Common use of Subscription for Stock Clause in Contracts

Subscription for Stock. (a) Subscriber hereby tenders its ---------------------- subscription and irrevocably subscribes for 100,000 shares of the common stock (the "Stock") of the Company at a price of $0.01 per share for a total of $1,000. A check for good funds in payment of the total purchase price of the Stock subscribed for, made payable to the Company, accompanies this Agreement. Upon acceptance of this Subscription Agreement by the Company, Subscriber specifically agrees to accept, adopt and be bound by each and every provision of this Agreement. (b) It is understood and agreed that the Company shall have the right to accept or reject this subscription, in whole or in part, and that the same shall be deemed to be accepted by the Company only when this Stock Subscription Agreement is signed by the Company. (c) Subscriber agrees that this subscription is irrevocable and that Subscriber cannot cancel, terminate or revoke this subscription or any agreements of Subscriber hereunder and that this subscription and such agreements shall survive the death or disability of the undersigned.

Appears in 1 contract

Sources: Promissory Note (Gothic Energy Corp)

Subscription for Stock. (a) Subscriber hereby tenders its ---------------------- subscription and irrevocably subscribes for 100,000 15,000 shares of the common stock (the "Stock") of the Company at a price of $0.01 per share for a total of $1,000150. A check for good funds in payment of the total purchase price of the Stock subscribed for, made payable to the Company, accompanies this Agreement. Upon acceptance of this Subscription Agreement by the Company, Subscriber specifically agrees to accept, adopt and be bound by each and every provision of this Agreement. (b) It is understood and agreed that the Company shall have the right to accept or reject this subscription, in whole or in part, and that the same shall be deemed to be accepted by the Company only when this Stock Subscription Agreement is signed by the Company. (c) Subscriber agrees that this subscription is irrevocable and that Subscriber cannot cancel, terminate or revoke this subscription or any agreements of Subscriber hereunder and that this subscription and such agreements shall survive the death or disability of the undersigned.

Appears in 1 contract

Sources: Promissory Note (Gothic Energy Corp)

Subscription for Stock. (a) Subscriber hereby tenders its ---------------------- subscription and irrevocably subscribes for 100,000 135,000 shares of the common stock (the "Stock") of the Company at a price of $0.01 per share for a total of $1,0001,350. A check for good funds in payment of the total purchase price of the Stock subscribed for, made payable to the Company, accompanies this Agreement. Upon acceptance of this Subscription Agreement by the Company, Subscriber specifically agrees to accept, adopt and be bound by each and every provision of this Agreement. (b) It is understood and agreed that the Company shall have the right to accept or reject this subscription, in whole or in part, and that the same shall be deemed to be accepted by the Company only when this Stock Subscription Agreement is signed by the Company. (c) Subscriber agrees that this subscription is irrevocable and that Subscriber cannot cancel, terminate or revoke this subscription or any agreements of Subscriber hereunder and that this subscription and such agreements shall survive the death or disability of the undersigned.

Appears in 1 contract

Sources: Promissory Note (Gothic Energy Corp)