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WITNESSETH
A. Subscription Price
The Subscriber hereby subscribes to (no. of shares of stock) shares of the
common capital stock of the Corporation at a subscription price of (amount in
words) (amount in figures) per share, or a total subscription price of (amount
in words) (amount in figures) payable as follows:
2. Failure to pay the foregoing subscriptions on its due date shall be subject
to interest at ______% per annum from date it has become due and
demandable until full payment has been made, without prejudice to the
right of the Corporation to declare the same delinquent in accordance with
the Corporation Code of the Philippines and to all other rights available to
the Corporation under the law.
C. Miscellaneous
2. This Agreement contains the entire agreement between the parties and
supersedes all previous written or oral agreements relating to its subject
matter.
3.1 They have the legal capacity to enter into this Agreement; and
3.2 They have not been induced to enter into this Agreement by any
representation, warranty or other assurance not expressly
incorporated into it.
5. Both parties agree that venue for any action shall be in (PLACE OF
VENUE), Philippines ONLY, to the exclusion of all others. No party shall
go to court unless both parties have exerted efforts in order to settle
amicably any disagreement, breach or conflict that may arise out of this
contract.
_______________________________
Date:
Subscriber:
_______________________________
Date:
_____________________ ___________________
ACKNOWLEDGMENT
I certify that on this date, before me, a notary public duly authorized in the
city named above to take acknowledgements, personally appeared:
Doc. No._____;
Page No._____;
Book No._____;
Series of _____.
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