The Arkansas Underwriting Agreement between Internet. Com Corp. and Internet World Media, Inc. is a legal document that outlines the terms and conditions surrounding the sale and purchase of shares of common stock. This agreement serves as a contractual agreement between the two companies and ensures a transparent and regulated process for the exchange of stock. Keywords: Arkansas, Underwriting Agreement, Internet. Com Corp., Internet World Media, sale, purchase, shares of common stock. This agreement is crucial in facilitating the smooth transfer of ownership, protecting the rights and interests of both parties involved. It sets forth the obligations and responsibilities of each party participating in the underwriting process, including the underwriter (Internet World Media, Inc.) and the issuer of the stock (Internet. Com Corp.). The Arkansas Underwriting Agreement typically includes provisions related to the following aspects: 1. Price and Quantity: The agreement will specify the price at which the shares of common stock will be purchased and sold, along with the total quantity of shares to be exchanged. 2. Underwriter Commitment: It outlines the underwriter's commitment to purchase the shares from the issuer. This commitment may be subject to contingencies, such as market conditions or the company's financial performance. 3. Representations and Warranties: Both parties provide certain representations and warranties in relation to the stock purchase/sale, ensuring the accuracy of information provided and confirming their legal authority to enter into the agreement. 4. Offering Documents: The agreement may require the issuer to prepare and provide offering documents, such as a prospectus, to the underwriter for review and distribution to potential investors. 5. Allocation and Allotment: It defines the method by which the underwriter will allocate and allot the shares among investors, considering factors like demand, market conditions, and regulatory requirements. 6. Underwriter's Fee: The agreement outlines the underwriter's compensation or fee, usually calculated as a percentage of the total value of shares sold. 7. Indemnification: This section specifies the obligations of both parties concerning indemnification for any losses, damages, or liabilities incurred during or as a result of the transaction. Different types of Arkansas Underwriting Agreements may include: 1. Firm Commitment Underwriting Agreement: Where the underwriter takes on the responsibility of purchasing the entire offering of shares from the issuer, regardless of market demand. 2. The Best Efforts Underwriting Agreement: The underwriter agrees to use their best efforts to sell the shares on behalf of the issuer, but without taking the risk of holding unsold shares. They are not obligated to purchase any unsold shares. 3. All-or-none Underwriting Agreement: The underwriter agrees to sell all the shares or none at all. If the entire offering is not sold, the agreement is terminated, and the shares remain with the issuer. 4. Standby Underwriting Agreement: Typically used in rights offerings, the underwriter commits to buy any shares not purchased by existing shareholders during the subscription period. Overall, the Arkansas Underwriting Agreement plays a vital role in facilitating the sale and purchase of shares of common stock between Internet. Com Corp. and Internet World Media, Inc., ensuring a transparent and regulated process while safeguarding the interests of both parties.