When you add the documents that investors must sign when they participate in your deal, you can allow them to be processed for electronic signature completely within Groundbreaker. Groundbreaker uses Hellosign to facilitate the exchange of electronic signatures.
To get to your subscription documents:
=> Select Menu from the Home Dashboard
=> Then select Investment Entities
=> Click on the Investment Entity you want to update
=> Click on Subscription
=> Click on View documents
When you access your subscription documents, you will see a button for each to Prepare doc for signing.
Creating the Template
When you click Prepare doc for signing, your document will display in a work area with a list of available fields on the left. This is where you will identify where signatures, initials, dates, etc. are required and create the template that manages the electronic signatures for the agreement.
To specify where a field should appear, simply drag and drop the name of the field from the list on the left directly into your document where the user will be prompted to complete it.
When you click on one of the fields you have added to the template, you can change the formatting properties as shown on the right side of the page.
There are several different types of fields you can include in the documents. Some fields have an option to customize the text formatting. Others require you to provide additional logic or values that will govern how they are presented. If you add fields that require an action or selection by a signee, you can choose to mark them as required or optional.
Signature Fields - These are the fields your investors will use to sign the document, giving them the option to either type in their signature or draw it. You will almost always include the Signature field in your templates.
Auto-fill fields - These fields are used to populate your document with known information. Note that the fields, other than the date field, are based on the user's Hellosign profile which is not supported at this time. If you add any auto-fill fields other than Date Signed, those will be blank in the document. You will almost always include the Date Signed field in your templates.
Standard Fields - You can add these customizable fields to your document to require specific information from the signee. You will see additional dialog boxes appear on the right side of the work area if you choose one of these fields.
Textbox - You can require the signee to provide a requested data field at time of signature
Checkbox - You can require the signee to make a selection by checking or unchecking a box
Dropdown - You can have the signee choose from a list shown in a dropdown box
Radio Group - You can require the signee to select one of the radio button options you specify
Standard fields also offer you a lot of flexibility. For each field, you have several options
Set the field as required - the signee must complete the field
Set the default - for fields that request the signee to make a selection, you can preset the default
Conditional logic - you can create rules that will govern what other fields will be displayed to (or hidden from) the signee based on the content of the field
If applicable, you will choose who will fill out the field added to the template from the drop-down list on the right. Depending on the field, you may see these options:
Subscriber - the subscriber who is agreeing to the deal
GP - the authorized counter-signer for the deal
Me (now) - the person who is creating the template
Sender - the person who is sending the document for signature
The assignments are color-coded so that you can identify where each signee’s signature and/or assigned field will be.
In this example, the subscriber’s signature, date, and initials are blue and the GP’s counter signature fields are identified in orange. Click on Continue at the top right of the page to save the template.
When the template for each document is complete, the documents will show as ready for subscribers.
If you have more questions or feedback, please use the live chat in-app (located in the bottom right corner) or contact firstname.lastname@example.org.