Mecklenburg North Carolina Underwriting Agreement between Internet. Com Corp. and Internet World Media, Inc. is a legally binding contract that outlines the terms and conditions for the sale and purchase of shares of common stock between these two entities. This agreement serves to establish the responsibilities, obligations, and rights of both parties involved in the transaction. It ensures transparency and reliability in the underwriting process. The underwriting agreement is a vital component of the financial market, providing a structured framework for the sale and purchase of shares. It helps safeguard the interests of both the issuer, Internet World Media, Inc., and the underwriter, Internet. Com Corp., ensuring a fair and efficient offering to investors. Under this specific Mecklenburg North Carolina Underwriting Agreement, several types can be identified based on the specific terms and conditions outlined. Some of these may include: 1. Firm Commitment Underwriting Agreement: This type ensures that the underwriter agrees to purchase all the offered shares from the issuer at a specified price, assuming the role of a principal. The underwriter then assumes the risk of reselling these shares to investors. 2. The Best Efforts Underwriting Agreement: In this type, the underwriter makes a sincere effort to sell as many shares as possible on behalf of the issuer but is not obligated to purchase any unsold shares. The underwriter acts as an agent and receives a commission on the shares sold. 3. All-or-None Underwriting Agreement: Here, the underwriter agrees to sell all the shares offered by the issuer or none at all. If the underwriter fails to sell the entire offering, the agreement becomes void, and the offering is canceled. 4. Mini-Maxi Underwriting Agreement: This type allows for some flexibility in the number of shares sold. The issuer sets a minimum and maximum threshold, and the underwriter has the discretion to sell any amount between these limits. These different types of underwriting agreements cater to various circumstances and requirements, offering flexibility in the sale and purchase of shares. The Mecklenburg North Carolina Underwriting Agreement between Internet. Com Corp. and Internet World Media, Inc. ensures that both parties are protected and can move forward with the share issuance in a secure and efficient manner.