The Palm Beach Subscription Agreement between Charge. Com, Inc. and prospective investors is a legal document that outlines the terms and conditions for the purchase of units consisting of common stock and common stock warrants. This agreement serves as a binding contract between the company and the investor, ensuring transparency and protection for both parties involved. The Palm Beach Subscription Agreement includes various clauses and provisions that details the rights and obligations of the investor and the company. It establishes the number of units being purchased, the subscription price, and the terms of payment. Additionally, it outlines the conditions for the issuance of common stock and common stock warrants to the investor. This agreement also covers distribution restrictions, transferability provisions, and any limitations on the investor's ability to sell or transfer their units. It may lay out specific conditions that must be met before the units can be exercised or converted into common stock or common stock warrants. The Palm Beach Subscription Agreement may also address the investor's representation and warranties, ensuring that the investor has the legal capacity to enter into the agreement and that they have conducted their own due diligence on the investment opportunity. Likewise, the agreement may require the investor to provide certain disclosures or representations regarding their financial situation and suitability for the investment. In addition to the standard Palm Beach Subscription Agreement, there may be variations or types of agreements based on specific terms and conditions. These could include: 1. Convertible Subscription Agreement: This type of agreement provides the investor with the option to convert their units into a different form of securities, such as preferred stock, at a predetermined conversion price. 2. Restricted Stock Unit Subscription Agreement: This agreement restricts the investor's ability to sell or transfer their units for a specific period of time, usually referred to as a lock-up period. This is common in cases where the company wants to prevent immediate dilution of its stock. 3. Incremental Subscription Agreement: This agreement allows the investor to purchase additional units in the future, subject to certain conditions and terms negotiated at the time of the initial subscription. It's important to note that the specific terms and conditions of the Palm Beach Subscription Agreement may vary depending on the negotiations between the company and the investor, as well as any relevant regulations or laws. Therefore, it is crucial for both parties to thoroughly review and understand the agreement before entering into the investment transaction.