Executed Subscription Agreement

PandaTip: A subscription contract is what you use to get investor payments in exchange for your company`s equity. It was preceded by a private offer memorandum containing the document containing specific details on the amount of equity you offer and the price tag of that equity, in addition to business information, a list of risks and a series of liability exclusions. A subscription contract refers to the private offer memorandum and ensures that the investor has read, understands and recognizes everything. PandaTip: This is a subscription contract to a limited liability company or “LLC” in the United States. It contains provisions similar to those you can find in a subscription contract for a company`s shareholders, but there are some important differences. What is a subscription contract? A subscription contract is a contract between a service provider and a subscriber that defines the exact details of the subscription, for example. B the duration of the subscription, the associated fees and the termination procedure. The assurances and guarantees provided are true and correct at the time of this period and must be true and correct from the date of payment of the Subscriber to the Company until the acceptance of the subscription of the Subscriber. If the insurance and guarantees provided by the subscriber are not true or correct before the Company accepts this subscription contract, the Subscriber will immediately notify the Company in writing. The subscriber is a “sophisticated investor” within the meaning of the “investor capacity standards” in the memorandum. PandaTip: The Private Offer Memorandum, referred to in this agreement, will contain details on how the above investment dollars (in i) are equated with the percentage of the individual investor in the LLC.

The participant understood that the financial information and projections of the memorandum were estimates and projections of the possible results of the company`s management team and that there was no assurance that such results would be achieved.

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