Example ContractsClausesconditions to the investor’s obligation to purchase shares of common stockVariants
Conditions to the Investor’s Obligation to Purchase Shares of Common Stock
Conditions to the Investor’s Obligation to Purchase Shares of Common Stock contract clause examples

Investor desires to purchase and Company desires to issue and sell, upon the terms and conditions set forth in this Agreement # a Convertible Promissory Note, in the form attached hereto as Exhibit A, in the original principal amount of $230,000.00 (the “Note”), convertible into shares of common stock, $0.00001 par value per share, of Company (the “Common Stock”), upon the terms and subject to the limitations and conditions set forth in such Note, and # a Warrant to Purchase Shares of Common Stock, substantially in the form attached hereto as Exhibit B (the “Warrant”).

Buyer desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement a convertible note of the Company, in the form attached hereto as [Exhibit A], in the aggregate principal amount of $53,000.00 (together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the "Note"), convertible into shares of common stock, $0.00001 par value per share, of the Company (the "Common Stock''), upon the terms and subject to the limitations and conditions set forth in such Note.

Buyer desires to purchase from the Company, and the Company desires to issue and sell to the Buyer, upon the terms and conditions set forth in this Agreement, a promissory note of the Company, in the aggregate principal amount of $115,000.00 (as the principal amount thereof may be increased pursuant to the terms thereof, and together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, in the form attached hereto as Exhibit A, theNote”), convertible into shares of common stock, $0.0001 par value per share, of the Company (theCommon Stock”), upon the terms and subject to the limitations and conditions set forth in such Note;

Buyer desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement a convertible note of the Company, in the form attached hereto as [Exhibit A], in the aggregate principal amount of $88,000.00 (including $8,000.00 of Original Issue Discount) (together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, theNote”), convertible into shares of common stock, $0.0001 par value per share, of the Company (theCommon Stock”), upon the terms and subject to the limitations and conditions set forth in such Note.

Buyer desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement a 12% convertible note of the Company, in the form attached hereto as [Exhibit A], in the aggregate principal amount of US$77,000.00 (together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, theNote”), convertible into shares of common stock, $0.001 par value per share, of the Company (theCommon Stock”), upon the terms and subject to the limitations and conditions set forth in such Note.

Buyer desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement a convertible note of the Company, in the form attached hereto as [Exhibit A], in the aggregate principal amount of $60,500.00 (including $5,500.00 of Original Issue Discount) (together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, theNote”), convertible into shares of common stock, $0.0001 par value per share, of the Company (theCommon Stock”), upon the terms and subject to the limitations and conditions set forth in such Note.

Buyer desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement the 12% convertible note of the Company, in the form attached hereto as [Exhibit A], in the aggregate principal amount of US$165,000.00 (together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, theNote”), convertible into shares of common stock, $0.00001 par value per share, of the Company (theCommon Stock”), upon the terms and subject to the limitations and conditions set forth in such Note.

Buyer desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement a 12% convertible note of the Company, in the form attached hereto as [Exhibit A], in the aggregate principal amount of US$65,000.00 (together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, theNote”), convertible into shares of common stock, $0.001 par value per share, of the Company (theCommon Stock”), upon the terms and subject to the limitations and conditions set forth in such Note.

Buyer desires to purchase from the Company, and the Company desires to issue and sell to the Buyer, upon the terms and conditions set forth in this Agreement, a promissory note of the Company, in the aggregate principal amount of $500,000.00 (as the principal amount thereof may be increased pursuant to the terms thereof, and together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, in the form attached hereto as Exhibit A, theNote”), convertible into shares of common stock, $0.0001 par value per share, of the Company (theCommon Stock”), upon the terms and subject to the limitations and conditions set forth in such Note;

Buyer desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement a 10% convertible note of the Company, in the form attached hereto as [Exhibit A], in the aggregate principal amount of US$282,000.00 (together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, theNote”), convertible into shares of common stock, $0.001 par value per share, of the Company (theCommon Stock”), upon the terms and subject to the limitations and conditions set forth in such Note.

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