| gen. |
subscription agreement (Also known as a purchase agreement. The purchase agreement is the principal agreement between the issuer and the investor in an unregistered offering of debt or equity securities. The agreement, which sets out the terms and conditions of the investment, contains an agreement by the investors to buy the issuer's securities, the purchase price, the representations and warranties of the parties and certain covenants. The issuer obtains certain relevant information from prospective investors to ensure that the investors meet the criteria of the applicable private placement exemptions. PLG Alexander Demidov) |
