There are a few things to keep in mind when creating an angels investment agreement:
1. Make sure your angels are aware of all the risks involved in investing in your company or product. Include disclosure about potential downsides such as financial loss, dilution, and SEC regulation.
2. Document what each party will do to protect themselves from possible losses. For example, if a partner falls short on payments, document how that will be resolved and who will be responsible for ensuring that happens.
3. Make sure each partner knows their role in the business and understands their responsibilities to the other partners. This document can help keep everything moving forward smoothly and efficiently when it comes time for another round of funding or product development.