Subscription Agreement - Short

State:
Multi-State
Control #:
US-S2205-3AM
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a Subscription Agreement document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.
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FAQ

59. Subscription Contract Any contract for the acquisition of unissued stock in an existing corporation or a corporation still to be formed shall be deemed a subscription within the meaning of this Title, notwithstanding the fact that the parties refer to it as a purchase or some other contract. (

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 Subscription Agreement provides for payment of compensation to the Association for its becoming and acting as Attorney-in-Fact. This compensation consists of a membership fee and a percentage of premiums on all policies of insurance or reinsurance issued or effected by the Exchange.

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.

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.

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Subscription Agreement - Short