The New Jersey Investment Intent Letter is a legal document that outlines an individual or entity's intention to invest in a company by purchasing/common shares of its stock. This letter serves as a preliminary agreement between the investor and the company, expressing the investor's commitment to provide capital in exchange for ownership rights in the form of shares. The Intent Letter typically includes key details such as the investor's name, contact information, the company's name, details about the proposed investment, such as the number of shares and their price, and any conditions or terms that need to be met before the investment is finalized. It is important to note that the contents of the Intent Letter may vary depending on the specific circumstances of the investment. The Appointment of the Representative Agreement, also referred to as a Power of Attorney or Proxy Agreement, is a separate document that authorizes a designated representative to act on behalf of the investor. This agreement grants the representative the power to exercise certain rights regarding the issued shares of common stock. The representative appointed under this agreement may have various responsibilities and authorities, such as voting on behalf of the investor at shareholder meetings, receiving dividends or other financial benefits related to the shares, and participating in corporate actions such as mergers or acquisitions. The agreement outlines the scope of authority, duration, and any specific instructions or limitations granted to the representative. It is worth noting that there may be different variations or types of New Jersey Investment Intent Letters and Appointment of the Representative Agreements. Some common variations include: 1. New Jersey Investment Intent Letter for Minority Stake: This type of letter is used when an investor intends to acquire a minority stake in a company's common stock. It may contain additional clauses highlighting the rights and limitations associated with owning a minority stake. 2. New Jersey Investment Intent Letter for Majority Stake: In contrast to the minority stake, this letter addresses an investor's intention to acquire a majority stake in a company's common stock, providing more detailed provisions regarding decision-making power and control. 3. New Jersey Investment Intent Letter for Preferred Stock: This version of the letter is used when an investor wishes to invest in a company's preferred stock to common stock. It would outline the terms associated specifically with preferred stock, such as dividend preferences or conversion rights. 4. New Jersey Appointment of the Representative Agreement for Institutional Investors: This type of agreement caters to institutional investors, such as investment banks or pension funds, which may have specific requirements and protocols to follow when appointing a representative for their invested shares. The specific names and variations of these documents may differ slightly, but their purpose remains the same — to outline an investor's intention to invest in issued shares of common stock and appoint a representative to act on their behalf.