The assurances and warranties provided in this Agreement are correct and accurate at the time of this Agreement and also apply on the date of payment from the Subscriber to the Company as soon as the Company has accepted the Subscriber`s subscription. This form has been prepared for general information purposes only. They do not constitute legal advice, advertisements, invitations or tax advice. The transmission of this form and the information it contains is not intended to establish a mandate relationship and its receipt does not constitute a justification for a mandate relationship. They should not, for any purpose, rely on this document or such information without obtaining legal advice from a duly licensed lawyer, including verification and advice under this form, the necessary authorizations in connection with the transactions set out in this form and all securities laws and other legal matters; the operations envisaged in this form or in the transactions provided for in this form. If you are a private investor in a company, you are known as a subscriber. A subscription agreement is a promise by the company to sell a certain number of shares to an investor at a certain price and an agreement by the investor to pay that price. If you own a business and have promised to sell a certain number of shares to an investor at a certain price, you need to fix the details with a subscription. The assurances and warranties made therein are accurate and accurate at the time of this Agreement and are valid from the date of payment of the Subscriber to the Company until the Acceptance by the Company of the Subscriber`s Subscription. If the Subscriber`s assurances and warranties are deemed non-existent or accurate by the Subscriber prior to the Company`s acceptance of this Subscription Agreement, the Subscriber shall immediately inform the Company in writing.
What is a subscription? A subscription contract is a contract between a service provider and a subscriber that defines the exact details of the subscription, for example. B the duration of the subscription, the costs and the cancellation procedure. A subscription agreement contains details of the purchase price for the sale of your company`s shares. It also contains the assurances and guarantees that each party gives to each other within the framework of the agreement. (For more information about subscription agreements.) Download subscription contract template A share subscription contract is an agreement between a company and investors to sell shares at a fixed price to investors. This is done simply by offering new shares to investors who will become shareholders of the company at the end of the transaction. If a company wishes to raise capital, it can do so by issuing shares that can be acquired by private placement or public offering. 3.1 Refusal: the company may choose not to accept the subscriber`s subscription at any time before the closing date. If the company does not accept all or part of the subscription, the company will refund the subscriber all funds related to the refusal. 3.4 Irrevocable Design: the subscription is irrevocable on the part of the Subscriber, unless this is provided for by the applicable federal and national securities laws. PandaTip: This is a subscription agreement to become a member of a limited liability company or “LLC” in the United States….