Subscription Commitment. The Subscriber acknowledges that the minimum subscription is $50,000. The Subscriber hereby subscribes for the purchase of the number of Securities specified below and, as full payment therefor, agrees to pay by wire transfer to the account of the Company. At $ per Unit for ------------------- ------- Number of Units an aggregate of $ ------------------ The Subscriber understands that this subscription is not binding on the Company until accepted by the Company, which acceptance is at the discretion of the Company and is to be evidenced by the Company's execution of this Subscription Agreement where indicated. If the subscription is rejected, the Company shall return to the Subscriber, without interest or deduction, any payment tendered by the Subscriber, and the Company and the Subscriber shall have no further obligation to each other hereunder. Unless and until rejected by the Company, this subscription shall be irrevocable by the Subscriber. The Subscriber understands that the Company may, in the event that the offering to which the Term Sheet relates is oversubscribed, reduce this subscription in any amount and to any extent, whether or not pro rata reductions are made of any other investor's subscription.
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Subscription Commitment. The Subscriber acknowledges that the minimum subscription is Fifty Thousand Seventeen and 50/100 Dollars ($50,00050,017.50). The Subscriber hereby subscribes for the purchase of the number of Securities specified below and, as full payment therefor, agrees to pay by wire transfer to the account of the CompanyCompany the amount specified below. 500 Shares Series C Preferred Stock At $ $1.35 per Unit for ------------------- ------- Number an Warrants to Purchase 741,000 Shares of Units an Common Stock aggregate of $ ------------------ $1,000,350.00 The Subscriber understands that this subscription is not binding on the Company until accepted by the Company, which acceptance is at the discretion of the Company and is to be evidenced by the Company's execution of this Subscription Agreement where indicated. If the subscription is rejected, the Company shall return to the Subscriber, without interest or deduction, any payment tendered by the Subscriber, and the Company and the Subscriber shall have no further obligation to each other hereunder. Unless and until rejected by the Company, this subscription shall be irrevocable by the Subscriber. The Subscriber understands that the Company may, in the event that the offering to which the Term Sheet relates is oversubscribed, reduce this subscription in any amount and to any extent, whether or not pro rata reductions are made of any other investor's subscription.
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Subscription Commitment. The Subscriber acknowledges that the minimum subscription is 75,000 shares of Common Stock or $50,00024,750 (which amount may be waived by the Company in its sole discretion). The Subscriber hereby subscribes for the purchase of the number of Securities specified below and, as full payment therefor, agrees to pay in cash, the amount set forth below by check made payable to “CrowdFunder Escrow Account,” or by wire transfer to the escrow account of the Company. 76,000 At $ $0.33 per Unit share for ------------------- ------- Number of Units Shares of Common Stock an aggregate of $ ------------------ 25,080 The Subscriber understands that this subscription is not binding on the Company until accepted by the Company, which acceptance is at the discretion of the Company and is to be evidenced by the Company's ’s execution of this Subscription Agreement where indicated. If the subscription is rejected, or if the minimum offering amount of 300,000 shares of Common Stock ($99,000) (the “Minimum Offering”) is not achieved on or before January 31, 2008, 2008 (the “Offering Period”), the Company shall return to the Subscriber, without interest or deduction, any payment tendered by the Subscriber, and the Company and the Subscriber shall have no further obligation to each other hereunder. Unless and until rejected by the Company, or the Minimum Offering is not achieved within the Offering Period, this subscription shall be deposited into a non-interest bearing escrow account and shall be irrevocable by the Subscriber. The Subscriber understands that the Company may, in the event that the offering to which the Term Sheet relates is oversubscribedmore than 1,515,151 shares of Common Stock ($500,000) are subscribed, reduce this subscription in any amount and to any extent, whether or not pro rata reductions are made of any other investor's ’s subscription, or accept all such over-subscriptions.
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Subscription Commitment. The Subscriber acknowledges that the minimum subscription is $50,00025,000. The Subscriber hereby subscribes for the purchase of the number of Securities specified below and, as full payment therefor, agrees to pay in cash, the amount set forth below by check made payable to " Semotus Solutions, Inc. Escrow Account," or by wire transfer to the escrow account of the Company. At $ $1.00 per Unit for ------------------- ------- Number of Units an aggregate of $ ------------------ Number of Units --------------------- The Subscriber understands that this subscription is not binding on the Company until accepted by the Company, which acceptance is at the discretion of the Company and is to be evidenced by the Company's execution of this Subscription Agreement where indicated. If the subscription is rejected, the Company shall return to the Subscriber, without interest or deduction, any payment tendered by the Subscriber, and the Company and the Subscriber shall have no further obligation to each other hereunder. Unless and until rejected by the Company, this subscription shall be irrevocable by the Subscriber. The Subscriber understands that the Company may, in the event that the offering to which the Term Sheet Memorandum relates is oversubscribed, reduce this subscription in any amount and to any extent, whether or not pro rata reductions are made of any other investor's subscription.
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