Ask HN: Are these terms for accepting angel investment appropriate?

An angel has proposed to invest in my company with these terms:<p>https://docs.google.com/spreadsheet/ccc?key=0AlUHGVGjZyxkdGhGZjk3cU5RSWxNbmR3OFUtWmhUQkE&usp=sharing<p>The key inputs to change are: - valuation - reinvestment - salary<p>Rather than setting up the payments over a fixed time, I set it up to calculate a distribution after each $200,000 - $50,000 to owner 1 and owner 2 as a salary (also can be changed for each $200,000) - Reinvestment of $25,000 (12.5%) for each $200,000<p>Is this acceptable? Is there a status quo for angel investing? ie - what are the terms that SV Angel or YC make?