A subscription contract refers to the private offer memorandum and ensures that the investor has read, understood and recognized everything in it. The assurances and warranties provided in this Agreement are correct and accurate at the time of this Agreement and also apply on the date of payment from the Subscriber to the Company as soon as the Company has accepted the Subscriber`s subscription. Subscriber wishes to subscribe for [NUMBER] of the shares (hereinafter referred to as “Shares”) of the Shares of the Company at a subscription price of $[DOLLAR AMOUNT] per share. The company wishes to express to the subscriber an interest in membership in the form of [NUMBER] shares. A subscription contract is a promise by a company to sell a certain number of shares to an investor at a certain price and an investor`s promise to pay that price. Both parties to this Agreement intend that such subscription will be made in accordance with the corresponding exceptions to prospectuses, registrations and/or similar requirements of communications, rules, injunctions, laws and guidelines of all jurisdictions that apply to the Agreement. PandaTip: This is a subscription agreement to become a member of a limited liability company or “LLC” in the United States. It contains provisions similar to those of a subscription contract for the shareholders of a company, but there are some important differences. 3.4 Irrevocable Design: the subscription is irrevocable on the part of the Subscriber, unless this is provided for by the applicable federal and national securities laws.
This form has been prepared for general information purposes only. They do not constitute legal advice, advertisements, invitations or tax advice. The transmission of this form and the information it contains is not intended to establish a mandate relationship and its receipt does not constitute a justification for a mandate relationship.. . . .