Wisconsin Underwriting Agreement between Internet.Com Corp. and Internet World Media, Inc. regarding the sale and purchase of shares of common stock

• Category: Corporations - Public - Agreements - Underwriting
• State: Multi-State
• Control #: US-EG-9307
• Format: Word; Rich Text

Description

Underwriting Agreement between Internet.Com Corporation and Internet World Media, Inc. regarding the sale and purchase of shares of common stock dated 00/00. 25 pages. Wisconsin Underwriting Agreement: A Comprehensive Guide to the Sale and Purchase of Shares of Common Stock between Internet. Com Corp. and Internet World Media, Inc. Introduction: The Wisconsin Underwriting Agreement plays a significant role in facilitating the sale and purchase of shares of common stock between two prominent entities, Internet. Com Corp. and Internet World Media, Inc. This agreement ensures a transparent and mutually beneficial transaction, providing legal certainty and protection for both parties involved. The following detailed description outlines the key components and types of Wisconsin Underwriting Agreements concerning the sale and purchase of shares of common stock between Internet. Com Corp. and Internet World Media, Inc. I. Purpose and Scope: The Wisconsin Underwriting Agreement serves as a contractual arrangement between Internet. Com Corp. and Internet World Media, Inc. whereby Internet World Media, Inc. acts as an underwriter to facilitate the public offering of Internet. Com Corp.'s shares of common stock. This agreement outlines the rights, responsibilities, and obligations of both parties, ensuring a fair and regulated transaction process. II. Underwriting Agreement Types: 1. Firm Commitment Underwriting Agreement: In a firm commitment underwriting agreement, Internet World Media, Inc. commits to purchasing a specific number of shares of common stock from Internet. Com Corp., guaranteeing the completion of the offering irrespective of the success of the sale. This agreement provides financial assurance to Internet. Com Corp. by ensuring the purchase of shares, thereby eliminating the risk of unplaced shares. 2. The Best Efforts Underwriting Agreement: Under the best efforts underwriting agreement, Internet World Media, Inc. undertakes its best efforts to sell as many of Internet. Com Corp.'s shares as possible to interested investors. Unlike the firm commitment agreement, the underwriter does not provide a guarantee for a specific number of shares. Instead, it acts as a facilitator, leveraging its expertise and network to maximize the sale of shares while working in the best interest of Internet. Com Corp. III. Terms and Conditions: 1. Offering Details: The underwriting agreement specifies the number of shares being offered by Internet. Com Corp., their type (common stock), and the offer price per share. This section also states the expected date and duration of the offering, ensuring all parties are aware of the timeline for completing the transaction. 2. Underwriter's Compensation: The agreement defines the compensation structure for Internet World Media, Inc. as the underwriter, typically in the form of underwriting fees or commissions. These fees are often calculated as a percentage of the total value of the shares sold. 3. Representations and Warranties: Both parties provide representations and warranties to ensure their legitimacy and compliance with relevant laws and regulations. Internet. Com Corp. represents the accuracy of its financial statements, absence of undisclosed material information, and adherence to corporate governance principles. Internet World Media, Inc., as the underwriter, represents its ability to perform its duties professionally and diligently. 4. Termination and Liability: This section outlines the conditions under which the agreement may be terminated, the liabilities of each party in case of breach, and the dispute resolution mechanisms to be followed in case of conflicts. Conclusion: The Wisconsin Underwriting Agreement between Internet. Com Corp. and Internet World Media, Inc. regarding the sale and purchase of shares of common stock encompasses the essential aspects of a well-structured and regulated transaction. With different types available such as firm commitment and best efforts underwriting agreements, this agreement ensures a transparent and efficient process while safeguarding the interests of both parties involved. It provides a legal framework for a successful sale and purchase of shares, fostering trust, and facilitating fair dealings in the Wisconsin stock market.

Wisconsin Underwriting Agreement: A Comprehensive Guide to the Sale and Purchase of Shares of Common Stock between Internet. Com Corp. and Internet World Media, Inc. Introduction: The Wisconsin Underwriting Agreement plays a significant role in facilitating the sale and purchase of shares of common stock between two prominent entities, Internet. Com Corp. and Internet World Media, Inc. This agreement ensures a transparent and mutually beneficial transaction, providing legal certainty and protection for both parties involved. The following detailed description outlines the key components and types of Wisconsin Underwriting Agreements concerning the sale and purchase of shares of common stock between Internet. Com Corp. and Internet World Media, Inc. I. Purpose and Scope: The Wisconsin Underwriting Agreement serves as a contractual arrangement between Internet. Com Corp. and Internet World Media, Inc. whereby Internet World Media, Inc. acts as an underwriter to facilitate the public offering of Internet. Com Corp.'s shares of common stock. This agreement outlines the rights, responsibilities, and obligations of both parties, ensuring a fair and regulated transaction process. II. Underwriting Agreement Types: 1. Firm Commitment Underwriting Agreement: In a firm commitment underwriting agreement, Internet World Media, Inc. commits to purchasing a specific number of shares of common stock from Internet. Com Corp., guaranteeing the completion of the offering irrespective of the success of the sale. This agreement provides financial assurance to Internet. Com Corp. by ensuring the purchase of shares, thereby eliminating the risk of unplaced shares. 2. The Best Efforts Underwriting Agreement: Under the best efforts underwriting agreement, Internet World Media, Inc. undertakes its best efforts to sell as many of Internet. Com Corp.'s shares as possible to interested investors. Unlike the firm commitment agreement, the underwriter does not provide a guarantee for a specific number of shares. Instead, it acts as a facilitator, leveraging its expertise and network to maximize the sale of shares while working in the best interest of Internet. Com Corp. III. Terms and Conditions: 1. Offering Details: The underwriting agreement specifies the number of shares being offered by Internet. Com Corp., their type (common stock), and the offer price per share. This section also states the expected date and duration of the offering, ensuring all parties are aware of the timeline for completing the transaction. 2. Underwriter's Compensation: The agreement defines the compensation structure for Internet World Media, Inc. as the underwriter, typically in the form of underwriting fees or commissions. These fees are often calculated as a percentage of the total value of the shares sold. 3. Representations and Warranties: Both parties provide representations and warranties to ensure their legitimacy and compliance with relevant laws and regulations. Internet. Com Corp. represents the accuracy of its financial statements, absence of undisclosed material information, and adherence to corporate governance principles. Internet World Media, Inc., as the underwriter, represents its ability to perform its duties professionally and diligently. 4. Termination and Liability: This section outlines the conditions under which the agreement may be terminated, the liabilities of each party in case of breach, and the dispute resolution mechanisms to be followed in case of conflicts. Conclusion: The Wisconsin Underwriting Agreement between Internet. Com Corp. and Internet World Media, Inc. regarding the sale and purchase of shares of common stock encompasses the essential aspects of a well-structured and regulated transaction. With different types available such as firm commitment and best efforts underwriting agreements, this agreement ensures a transparent and efficient process while safeguarding the interests of both parties involved. It provides a legal framework for a successful sale and purchase of shares, fostering trust, and facilitating fair dealings in the Wisconsin stock market.