Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation
What this document covers
The Investment Representation Agreement is a legal document used to formalize the agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation for the acquisition of shares in a private transaction. This agreement details the terms under which Evergreen Resources will purchase restricted shares of stock and ensures compliance with relevant securities laws. Unlike more common investment forms, this agreement emphasizes the private nature of the transaction and contains specific legal representations and warranties made by the investor.
Key parts of this document
- Subscription section detailing the share purchase and total amount involved.
- Representations and warranties made by the undersigned, including investment intent and financial capability.
- Restrictions on resale, highlighting securities are unregistered and must be held indefinitely.
- Registration rights clause specifying conditions under which shares may be included in future registration statements.
- Governing law provision indicating that the agreement is governed by Colorado state law.
Common use cases
This form is necessary when an investor seeks to acquire shares from a corporation in a private transaction and wants to ensure that all legal requirements and representations are clearly outlined. It is particularly useful for situations where the shares being purchased are restricted securities, which cannot be freely sold or traded without meeting specific regulatory criteria.
Intended users of this form
This form is intended for:
- Corporations and their investors engaged in private share transactions.
- Legal professionals drafting investment agreements.
- Individuals or entities looking to formalize their investment in restricted securities.
- Corporate officers or directors involved in private equity transactions.
Instructions for completing this form
- Identify the parties involved and enter their respective names and addresses.
- Specify the number of shares being acquired and the total monetary consideration.
- Review and ensure accurate completion of the representations and warranties section to reflect the undersignedâs position.
- Include any required signatures, including those of officers authorized to enter into the agreement.
- Retain a copy for your records and ensure compliance with any additional regulatory filings as necessary.
Notarization requirements for this form
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Failing to accurately describe the number of shares or the purchase price.
- Not providing all required signatures from authorized representatives.
- Inadequately verifying the financial capability of the undersigned before execution.
- Overlooking the implications of the resale restrictions associated with restricted securities.
Why use this form online
- Convenience of downloading the template for immediate use.
- Editability allows for customization based on specific transaction details.
- Reliability of using legally vetted templates drafted by licensed attorneys.
Legal use & context
- The Investment Representation Agreement establishes clear terms for restricted securities, ensuring protection for both the investor and the issuing corporation.
- Failure to adhere to the representations made can result in legal consequences, including potential liability for misstatements.
What to keep in mind
- The form facilitates private investment agreements between corporations and investors.
- It includes important legal protections and restrictions surrounding the sale and transfer of restricted securities.
- Complete accuracy in all fields is essential to minimize future disputes.
