Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}} | Email: {{email}} | Website: {{website}}
BETWEEN:
{{company_name}}, a company duly incorporated and registered under the Laws of {{country}}, with its registered office located at {{company_address}} (hereinafter referred to as "the Company").
AND
{{subscriber_name}}, an individual residing at {{subscriber_address}} / a company duly incorporated and registered under the Laws of {{country}}, with its registered office located at {{subscriber_address}} (hereinafter referred to as "the Subscriber").
WHEREAS:
A. The Company is duly authorised to issue a total of {{authorized_shares}} ordinary shares of {{currency}}{{share_nominal_value}} each (the "Shares").
B. The Subscriber desires to subscribe for, and the Company desires to issue to the Subscriber, a certain number of Shares on the terms and conditions set forth in this Agreement.
C. The subscription for the Shares will provide the Company with working capital for its business operations and expansion plans.
2. PAYMENT OF SUBSCRIPTION PRICE
2.1 The Subscriber shall pay the Total Subscription Amount to the Company within {{payment_days}} days from the Effective Date of this Agreement.
2.2 Payment shall be made by way of {{payment_method}} to the Company's bank account, details of which shall be provided by the Company to the Subscriber.
4. REPRESENTATIONS AND WARRANTIES
4.1 The Company represents and warrants that:
(a) It is duly incorporated and validly existing under the laws of {{country}}.
(b) It has the corporate power and authority to enter into and perform its obligations under this Agreement.
(c) The Subscription Shares, when issued, will be fully paid and non-assessable.
4.2 The Subscriber represents and warrants that:
(a) It has the legal capacity and authority to enter into and perform its obligations under this Agreement.
(b) It is acquiring the Subscription Shares for its own account for investment purposes and not with a view to resale or distribution.
(c) It has conducted its own due diligence and made its own independent evaluation of the Company and the Subscription Shares.
5. GOVERNING LAW AND JURISDICTION
5.1 This Agreement shall be governed by and construed in accordance with the laws of {{country}}.
5.2 Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by the courts of {{country}}.
6. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings and negotiations, whether written or oral, between the parties.
7. SIGNATURES
IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above written.
FOR AND ON BEHALF OF THE COMPANY:
_____________________________
Name: {{company_signatory_name}}
Title: {{company_signatory_title}}
Date: {{date}}
FOR AND ON BEHALF OF THE SUBSCRIBER:
_____________________________
Name: {{subscriber_signatory_name}}
Title: {{subscriber_signatory_title}}
Date: {{date}}
Related templates
Invoice
This invoice template is used to bill clients for goods or services rendered. It provides a clear breakdown of costs, payment terms, and contact information for both parties.
Commission Split Agreement
This document outlines the terms and conditions for splitting commissions between two or more parties. It is essential for formalizing agreements in sales or partnership contexts.
Tax Registration Checklist (South Africa)
A comprehensive checklist for South African SMEs to ensure all necessary documentation and information are prepared for tax registration with SARS.
Employee Leave Tracker
A comprehensive template for tracking employee leave efficiently, ensuring compliance with South African labor laws.