Holding enough seats to command a majority of board votes — the power to <em>decide</em> the matters that the board, not shareholders, controls.
How long after close a deal's representations and warranties remain enforceable — the window in which a buyer can bring an <em>indemnification claim</em>.
A list of company actions that require investor consent before they can be taken — the <em>veto rights</em> that protect a minority preferred holder.
A covenant barring a seller or key employee from <em>competing</em> with the business for a set time and area after a deal or departure.
An investor's right to invest in future rounds enough to <em>maintain its ownership</em> percentage and avoid dilution.
A covenant barring a seller or departing employee from <em>soliciting</em> the company's customers or employees for a set period.