Massachusetts Underwriting Agreement between Internet. Com Corp. and Internet World Media, Inc. regarding the sale and purchase of shares of common stock is a legally binding contract that outlines the terms and conditions for the underwriting process of issuing new shares to the public or facilitating the sale of existing shares. Underwriting Agreement: The primary type of agreement between Internet. Com Corp. and Internet World Media, Inc. It is a comprehensive document that encompasses all aspects of the underwriting process. Terms and Conditions: This section elaborates on the specific terms and conditions related to the sale and purchase of shares. It covers the number of shares to be sold, the offering price, and any lock-up restrictions or minimum purchase requirements. Issuer's Representations and Warranties: This clause includes statements made by Internet. Com Corp. regarding the accuracy and completeness of the information provided to potential buyers. It ensures that all relevant information has been disclosed to the underwriters. Underwriters' Representations and Warranties: In this section, Internet World Media, Inc. guarantees that they have the necessary legal authority to enter into the agreement and that there are no legal obstacles preventing them from performing their obligations. Closing Conditions: These are the conditions that must be fulfilled before the transaction can be closed successfully. It may include regulatory approvals, delivery of documents, or obtaining necessary consent. Indemnification: This clause outlines the procedures and responsibilities for indemnification, which protects both parties from potential losses or damages incurred during the underwriting process. Underwriters' Discount or Commission: The agreement specifies the compensation to be paid by Internet. Com Corp. to Internet World Media, Inc. in the form of discounts or commissions for their services. Termination: This section identifies the circumstances under which the agreement can be terminated, including breaches of contract or changes in the regulatory environment. Confidentiality: This clause ensures that all parties involved maintain the confidentiality of proprietary information acquired during the underwriting process. Governing Law: The agreement specifies that Massachusetts state laws govern the interpretation and enforcement of the contract. Severability: The severability clause states that if any provision of the agreement is found to be unenforceable or invalid, it will not affect the rest of the agreement, which will remain in full force and effect. Amendments: This outlines the procedures for making changes to the agreement, requiring written consent from both parties. This Massachusetts Underwriting Agreement serves as a critical document for Internet. Com Corp. and Internet World Media, Inc., providing a framework for the sale and purchase of shares of common stock. It ensures transparency, compliance with regulations, and protection of both parties' rights and interests.