Common use of Method of Subscription Clause in Contracts

Method of Subscription. The undersigned hereby subscribe for the Shares at a purchase price of $_____ per share. Before a subscription will be accepted, the following must be completed (all blanks filled in), executed, dated, acknowledged and returned to the Corporation at 1150 Elijah McCoy Drive, Detroit, Michigan 48202. a. ▇▇▇ ▇▇▇▇▇▇▇▇ copy of this Subscription Agreement; b. Until the Minimum Offering is sold, (as defined in the Prospectus dated ________, 200___), checks, money orders or bank drafts upon a U.S. bank shall be payable to "Bank One Trust Company, N.A.," Escrow Agent, for the full amount of the purchase price; c. After the Minimum Offering is sold, checks, money orders or bank drafts upon a U.S. bank shall be payable to "Caraco Pharmaceutical Laboratories Ltd." for the full amount of the purchase price; and d. An executed copy of Form W-9. In no event will subscriptions be accepted later than _________, 200___, at which time the offering will terminate.

Method of Subscription. The undersigned hereby subscribe for the Shares at a purchase price of $_____ per share. Before a subscription will be accepted, the following must be completed (all blanks filled in), executed, dated, acknowledged and returned to the Corporation at 1150 Elijah McCoy Drive, Detroit, Michigan 48202. a. ▇. ▇▇▇ ▇▇▇▇▇▇▇▇ copy of this Subscription Agreement; b. Until the Minimum Offering is sold, (as defined in the Prospectus dated ________, 200___), ) checks, money orders or bank drafts upon a U.S. bank shall be payable to "Bank One Trust Company, N.A.," Escrow Agent, for the full amount of the purchase price; c. After the Minimum Offering is sold, checks, money orders or bank drafts upon a U.S. bank shall be payable to "Caraco Pharmaceutical Laboratories Ltd." for the full amount of the purchase price; and d. An executed copy of Form W-9. In no event will subscriptions be accepted later than _________, 200___, at which time the offering will terminate.