Hawaii Underwriting Agreement between Internet.Com Corp. and Internet World Media, Inc. regarding the sale and purchase of shares of common stock

• Category: Corporations - Public - Agreements - Underwriting
• State: Multi-State
• Control #: US-EG-9307
• Format: Word; Rich Text

Description

Underwriting Agreement between Internet.Com Corporation and Internet World Media, Inc. regarding the sale and purchase of shares of common stock dated 00/00. 25 pages. Title: Understanding Hawaii Underwriting Agreements: Internet. Com and Internet World Media's Stock Sale & Purchase Undertakings Keywords: Hawaii Underwriting Agreement, Internet. Com Corp., Internet World Media, sale and purchase of shares, common stock Introduction: A Hawaii Underwriting Agreement serves as a legal contract between two parties, Internet. Com Corp. and Internet World Media, Inc., facilitating the selling and purchasing of shares of common stock. This comprehensive article aims to provide a detailed explanation of this agreement, including any potential variations it may encompass. 1. What is a Hawaii Underwriting Agreement? A Hawaii Underwriting Agreement is a contractual agreement established between Internet. Com Corp. and Internet World Media, Inc. for the sale and purchase of shares of common stock. This legally binding document outlines the terms and conditions, obligations, and responsibilities of both parties in relation to the underwriting process. 2. Purpose of the Agreement: The primary purpose of the Hawaii Underwriting Agreement is to facilitate the offering and sale of shares to the public, ensuring compliance with relevant securities regulations. It establishes a framework for allocating shares, the pricing structure, distribution channels, and responsibilities for managing the underwriting process. 3. Key Elements of the Hawaii Underwriting Agreement: a. Share Allocation: The agreement outlines the number of shares being offered and the allocation between Internet. Com Corp. and Internet World Media, Inc. b. Pricing and Terms: It establishes the set price per share and the terms associated with the sale, including any discounts, bonuses, or restrictions. c. Offering Logistics: The agreement specifies the timing, method, and channels for offering the shares to potential investors. d. Representations and Warranties: Both parties provide assurances regarding the accuracy of the disclosed information, financial statements, and compliance with regulations. e. Underwriting Fees: The agreement determines the fees payable to the underwriters for their services. f. Termination Conditions: In case of unforeseen circumstances, the agreement includes provisions for terminating or amending the underwriting deal. g. Legal Obligations: Both parties commit to fulfilling legal obligations necessary for the underwriting, such as SEC filings, due diligence, and disclosure requirements. 4. Potential Variations of Hawaii Underwriting Agreement: a. Firm Commitment Agreement: Internet. Com Corp. and Internet World Media, Inc. may enter into a firm commitment agreement, wherein the underwriter guarantees the purchase of all shares at a predetermined price, assuming the risk if market conditions deteriorate. b. The Best Efforts Agreement: In the best efforts' agreement, the underwriter commits to making their 'best efforts' to sell the shares, but without a guarantee to purchase any unsold shares in the event of under subscription. c. All-or-None Agreement: This type of agreement stipulates that all shares offered must be sold entirely or the deal is terminated. d. Mini-Maxi Agreement: A mini-maxi agreement establishes a minimum and maximum number of shares to be sold, ensuring flexibility in adjusting the offering size based on market demand. Conclusion: The Hawaii Underwriting Agreement between Internet. Com Corp. and Internet World Media, Inc. plays a vital role in facilitating the sale and purchase of shares of common stock. It safeguards the interests of both parties and ensures compliance with legal and financial obligations. Depending on the circumstances and risk appetite, various types of agreements, such as firm commitment, the best efforts, all-or-none, and mini-maxi agreements, may be considered.

Title: Understanding Hawaii Underwriting Agreements: Internet. Com and Internet World Media's Stock Sale & Purchase Undertakings Keywords: Hawaii Underwriting Agreement, Internet. Com Corp., Internet World Media, sale and purchase of shares, common stock Introduction: A Hawaii Underwriting Agreement serves as a legal contract between two parties, Internet. Com Corp. and Internet World Media, Inc., facilitating the selling and purchasing of shares of common stock. This comprehensive article aims to provide a detailed explanation of this agreement, including any potential variations it may encompass. 1. What is a Hawaii Underwriting Agreement? A Hawaii Underwriting Agreement is a contractual agreement established between Internet. Com Corp. and Internet World Media, Inc. for the sale and purchase of shares of common stock. This legally binding document outlines the terms and conditions, obligations, and responsibilities of both parties in relation to the underwriting process. 2. Purpose of the Agreement: The primary purpose of the Hawaii Underwriting Agreement is to facilitate the offering and sale of shares to the public, ensuring compliance with relevant securities regulations. It establishes a framework for allocating shares, the pricing structure, distribution channels, and responsibilities for managing the underwriting process. 3. Key Elements of the Hawaii Underwriting Agreement: a. Share Allocation: The agreement outlines the number of shares being offered and the allocation between Internet. Com Corp. and Internet World Media, Inc. b. Pricing and Terms: It establishes the set price per share and the terms associated with the sale, including any discounts, bonuses, or restrictions. c. Offering Logistics: The agreement specifies the timing, method, and channels for offering the shares to potential investors. d. Representations and Warranties: Both parties provide assurances regarding the accuracy of the disclosed information, financial statements, and compliance with regulations. e. Underwriting Fees: The agreement determines the fees payable to the underwriters for their services. f. Termination Conditions: In case of unforeseen circumstances, the agreement includes provisions for terminating or amending the underwriting deal. g. Legal Obligations: Both parties commit to fulfilling legal obligations necessary for the underwriting, such as SEC filings, due diligence, and disclosure requirements. 4. Potential Variations of Hawaii Underwriting Agreement: a. Firm Commitment Agreement: Internet. Com Corp. and Internet World Media, Inc. may enter into a firm commitment agreement, wherein the underwriter guarantees the purchase of all shares at a predetermined price, assuming the risk if market conditions deteriorate. b. The Best Efforts Agreement: In the best efforts' agreement, the underwriter commits to making their 'best efforts' to sell the shares, but without a guarantee to purchase any unsold shares in the event of under subscription. c. All-or-None Agreement: This type of agreement stipulates that all shares offered must be sold entirely or the deal is terminated. d. Mini-Maxi Agreement: A mini-maxi agreement establishes a minimum and maximum number of shares to be sold, ensuring flexibility in adjusting the offering size based on market demand. Conclusion: The Hawaii Underwriting Agreement between Internet. Com Corp. and Internet World Media, Inc. plays a vital role in facilitating the sale and purchase of shares of common stock. It safeguards the interests of both parties and ensures compliance with legal and financial obligations. Depending on the circumstances and risk appetite, various types of agreements, such as firm commitment, the best efforts, all-or-none, and mini-maxi agreements, may be considered.