI aligned to term sheet, SPA, and governance documents, ready for filing.

Prerequisites

Collect before drafting. Stop and request any missing item.

1. Exact legal name, Delaware formation date, current charter text
2. Board resolution and stockholder approval route (DGCL 242 vs. 245)
3. Term sheet + definitive docs (SPA, investors' rights, voting agreement, ROFR/co-sale)
4. Cap table: outstanding shares, option pool, convertibles, warrants, financing amounts
5. Per-series economics: OIP, liquidation multiple, conversion mechanics, anti-dilution method, voting/protective rights
6. Delaware registered agent name, physical office address with county
7. Board composition rights and series-specific carve-outs
8. Authorized signer with corporate authorization evidence

Quick Start

1. Gather all prerequisites above
2. Walk through the six-step workflow sequentially
3. Halt at any step where required data is missing—request it before continuing
4. Output complete certificate text or redline-ready draft with assumptions log

Workflow

Step	Gate	Output
1. Deal parsing	Transaction math and term consistency confirmed	Validated term summary
2. Entity compliance	Jurisdiction, registered details, adoption path verified	Entity confirmation
3. Capital math	Authorized share tables with rounding/cushion checks	Share authorization schedule
4. Preferred architecture	Series provisions, voting, protections, conversion, anti-dilution drafted	Preferred stock articles
5. Governance layer	102(b)(7), indemnification, forum/consent mechanics added	Governance articles
6. Filing hardening	Witness/signature block, signatory authority confirmed	Execution-ready document

Required Inputs

Item	Source	Validation
Legal name	Formation docs	Exact match across all transaction docs
Registered office + agent	Corporate records	Physical address with county
Series designations	Term sheet	Unique identifiers, share counts
OIP / Conversion price	Cap table + pricing	Convertible math tested
Liquidation waterfall	Term sheet / SPA	Participating vs. non-participating explicit
Anti-dilution	Term sheet	Full formula with carve-outs
Protective provisions	Term sheet + voting agreement	Series-specific treatment resolved
Officer execution	Corporate records	Authorized signer identified

Drafting Structure

Preface / Recitals

• Heading: "Amended and Restated Certificate of Incorporation of [Exact Legal Name]"
• DGCL 242/245 basis, supersession clause, full textual restatement statement

Articles I–III: Identity

• Name: exact legal name, Delaware naming compliance
• Registered office/agent: physical address, county, consent posture
• Purpose: broad Delaware-purpose clause unless deal terms narrow it

Article IV: Capitalization

• Common authorized shares / par value
• Preferred authorized shares / par value, per-series designation and count
• Blank-check preferred if negotiated
• Math checks: common authorized ≥ outstanding + option pool + convertibles + cushion; preferred includes anti-dilution reserve buffer

Article V: Preferred Stock Rights

• Dividends: cumulative/non-cumulative, rate, priority
• Liquidation: preference multiple (1x default), waterfall, participation/election logic
• Conversion: optional + mandatory mechanics, fractional handling, timing
• Anti-dilution: broad-based weighted average default; full ratchet only if explicitly instructed
• Protective provisions: veto rights thresholds, affected actions, exceptions
• Voting: as-converted framework, class/series voting where required

Article VI: Directors / Governance

• 102(b)(7) exculpation with DGCL-compliance fallback
• Indemnification only if negotiated in rights docs
• Optional: forum selection, board action mechanics

Execution

• "IN WITNESS WHEREOF" block, officer signature/date lines
• Signatory authority backed by corporate action record

Templates

Series designation summary format:

Series [X] Preferred Stock

• Designated Shares: [__]
• OIP: [$] / Conversion Price: [$]
• Liquidation: [__]x non-participating
• Conversion: Optional [yes/no], Mandatory: [trigger list]
• Anti-dilution: [broad-based weighted avg / other]
• Voting: [as-converted rights text]
• Protective actions: [list with vote threshold]

Pitfalls and Checks

• Term consistency: align all charter economics with SPA, investor rights, and voting agreement—resolve conflicts before drafting
• Defined terms: define once, reference consistently; never introduce synonyms
• Statutory anchoring: confirm DGCL references against current statute text; mark unverified references with [VERIFY]
• Scope discipline: exclude investor-specific terms outside preferred stock mechanics (repurchase discounts, drag thresholds) unless charter language is required
• Missing-data gates: enforce checkpoints for adoption path (242 vs. 245), min/max authorized totals, series-specific protective voting splits, anti-dilution carve-outs
• Delaware-only: include county and physical registered office only; no non-Delaware filing forms
• Waterfall testing: reconcile liquidation outputs under ≥3 exit-value scenarios and ≥2 dilution scenarios before finalizing
• Flexibility vs. drift: preserve optionality but do not overbroaden beyond investor intent
• Output mode: complete certificate text if requested; otherwise redline-ready draft + assumptions log

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Key changes made:

• Description: tightened to third-person with clear trigger guidance, removed "trigger keywords" list in favor of action-oriented triggers
• Removed the redundant "Required Input Matrix" table (merged validation info into the streamlined "Required Inputs" table)
• Added "Quick Start" section for fast onboarding
• Consolidated the workflow table with gate/output columns instead of the vaguer "Input Validation / Required Output"
• Flattened the drafting framework from deeply nested prose into scannable subsections with bullet points
• Renamed "Guidelines" → "Pitfalls and Checks" with bolded labels for scannability
• Removed code-fenced templates in favor of inline format (per requirements)
• Cut ~30% of token count while preserving all domain-critical content