District of Columbia Website Subscription Agreement

State:
Multi-State
Control #:
US-01338BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample of a Website Subscription Agreement and is adaptable for use the internet industry. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

It is also a two-way guarantee between a company and a new shareholder (subscriber). The company agrees to sell a certain number of shares at a specific price and, in return, the subscriber promises to buy the shares at the predetermined price.

A subscription is a type of contract, and, therefore, the remedies for its breach are the same as those for breach of contract and include damages and Specific Performance.

Also known as a subscription agreement. The purchase agreement is the principal agreement between the issuer and the investor, or between the issuer and the initial purchasers, in a private placement of debt or equity securities.

Information Included in a Subscription AgreementCompany information.Both parties' expectations.Agreement to subscribe, including the number and price of shares.Subscription rights.Voting preferences.Liquidation and redemption preferences.Terms and conditions for termination before completion.Nomination onto board.More items...

A subscription agreement is an agreement that defines the terms for a party's investment into a private placement offering or a limited partnership (LP). Rules for subscription agreements are generally defined in SEC Rule 506(b) and 506(c) of Regulation D.

Upon the execution hereof by the Investor and full payment of the purchase price for the Shares, subject to acceptance by the Company, the Company will issue to the Investor the Shares subscribed for by the Investor.

Contents of this subscription agreement It is a private document which is not provided to the Companies and Intellectual Property Commission (CIPC). This document sets out the new shares that must be issued to the series seed shareholders.

Summary. A subscription agreement is a formal agreement between a company and an investor to buy shares of a company at an agreed-upon price. It contains all the details of such an agreement, including Outstanding Shares, Shares Ownership, and Payouts.

Subscription agreements, also known as share subscription agreements, are legal contracts that allow an investor to buy shares of a company as a subscriber and shareholder with limited partnerships (LP) or private placement rights.

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District of Columbia Website Subscription Agreement