The Washington Underwriting Agreement between Internet. Com Corp. and Internet World Media, Inc. outlines the terms and conditions surrounding the sale and purchase of shares of common stock. This agreement is a legally binding document that governs the relationship between the two parties in the stock offering process. The agreement includes various key provisions such as the agreed-upon price per share, the number of shares being offered, the underwriting fee, the responsibilities of both parties, and the timeframe for the completion of the transaction. It also covers the provisions for the allocation and distribution of shares, the registration of the shares with the Securities and Exchange Commission (SEC), and any potential penalties or liabilities in case of a breach of the agreement. There may be different types of Washington Underwriting Agreements between Internet. Com Corp. and Internet World Media, Inc., based on their specific requirements and circumstances. Some potential variations of the agreement could include: 1. Firm Commitment Underwriting Agreement: This type of agreement guarantees the complete purchase of all the shares being offered by Internet. Com Corp. The underwriter, Internet World Media, Inc., agrees to buy any unsold shares and take on the risk of not being able to resell them. 2. Best-Efforts Underwriting Agreement: In this scenario, the underwriter, Internet World Media, Inc., agrees to use their best efforts to sell the shares, but there is no guarantee of purchasing any unsold shares. The risk of unsold shares remains with Internet. Com Corp. 3. Allotment Agreement: This agreement permits the underwriter, Internet World Media, Inc., to receive an allotment of shares before the offering is made available to the public. This allocation provides the underwriter with an opportunity to evaluate market demand and potentially stabilize the share price. 4. Standby Underwriting Agreement: This agreement is often used in rights offerings. Internet World Media, Inc. agrees to purchase any unsubscribed shares from existing shareholders, ensuring that Internet. Com Corp. receives the necessary funds. Overall, the Washington Underwriting Agreement serves as a critical instrument in facilitating the sale and purchase of shares of common stock between Internet. Com Corp. and Internet World Media, Inc., providing both parties with a clear understanding of their roles and responsibilities in the process.