# Exits & Liquidity | Raziel Learn (page 3 of 4)

> How to track exits and liquidity: escrows, holdbacks, earnouts, indemnities, secondaries, tender offers, IPO lockups and Rule 144.

Canonical: https://raziel.co/learn/category/exits-liquidity/page/3

## Topics

- [Startups & SAFEs](https://raziel.co/learn/category/startups-safes): SAFEs, convertible notes, priced rounds, cap tables and the investor rights that come with them.
- [SPVs & Funds](https://raziel.co/learn/category/spvs-funds): Commitments, capital calls, distributions, fees, carry and fund performance for LPs and syndicate investors.
- [Exits & Liquidity](https://raziel.co/learn/category/exits-liquidity) (this page): M&A terms, escrows and earnouts, secondaries, tenders, lockups and Rule 144 after the exit.
- [Tax & Compliance](https://raziel.co/learn/category/tax-compliance): K-1s, QSBS, 83(b) elections, opportunity zones, trusts and the rules around private investing.
- [Comparisons](https://raziel.co/learn/category/comparisons): Side-by-side looks at portfolio trackers, investor platforms and the tools angels and LPs use.
- [Markets & Trends](https://raziel.co/learn/category/markets-trends): AltList weekly private markets recaps, sector themes and where alternative assets are heading.
- [Investing Basics](https://raziel.co/learn/category/investing-basics): Portfolio building, diversification, risk and the fundamentals of managing alternative assets.

