EX-10.5
from S-1
7 pages
1. Purchase of Shares. for the Sum of $25,000 (The “Purchase Price”), Which the Company Acknowledges Receiving in Cash, the Company Hereby Sells and Issues the Shares to the Subscriber, and the Subscriber Hereby Purchases the Shares From the Company, Subject to the Forfeiture Provisions of Section 3 Below, on the Terms and Subject to the Conditions Set Forth in This Agreement. 2. Representations, Warranties and Agreements. 2.1 Subscriber’s Representations, Warranties and Agreements. to Induce the Company to Issue the Shares to the Subscriber, the Subscriber Hereby Represents and Warrants to the Company and Agrees With the Company as Follows: 2.1.1. No Government Recommendation or Approval. the Subscriber Understands That No Federal or State Agency Has Passed Upon or Made Any Recommendation or Endorsement of the Offering of the Shares
12/34/56