Exhibit 1.2
PURCHASE AGREEMENT
(For assistance in filling out this form, please see the reverse side)
Mail Completed Form to: Cornerstone Ministries Investments, Inc. ,
Investor Services
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Please issue a bond of Cornerstone Ministries Investments, Inc. in the
amount and name shown below. I have received the Prospectus. I certify (i) that
the number shown on this form is my correct taxpayer identification number, and
(ii) that I am not subject to backup withholding.
Signature:___________________________________________ Date__________________
Signature: __________________________________________ Date__________________
Enclosed is payment for purchase of the following bonds:
Graduated Bond: $________________ Interest paid monthly (for investments of $10,000 or more)
(minimum $500) semi-annually ______ compounded _______
9% Five-Year Bond: $_____________ Interest paid monthly (for investments of $10,000 or more)
(minimum $500) semi-annually ______ compounded _______
Make checks payable to: Cornerstone Ministries Investments, Inc.
Register the bonds in the following name(s):
Name(1) ____________________________ Social Security or Taxpayer ID Number_______________
Birthdate___________________________
Name (2)____________________________ Social Security or Taxpayer ID number_______________
As (check one): Individual _____ Joint Tenants _____ Custodial (bonds owned by minors) _____
Tenants in Common _____ Corporation _____ Trust _______ Other _____
RETIREMENT ACCOUNT ( ) Traditional ▇▇▇ ( ) ▇▇▇▇ ▇▇▇ ( ) ▇▇▇▇▇
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Custodian:__________________________________
Mailing Address for the person(s) who will be registered bond owner(s):
Address:
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City, State & Zip Code: e-mail address:
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Telephone Number: Business: ( ) Home: ( )
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Yes, I want to save the cost of printing and mailing financial reports,
proxy statements, and other documents. Please send all bond holder
communications to my email address.
Signature: ______________________________
Please attach any special mailing instructions other than shown above
NO SUBSCRIPTION IS EFFECTIVE UNTIL
ACCEPTANCE You will be mailed a signed copy of this
agreement to retain for your records.
Subscription accepted by Cornerstone Ministries Investments, Inc. and its
sales representative:
____________________________________ Date__________________
Broker/Dealer_______________________________________
Broker______________________________________________
Bond Purchase Agreement page 2
How to Complete the Bond Purchase Agreement
Make checks payable to: Cornerstone Ministries Investments, Inc.
How can I purchase a bond? Personal check, bank check, or money orders are the
only acceptable forms of payment. No cash or credit cards are accepted.
Who should sign it? The person who is making the decision to buy the bond. This
may be different from the person in whose name the bond is being registered.
Whose check can be used for payment? It should be either an account in the name
of the person signing this purchase agreement or the name(s) in which the bond
is to be registered. We can not, for instance, accept a check on a corporate
bank account, where the registered bond owner is to be an individual--unless
there is an accompanying certified corporate resolution authorizing the use of
corporate funds for that purpose.
Can I buy a bond for more than one person on the same form? No. Make a copy of
the form to use for an additional investment.
How can I buy a bond for a person who is under 18 years old? There are Uniform
Gift to Minors Acts in the states. The "Custodial" box can be checked and the
bond can be registered in a form like: "▇▇▇▇ ▇▇▇, as custodian for Minor Doe,
under UGMA." The effect is that ▇▇▇▇ ▇▇▇ can sell the bond, receive interest and
otherwise manage the investment, until Minor Doe becomes 18. Then, ▇▇▇▇ ▇▇▇ can
request a replacement bond in Minor Doe's name. If you want some other legal
arrangement, such as holding the bond until the minor is older than 18, you
would have to create a trust agreement, using a lawyer or a do-it-yourself
guide. You would then check the "Trust" box and fill in the name something like:
"▇▇▇▇ ▇▇▇, trustee for Minor Doe," or "▇▇▇▇ ▇▇▇, Trustee under Trust Agreement
dated November 29, 1997."
Can I purchase a bond for an ▇▇▇ or other retirement account? If your trust
agreement permits it--that's between the investors and their trustees. If your
trust agreement does not permit it (many brokerage, mutual fund or bank trustees
will not permit it), then you may choose to "roll over" or open a new account
with another trustee. The check needs to be from the trustee. You would check
"Trust" on the form and write in something like: "ABC Company, trustee for ▇▇▇▇
▇▇▇ ▇▇▇."
Guide to registering investments
Joint Tenants: The bond is jointly owned by two or more persons. If one person
passes away, all of the bond is transferred to the surviving partner(s).
Tenants In Common: The bond is jointly owned by two or more persons. If one
person passes away, half (or whatever fraction designated of the bond)
automatically goes to the deceased's estate and not to the surviving
partner(s).
Trust: If you have an established Trust for yourself, Family or Children. Please
be sure to include exact name of the Trust and the Trust's taxpayer ID
number.
Custodial: Usually established for a minor, for a Guardian to maintain control
of the bond until the minor becomes of legal age (18). Registration should
read as follows: ▇▇▇▇ ▇▇▇ as Custodian for Minor Doe under UGMA. Make sure
to list the minor's social security number, not yours.
Other: 1) Partnership - Make sure to list Tax ID #
2) ▇▇▇ (▇▇▇▇▇, SEP or other retirement plan): Make sure your trust
agreement allows for investments of this kind, check with your plan
administrator. If not, you can establish a new ▇▇▇. Registration for all IRA's
should read as follows: [(Trustee or name of Plan) as Trustee for ▇▇▇▇ ▇▇▇▇▇ ▇▇▇
Account # _________]