Rhode Island Underwriting Agreement: The Rhode Island Underwriting Agreement is a legally binding contract between Internet. Com Corp. and Internet World Media, Inc. This agreement focuses on the sale and purchase of shares of common stock in accordance with the specified terms and conditions. It outlines the responsibilities and obligations of both parties involved in the transaction to ensure a fair and transparent process. The agreement serves as a safeguard for both Internet. Com Corp. and Internet World Media, Inc., as it establishes the parameters for the underwriting process. Underwriting refers to the process of determining the value and financial viability of the offering, as well as establishing the terms and pricing for the sale of shares. This agreement includes relevant details such as the total number of shares being offered for sale, the offering price per share, and the timeline for the transaction. It also outlines the method of distribution, whether it is through a public offering, private placement, or any other method agreed upon by the parties. In addition to the general Rhode Island Underwriting Agreement, there may be different types of agreements depending on the specific circumstances of the transaction. These may include: 1. Underwriting Agreement with Firm Commitment: This type of agreement guarantees that the underwriter will purchase the entire offering, regardless of whether they are able to sell all the shares to investors. This provides financial security for the company selling the shares. 2. Underwriting Agreement with Best Efforts: In this type of agreement, the underwriter does not guarantee the purchase of all the shares. They make their best efforts to sell as many shares as possible but are not obligated to buy any unsold shares. This places a greater risk on the company selling the shares. 3. Underwriting Agreement with All-or-None: Here, the underwriter agrees to purchase all the shares or none at all. If they are unable to sell the entire offering, the agreement becomes void. 4. Underwriting Agreement with Standby: This agreement is often used in rights offerings or initial public offerings (IPOs). The underwriter commits to purchasing any unsold shares, which ensures that the company will receive the capital it needs even if the initial offering does not sell out. These different types of Rhode Island Underwriting Agreements allow flexibility in tailoring the terms to suit the specific needs of the company and the underwriter involved. It is vital for all parties to thoroughly review and understand the terms and conditions laid out in the agreement, as it governs their rights, responsibilities, and obligations throughout the underwriting process.