If you are at your cliff you might want to buy time saying you will take a bad deal but need to run it past lawyers or whatever to make it past the cliff. Then

If you are at your cliff you might want to buy time saying you will take a bad deal but need to run it past lawyers or whatever to make it past the cliff. Then you can have a change of heart after they can't take it by force. Also this goes to show why you should not take a cliff if you see yourself as a founder.