Series Seed Preferred Stock Purchase Agreement

By | April 12, 2021

The buyer does not rely on anyone other than the company and its senior executives and directors to invest in the company or to decide to invest in the company. The buyer accepts that neither the purchaser nor the controlling persons concerned, the directors, the directors, the partners, the representatives or the employees of a buyer be held liable to another buyer for the actions taken or omitted by any of them in connection with the acquisition of the Seed Preferred Stock Series shares. In the event that, after the date of the agreement, the company will provide that person with an agreement to issue shares of the company under which that person holds shares in the company`s capital stock representing 1% or more of the company`s capital stock (for this purpose, all shares of the common stock will be dealt with during the current trading or conversion of options, Stock warrants or convertible bonds, as if exercised and/or converted or exchanged), will make that person a precondition for the conclusion of such an agreement, by executing a consideration to this agreement or an adoption agreement in a form satisfactory to the company. in order to agree to be bound as a shareholder under this agreement, and that this person be considered a shareholder for all purposes of this agreement. 4.1.1 Basic financial information. The Company is taxed on any purchaser holding this number of shares corresponding to the quotient or beyond, by division (x) of the principal buyer-dollar threshold by (y) the purchase price, to the next overall share (adjusted for share fractions, share dividends, combinations, recapitalizations or equivalents) (a “big buyer”) the nearest (if available (1) is available for each year of the company, including an unaudited balance sheet at the end of this fiscal year, an unaudited profit and loss account and an unaudited flow account, all generally accepted accounting principles and practices; and (2) unaudited quarterly financial statements for each quarter of the Company`s business (excluding the last quarter of the Company`s fiscal year), including an unaudited balance sheet at the end of this quarter , an unaudited profit and loss account and an unaudited flow account, all generally accepted accounting principles and practices, subject to changes resulting from normal accounting adjustments at the end of the year.

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