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SAFE PRIMER. A safe is a Simple Agreement for Future Equity. An investor makes a cash. investment in a company, but gets company stock at a later date, in connection with a. specific event. A safe is not a debt instrument, but is intended to be an alternative to. convertible notes that is beneficial for both companies and investors.
By this Security Agreement, you hereby expressly grant to LENDER as Secured Party, in the event of Default, pursuant to the Promissory Note or any of the terms and conditions of the Loan Agreement, an irrevocable right of Secured Party to physically repossess the Security to allow foreclosure upon Secured Partyâs lien.y this Security Agreement, you hereby expressly grant to LENDER as Secured Party, in the event of Default, pursuant to the Promissory Note or any of the terms and conditions of the Loan Agreement, an irrevocable right of Secured Party to physically repossess the Security to allow foreclosure upon Secured Partyâs lien.