Allegheny Pennsylvania 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
• County: Allegheny
• 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. Allegheny Pennsylvania Underwriting Agreement An Allegheny Pennsylvania Underwriting Agreement is a legal contract entered into by Internet. Com Corp. and Internet World Media, Inc. This agreement pertains to the sale and purchase of shares of common stock between the two entities. It outlines the terms and conditions under which the underwriting process will take place, ensuring the successful sale of the stocks. The specific terms of the Allegheny Pennsylvania Underwriting Agreement may vary depending on the agreement's nature, purpose, and parties involved. However, it typically includes the following key provisions: 1. Parties: The agreement clearly identifies the parties involved, namely Internet. Com Corp. as the company offering the shares and Internet World Media, Inc. as the underwriter responsible for selling the shares to the public. 2. Stock Offering: The agreement outlines the details of the common stock offering, such as the number of shares being sold, the offering price, and any authorized or issued shares. 3. Underwriting Responsibilities: It provides a comprehensive description of Internet World Media, Inc.'s obligation as the underwriter, including the underwriter's commitment to purchase the shares from the company and sell them in the public market. This section may also include provisions regarding the underwriter's compensation, fees, and expenses. 4. Representations and Warranties: The agreement includes various representations and warranties made by both parties. Internet. Com Corp. ensures that it has the authority to offer and sell the shares, and that all necessary approvals and filings have been obtained. Internet World Media, Inc. represents that it is a registered and licensed underwriter, capable of fulfilling its responsibilities. 5. Conditions Precedent: The underwriting agreement may outline certain conditions that must be met before the underwriter's obligations come into effect. This can include regulatory approvals, due diligence, or satisfactory documentation. 6. Indemnification: The agreement typically includes provisions for indemnification, stating that both parties will protect and hold harmless the other from any losses, damages, or liabilities incurred during the underwriting process. Types of Allegheny Pennsylvania Underwriting Agreements: 1. Firm Commitment Underwriting Agreement: This type of agreement stipulates that the underwriter is required to purchase all the offered shares from the company, even if they are unable to sell them all to investors. 2. The Best Efforts Underwriting Agreement: In this agreement, the underwriter will use their best efforts to sell the shares but does not guarantee the purchase of any unsold shares. They are not obligated to buy the remaining shares if they are unable to find buyers. 3. All-or-None Underwriting Agreement: This agreement states that all the shares must be sold or the underwriter will not purchase any of them. If the underwriter cannot sell all the shares within a specified timeframe, the agreement becomes void. 4. Standby Underwriting Agreement: This type of agreement is often used in connection with rights offerings or other sizable stock issuance. The underwriter agrees to purchase any shares not bought by existing shareholders, ensuring the success of the issuance. In summary, an Allegheny Pennsylvania Underwriting Agreement serves as a legally binding contract between Internet. Com Corp. and Internet World Media, Inc. It outlines the terms and conditions of the sale and purchase of shares of common stock and can vary based on the specific agreement type, such as firm commitment, the best efforts, all-or-none, or standby.

Allegheny Pennsylvania Underwriting Agreement An Allegheny Pennsylvania Underwriting Agreement is a legal contract entered into by Internet. Com Corp. and Internet World Media, Inc. This agreement pertains to the sale and purchase of shares of common stock between the two entities. It outlines the terms and conditions under which the underwriting process will take place, ensuring the successful sale of the stocks. The specific terms of the Allegheny Pennsylvania Underwriting Agreement may vary depending on the agreement's nature, purpose, and parties involved. However, it typically includes the following key provisions: 1. Parties: The agreement clearly identifies the parties involved, namely Internet. Com Corp. as the company offering the shares and Internet World Media, Inc. as the underwriter responsible for selling the shares to the public. 2. Stock Offering: The agreement outlines the details of the common stock offering, such as the number of shares being sold, the offering price, and any authorized or issued shares. 3. Underwriting Responsibilities: It provides a comprehensive description of Internet World Media, Inc.'s obligation as the underwriter, including the underwriter's commitment to purchase the shares from the company and sell them in the public market. This section may also include provisions regarding the underwriter's compensation, fees, and expenses. 4. Representations and Warranties: The agreement includes various representations and warranties made by both parties. Internet. Com Corp. ensures that it has the authority to offer and sell the shares, and that all necessary approvals and filings have been obtained. Internet World Media, Inc. represents that it is a registered and licensed underwriter, capable of fulfilling its responsibilities. 5. Conditions Precedent: The underwriting agreement may outline certain conditions that must be met before the underwriter's obligations come into effect. This can include regulatory approvals, due diligence, or satisfactory documentation. 6. Indemnification: The agreement typically includes provisions for indemnification, stating that both parties will protect and hold harmless the other from any losses, damages, or liabilities incurred during the underwriting process. Types of Allegheny Pennsylvania Underwriting Agreements: 1. Firm Commitment Underwriting Agreement: This type of agreement stipulates that the underwriter is required to purchase all the offered shares from the company, even if they are unable to sell them all to investors. 2. The Best Efforts Underwriting Agreement: In this agreement, the underwriter will use their best efforts to sell the shares but does not guarantee the purchase of any unsold shares. They are not obligated to buy the remaining shares if they are unable to find buyers. 3. All-or-None Underwriting Agreement: This agreement states that all the shares must be sold or the underwriter will not purchase any of them. If the underwriter cannot sell all the shares within a specified timeframe, the agreement becomes void. 4. Standby Underwriting Agreement: This type of agreement is often used in connection with rights offerings or other sizable stock issuance. The underwriter agrees to purchase any shares not bought by existing shareholders, ensuring the success of the issuance. In summary, an Allegheny Pennsylvania Underwriting Agreement serves as a legally binding contract between Internet. Com Corp. and Internet World Media, Inc. It outlines the terms and conditions of the sale and purchase of shares of common stock and can vary based on the specific agreement type, such as firm commitment, the best efforts, all-or-none, or standby.