Subscription Agreement between Ichargeit.Com, Inc. and prospective investor for the purchase of units consisting of common stock and common stock warrant
Overview of this form
The Subscription Agreement is a legal document used by prospective investors to purchase units consisting of common stock and common stock warrants in iChargeit, Inc. This form outlines the terms of the investment and specifies the responsibilities of both the investor and the company. Unlike other stock purchase agreements, this document caters specifically to accredited investors under securities law, ensuring compliance with federal and state regulations.
Key parts of this document
- Identification of the parties involved: iChargeit, Inc. and the prospective investor.
- Investment details including the number of units, share price, and terms of the common stock warrants.
- Instructions for completing and returning the subscription agreement.
- Accredited investor verification sections that ensure compliance with SEC regulations.
- Signature sections for individuals and entities, noting specific ownership details.
- Terms regarding indemnification, transferability, and termination of the agreement.
When this form is needed
This Subscription Agreement is used when an accredited investor wishes to invest in iChargeit, Inc. by purchasing units of common stock and warrants. It is typically utilized during funding rounds or capital raises when the company seeks to attract qualified investors for equity financing.
Who should use this form
- Accredited investors who meet the income or net worth requirements stipulated by the SEC.
- Individuals or entities planning to invest a minimum of $50,000.
- Investment firms, corporations, or trusts looking to acquire shares in a private offering.
- Any prospective investor wanting to formalize their intent to purchase units of iChargeit, Inc.
Steps to complete this form
- Identify the parties by providing the name of the prospective investor and contact information.
- Specify the total amount of investment and units being purchased.
- Initial next to the appropriate investor qualifications in the accreditation section.
- Sign the document in the relevant signature sections depending on whether the investor is an individual or an entity.
- Include a payment method, such as a check made out to iChargeit, Inc., for the total amount of the investment.
- Return two copies of the complete agreement to the companyâs specified address.
Is notarization required?
This form does not typically require notarization to be legally valid. However, some jurisdictions or document types may still require it. US Legal Forms provides secure online notarization powered by Notarize, available 24/7 for added convenience.
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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
- Failure to complete all required sections, which may result in the return of the form.
- Not marking the appropriate categories for investor accreditation.
- Returning only one copy of the Subscription Agreement instead of the required two.
- Overlooking the minimum investment requirement of $50,000.
- Submitting the form without including payment.
Why complete this form online
- Convenient download and completion from any location without the need for a physical appointment.
- Editable templates that can be customized to suit specific investment needs.
- Access to legal forms drafted by licensed attorneys, ensuring professional standards are met.
- Immediate access to necessary forms reduces time delays in investment processing.
Legal use & context
- The Subscription Agreement must comply with both federal and state securities laws.
- Only accredited investors as defined by the SEC are eligible to use this agreement for investment.
- This document is intended to protect the interests of both the investor and the company during the purchase of equity.
Main things to remember
- The Subscription Agreement is essential for accredited investors interested in purchasing equity in iChargeit, Inc.
- Carefully completing the form and adhering to instructions will expedite the investment process.
- Awareness of legal obligations and investor qualifications is crucial for compliance.
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FAQ
ARTICLE 2 SUBSCRIPTION OF NON CONVERTIBLE DEBENTURES Subject to the terms and conditions of this Agreement, and in reliance upon the agreements, undertakings, covenants, warranties and representations set forth in this Agreement, the Investor agrees to subscribe to, and the Company agrees to issue, allot and deliver to
What Is Subscribed? Subscribed refers to newly issued securities that an investor has agreed to, or stated his or her intent to, buy prior to the official issue date. When investors subscribe, they expect to own the designated number of shares once the offering is complete.
A subscription agreement is a formal agreement between a company and an investor to buy shares of a company at an agreed-upon price. The subscription agreement contains all the required details.
Equity Subscription Agreement means any agreement that may be entered into in connection with the Financing Agreements or otherwise, under which a Developer is to subscribe for additional shares to contribute additional capital to the Project Company, or to lend or otherwise advance funds to the Project Company.
A subscription agreement is a formal agreement between a company and an investor to buy shares of a company at an agreed-upon price. The subscription agreement contains all the required details. It is used to keep track of outstanding shares.
Private companies tend to use subscription agreements if they want to raise capital from investors that are private. This can be done by selling either shares or the company's ownership without needing to register with the SEC.Having a subscription agreement will help solidify a promise into a fixed transaction.
The core elements of a Subscription Agreement include Issued Shares, Price Per Share, Payment, Securities Exemption, Evaluation of Risk, and Independent Legal Advice. Other additional clauses can include No Brokers, No General Solicitation, Dispute Resolution, Governing Law, and Further Assurances.
Subscriber agreement means an electronic signature agreement signed by an individual with a handwritten signature. This agreement must be stored until five years after the associated electronic signature device has been deactivated.
