The deal closed elsewhere. Now watch for the wire.

A company is acquired, an escrow releases, an earnout pays out, and the agreement behind it was negotiated and signed entirely outside any tool. Termn records the executed documents, watches for the money, and proves it landed.

Start watching these proceeds free What it costs

Nobody new is contacted · No card to start

Record, watch, prove

Nothing is signed in Termn and nobody new is contacted. The work starts where the paperwork ended.

  1. 01

    Record

    Upload the executed documents the proceeds are due under: the purchase agreement, the payment-instructions letter, the escrow notice. They’re recorded as facts, exactly as signed elsewhere.

  2. 02

    Watch

    The expected wire is on the ledger as a receivable: exact amount, reference, the receiving account. Waiting is active. Termn keeps asking, and a connected account surfaces likely matches for a person to confirm.

  3. 03

    Prove

    The money counts when your own bank evidence confirms it, never when a payer says it was sent and never because software guessed a match. Then the settlement record closes the file.

The payer is never contacted · A person confirms every match · Termn never holds funds

Built for the trust administrator’s actual job

When a trust holds shares through an acquisition, the administrator’s work is vigilance: know what’s owed, watch the account, and keep the file counsel will ask for years later. The settlement record assembles that file as it happens, with what the trust held, what was recorded, and what arrived and when, instead of reconstructing it from statements afterward. For a QSBS position that is the evidence file; whether §1202 applies is counsel’s call, and the record says so.

The situationWhat’s recordedWhat’s watched
Acquisition proceeds due to a trust The merger agreement and paying-agent letter, on file as executed. The wire, at the exact closing-statement figure, into the trust’s account.
Escrow release, months later The escrow agreement and release notice. The release amount, as a second watch in the same workspace with the same contacts.
Earnout tranche The earnout terms as the parties wrote them, never computed by Termn. Each tranche as it comes due, reconciled one wire at a time.

The vocabulary is exact: recorded → expected → received → settled.

One workspace, however long the wait

Your first workspace is free; after that it’s $149 once. An escrow that releases in eighteen months costs nothing extra to keep watching. There is no meter running while it waits.

Administering a trust? The watch lives naturally alongside trust funding: same contacts, one ledger. See all pricing.

Common questions

The agreement was signed outside Termn. Does that matter?
No. Nothing is signed in Termn: you upload the executed documents and they are recorded as facts. Termn’s work starts where the paperwork ended, watching for the money and proving it landed.
Will Termn contact the acquirer or paying agent?
Never. The payer is recorded as a fact, not added as a participant, and no email leaves the channel. Everything happens on the receiving side: your documents, your account, your confirmation.
How does the watching actually work?
The expected wire sits on your ledger as a receivable with the exact amount and account. Termn keeps the follow-up in front of you, and if the receiving account is connected, incoming transactions that look like a match are suggested. A person with authority confirms every match, and nothing reconciles automatically.
Is this useful for QSBS?
The settlement record assembles what counsel will ask for years later: what the trust held, the documents recorded, the proceeds and their dates as confirmed facts. Whether §1202 applies is a determination for your counsel and accountant; Termn keeps the evidence file, not the opinion.
What else fits this shape?
Anything owed under an agreement papered elsewhere: escrow releases months after a closing, earnout tranches, distributions, insurance payouts, an estate paying off a note. Each is a recorded file plus a watched wire in the same workspace.

Before you decide, how this actually works

Plain explanations of the transaction itself, free and open, with the statutes and rules they rest on named and linked.

  1. Escrow releases, earnouts, and money owed after the closing

    The documents were signed months ago. Somebody still has to watch for the wire.

    3 minute read

  2. What “reconciled” actually means

    Three separate facts that most systems collapse into one green tick.

    3 minute read

Everything else is in the learning center.

Finish what the agreement started

Your first workspace is free: one live workspace, unlimited agreements inside it, no card.

Start watching these proceeds free

Rather talk it through first? Contact us at sales@termn.ai.