Michigan Sample Securities Purchase Agreement between GEN International, Inc. and Purchasers This Michigan Sample Securities Purchase Agreement is a legally binding document entered into between GEN International, Inc. (hereinafter referred to as "the Company") and the Purchasers. This agreement outlines the terms and conditions under which the Purchasers will purchase securities from the Company in compliance with applicable Michigan laws and regulations. The purpose of this Agreement is to formalize the sale and purchase of securities between the Company and the Purchasers. These securities may include common stock, preferred stock, or any other form of equity or debt instrument issued by the Company. Key provisions of this Agreement include: 1. Identification of Parties: The Agreement identifies the Company and the Purchasers, providing their respective legal names, addresses, and contact information. 2. Purchase Price: The Agreement specifies the agreed-upon purchase price for the securities, detailing the currency and the payment terms. 3. Representations and Warranties: The Agreement includes representations and warranties made by both the Company and the Purchasers regarding their legal capacity, authority, and financial stability. 4. Securities Being Purchased: The Agreement describes the type and quantity of securities being purchased, indicating the issuance date, class, and series (if applicable). 5. Closing and Delivery: The Agreement outlines the process and timeline for the closing of the transaction, including the delivery of securities and payments. 6. Governing Law: As this is a Michigan Sample Securities Purchase Agreement, the document specifies that it will be governed by and interpreted under the laws of the state of Michigan. Different types of Michigan Sample Securities Purchase Agreement between GEN International, Inc. and Purchasers may include: 1. Common Stock Purchase Agreement: Used when the Purchasers are acquiring shares of the Company's common stock. 2. Preferred Stock Purchase Agreement: Applicable when the Purchasers are purchasing shares of the Company's preferred stock, which may have certain rights or privileges not available to common stockholders. 3. Convertible Note Purchase Agreement: This type of agreement is utilized when the Purchasers are purchasing convertible debt securities issued by the Company, which can be converted into equity at a later date. Each of these types of agreements may have specific provisions and terms depending on the nature of the securities being purchased. It is important to note that this document is a sample and should be reviewed by legal professionals to ensure compliance with applicable laws and to tailor it to the specific needs of the parties involved.