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Form #1544SUBSCRIPTION (Securities Purchase Agreement)
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SUBSCRIPTION (Securities Purchase Agreement)
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SUBSCRIPTION
(Securities Purchase Agreement)
In
consideration of the premises, and for other lawful and sufficient
consideration, the receipt of which is hereby acknowledged, the undersigned
hereby subscribe to and agree to purchase ______________ shares of
_______________________ for cash at the price of ______________________________
Dollars per share. This subscription may be accepted by the corporation at any
time prior to _________________ (date), and, after such acceptance, the
subscription price hereunder shall be payable in full on demand by the
corporation.
The
undersigned hereby represents and agrees that he/she is a bona fide resident of
the State of ______________________________; that he/she understands that the
securities hereby subscribed will be issued without registration under the federal
securities laws pursuant to an exemption from such laws; that he will not, for
a period of nine months from the last sale by the corporation of the class of
its securities hereby subscribed, sell or transfer or permit the sale or
transfer of the securities hereby subscribed to a person other than a bona fide
resident of the State of _______________; and that he agrees that the
certificates issued to this subscription may be marked with a legend to such
effect.
This the
________ day of _______________ (month), ____ (year)
__________________________________
(Secretary)
Signature
Accepted this
________ day of _______________ (month), ____ (year)
By:
_________________________________ (President)
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legal council before engaging in any action based upon content contained on this
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or any other commercial use is prohibited. This includes reposting forms from this
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a licensed attorney review any legal documents for which you are searching in order
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Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
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