## Articles

- [How to Track a Go-Shop After Signing](https://raziel.co/learn/go-shop-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track a go-shop after signing. Log the window, bifurcated termination fee, Superior Proposal path, matching rights, and status vs a no-shop.
- [How to Track Representation and Warranty Insurance](https://raziel.co/learn/representation-warranty-insurance-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track representation and warranty insurance. Log binder, limit, retention, term vs survival, exclusions, sole recourse, and claim status.
- [How to Track a Sandbagging Provision](https://raziel.co/learn/sandbagging-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track a sandbagging provision. Log pro versus anti versus silent, governing law, knowledge, schedules, RWI, and any known-breach claim.
- [How to Track a Purchase Price Adjustment Escrow](https://raziel.co/learn/purchase-price-adjustment-escrow-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track a purchase price adjustment escrow. Log separate pot, amount, covered items, sole-source language, true-up window, and release.
- [How to Track a Materiality Scrape After Signing](https://raziel.co/learn/materiality-scrape-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track a materiality scrape after signing. Log single vs double scrape, the 87 percent ABA print, basket interaction, and the RWI overlay.
- [How to Track a Knowledge Qualifier on Reps](https://raziel.co/learn/knowledge-qualifier-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track a knowledge qualifier on reps. Log actual vs constructive (90% ABA), the named people, due inquiry, and claims that turn on knowledge.
- [How to Track Exclusive Remedy and Fraud Carve-Outs](https://raziel.co/learn/exclusive-remedy-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track exclusive remedy after signing. Log the 89 percent ABA clause, fraud definition, 70 percent extra-contractual limit, and cap interaction.
- [How to Track a Non-Reliance Provision After Signing](https://raziel.co/learn/non-reliance-provision-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track a non-reliance provision after signing. Log the 81 percent ABA clause, NOR, fraud carve-out, extra-contractual decks, and claim status.
- [How to Track a Damage Mitigation Provision After Closing](https://raziel.co/learn/damage-mitigation-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track a damage mitigation provision after closing. Log the 56 percent ABA duty, the efforts standard, basket interaction, and claim status.
- [How to Track a Consequential Damages Exclusion After Signing](https://raziel.co/learn/consequential-damages-exclusion-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track a consequential damages exclusion after signing. Log ABA prints (23% consequential, 69% punitive), third-party carve-backs, and claim status.
- [How to Track a 10b-5 Representation After Signing](https://raziel.co/learn/rule-10b5-representation-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track a 10b-5 representation after signing. Log the 5 percent ABA print (down from 67% in 2009), full disclosure, survival, and claim status.
- [How to Track No-Survival Representations After Closing](https://raziel.co/learn/no-survival-reps-tracking) (2026-08-28, Exits & Liquidity, 4 min read): How to track no-survival representations after closing. Log the 41 percent ABA print, RWI sole recourse, surviving carve-outs, and claim status.
- [How to Track a Fraud Exception After Signing](https://raziel.co/learn/fraud-exception-tracking) (2026-08-28, Exits & Liquidity, 4 min read): How to track a fraud exception after signing. Log ABA prints (85% carve-out, 11% undefined, 70% in-agreement limit) and claim status by deal.
- [How to Track Earnout Operating Covenants After Closing](https://raziel.co/learn/earnout-operating-covenant-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track earnout operating covenants after closing. Log ABA prints (18% earnouts, 14% past practice, 5% maximize) and measurement status.
- [How to Track Alleged Breach Indemnity After Signing](https://raziel.co/learn/alleged-breach-indemnity-tracking) (2026-08-28, Exits & Liquidity, 3 min read): How to track alleged breach indemnity after signing. Log the ABA print (27% up from 17%), the RWI correlation, notice timing, and claim status.
- [How to Track an MAE Definition Between Signing and Closing](https://raziel.co/learn/mae-definition-tracking) (2026-08-28, Exits & Liquidity, 4 min read): How to track an MAE definition between signing and closing. Log deferred-close deals (97 of 139), existing-fact language, carve-outs, and status.
- [How to Track an Earnout After the Purchase Agreement](https://raziel.co/learn/earnout-tracking) (2026-08-27, Exits & Liquidity, 4 min read): How to track an earnout after the purchase agreement: log metric, measurement period, target, buyer statement, paid amount, and whether a dispute is open.
- [How to Track a Deemed Liquidation Event After the Charter](https://raziel.co/learn/deemed-liquidation-event-tracking) (2026-08-27, Exits & Liquidity, 5 min read): How to track a deemed liquidation event. Copy the DLE definition, the opt-out vote, the event type, and any DLE Redemption Date from the signed charter.
- [How to Track a Working Capital Adjustment After Close](https://raziel.co/learn/working-capital-adjustment-tracking) (2026-08-27, Exits & Liquidity, 3 min read): How to track a working capital adjustment after close. Log the peg, estimated and final NWC, true-up cash, and any working-capital escrow draw.
- [How to Track Indemnification Survival After Close](https://raziel.co/learn/survival-period-tracking) (2026-08-27, Exits & Liquidity, 3 min read): How to track indemnification survival after close. Log general and fundamental clocks, basket, cap, claim notices, and escrow release dates.
- [How to Track a 10b5-1 Plan After Adoption](https://raziel.co/learn/rule-10b5-1-plan-tracking) (2026-08-27, Exits & Liquidity, 4 min read): How to track a 10b5-1 plan after adoption. Log cooling-off, officer certifications, overlapping plans, and whether the affirmative defense still applies.
- [How to Track an Indemnity Basket After Close](https://raziel.co/learn/indemnity-basket-tracking) (2026-08-27, Exits & Liquidity, 3 min read): How to track an indemnity basket after close. Log deductible vs tipping type, threshold, claims toward the basket, whether it is met, and remaining room.
- [How to Track a Locked Box After Signing](https://raziel.co/learn/locked-box-tracking) (2026-08-27, Exits & Liquidity, 3 min read): How to track a locked box after signing. Log the locked-box date, leakage vs permitted leakage, claims, ticking fee, and whether the equity price stays fixed.
- [How to Track a Right of First Offer on a Share Transfer](https://raziel.co/learn/rofo-tracking) (2026-08-27, Exits & Liquidity, 4 min read): How to track a right of first offer on a share transfer. Log notice date, asking terms, exercise window, accept or decline, and any no-better-terms floor.

## Pages

[1](https://raziel.co/learn/category/exits-liquidity) · [2](https://raziel.co/learn/category/exits-liquidity/page/2) · [3](https://raziel.co/learn/category/exits-liquidity/page/3) · [4](https://raziel.co/learn/category/exits-liquidity/page/4)
