Utah Subscription Agreement between Charge. Com, Inc. and prospective investor for the purchase of units consisting of common stock and common stock warrant is a legally binding document that outlines the terms and conditions for the sale of investment units in the form of common stock and common stock warrants by Charge. Com, Inc. to prospective investors in the state of Utah. This agreement serves as a contract between the company and the investor, ensuring transparency and protecting the rights of both parties involved. The agreement typically includes several key provisions: 1. Parties Involved: Clearly states the names and contact information of Charge. Com, Inc. (the "Company") and the prospective investor (the "Investor"). 2. Purchase Authorization: Specifies the number of units (shares and warrants) the investor intends to purchase and the purchase price agreed upon by both parties. 3. Representations and Warranties: The investor and the company mutually represent and warrant certain information, such as the investor's financial capability, legal capacity, and understanding of investment risks, and the company's legal existence and authority to issue the securities. 4. Subscription Process: Outlines the procedure for subscription, including details on how the investor will transfer the funds and relevant documentation required for completing the investment. 5. Issuance of Securities: Defines the terms of the issuance, including the conversion price for common stock warrants, anti-dilution provisions, and any restrictions on transferability. 6. Voting Rights: Addresses the investor's right to vote on matters requiring shareholder approval and the process of proxy voting. 7. Confidentiality: Establishes the confidentiality obligations of both parties regarding any non-public information disclosed during the negotiation and execution of the agreement. 8. Termination and Remedies: Sets forth the conditions under which either party may terminate the agreement and the remedies available in case of breach. Types of Utah Subscription Agreements can vary based on the specific terms and conditions. These may include: 1. Common Stock Subscription Agreement: This agreement solely focuses on the purchase of common stock units without the inclusion of common stock warrants. 2. Preferred Stock Subscription Agreement: If the investor wishes to purchase preferred stock units instead of common stock, a separate agreement catering to these specific terms would be created. 3. Convertible Note Subscription Agreement: When the investor's investment is structured as a convertible note rather than the purchase of stock units, a different agreement is established, containing provisions related to debt conversion and interest rates. It is essential to consult legal professionals and carefully review and negotiate the terms of the Subscription Agreement before signing to ensure compliance with all applicable laws and protection of the investor's rights.
Utah Subscription Agreement between Charge. Com, Inc. and prospective investor for the purchase of units consisting of common stock and common stock warrant is a legally binding document that outlines the terms and conditions for the sale of investment units in the form of common stock and common stock warrants by Charge. Com, Inc. to prospective investors in the state of Utah. This agreement serves as a contract between the company and the investor, ensuring transparency and protecting the rights of both parties involved. The agreement typically includes several key provisions: 1. Parties Involved: Clearly states the names and contact information of Charge. Com, Inc. (the "Company") and the prospective investor (the "Investor"). 2. Purchase Authorization: Specifies the number of units (shares and warrants) the investor intends to purchase and the purchase price agreed upon by both parties. 3. Representations and Warranties: The investor and the company mutually represent and warrant certain information, such as the investor's financial capability, legal capacity, and understanding of investment risks, and the company's legal existence and authority to issue the securities. 4. Subscription Process: Outlines the procedure for subscription, including details on how the investor will transfer the funds and relevant documentation required for completing the investment. 5. Issuance of Securities: Defines the terms of the issuance, including the conversion price for common stock warrants, anti-dilution provisions, and any restrictions on transferability. 6. Voting Rights: Addresses the investor's right to vote on matters requiring shareholder approval and the process of proxy voting. 7. Confidentiality: Establishes the confidentiality obligations of both parties regarding any non-public information disclosed during the negotiation and execution of the agreement. 8. Termination and Remedies: Sets forth the conditions under which either party may terminate the agreement and the remedies available in case of breach. Types of Utah Subscription Agreements can vary based on the specific terms and conditions. These may include: 1. Common Stock Subscription Agreement: This agreement solely focuses on the purchase of common stock units without the inclusion of common stock warrants. 2. Preferred Stock Subscription Agreement: If the investor wishes to purchase preferred stock units instead of common stock, a separate agreement catering to these specific terms would be created. 3. Convertible Note Subscription Agreement: When the investor's investment is structured as a convertible note rather than the purchase of stock units, a different agreement is established, containing provisions related to debt conversion and interest rates. It is essential to consult legal professionals and carefully review and negotiate the terms of the Subscription Agreement before signing to ensure compliance with all applicable laws and protection of the investor's rights.
