Rhode Island Subscription Agreement is a legal contract between Charge. Com, Inc. (referred to as the "Company") and a prospective investor, governing the purchase of units consisting of common stock and common stock warrant. This agreement outlines the terms and conditions under which the investor can acquire these units and become a shareholder of the Company. The Rhode Island Subscription Agreement includes various clauses and provisions that protect the interests of both parties involved. It typically includes information such as the number of units subscribed for, the purchase price of each unit, and the method of payment. It also outlines the rights, privileges, and restrictions associated with owning the common stock and common stock warrant. Some key terms and concepts relevant to the Rhode Island Subscription Agreement include: 1. Units: These are the securities being offered for purchase, which comprise a combination of common stock and common stock warrant. The number of units subscribed for is usually specified in the agreement. 2. Common Stock: This represents ownership in the Company and often grants voting rights and a share in profits. 3. Common Stock Warrant: A warrant is a financial instrument that gives the holder the right to purchase additional shares of common stock from the Company at a predetermined price within a specific timeframe. 4. Purchase Price: The agreed-upon price at which the investor will acquire each unit. It may be a fixed amount or subject to adjustments, as defined in the agreement. 5. Method of Payment: Specifies how the investor will make the required payment for the purchased units, such as cash, check, or wire transfer. 6. Rights and Privileges: The agreement clarifies the rights and privileges the investor will have as a shareholder, including voting rights, dividend entitlement, and potential participation in future stock offerings. 7. Restrictions: Various restrictions may be imposed on the investor, such as limitations on transferring the units, selling the common stock, or exercising the common stock warrant. 8. Representations and Warranties: Both the Company and the investor make certain representations and warranties, ensuring that they have the legal capacity to enter into the agreement and that the information provided is accurate and true. It is worth noting that specific variations of the Rhode Island Subscription Agreement may exist depending on the context or the nature of the offering. These may include different types of units offered, varying subscription terms, and additional provisions tailored to the specific needs of the Company and the investor.