True/False for the following:

1) Dilution of ownership is a benefit to an early stage venture capitalist because it indicates that other investors want a share of the same venture.

2) The sole objective of a term sheet from the investors point of view is to maximize their upside in the event of an exit.

3) The right of first refusal and co-sale clause in a term sheet will address the rights of a Venture Capitalist to either sell or buy shares at the same terms as a proposed sale or purchase by a founder or other shareholder.

4) The exclusivity clause in a term sheet prohibits the founder from contacting other venture capitalists to get a better or similar offer for a set period of time.

5) Preemption rights give a Venture Capitalist the right to buy shares in future rounds of financing to preserve their current interest in the company.