A Subscription Agreement is a legal document that establishes the terms and conditions between a company and its investor(s) when an investor subscribes for shares in the company. This agreement typically includes essential details such as the number of shares to be purchased, price per share, payment terms, and the rights and obligations of both the investor and the company.
Subscription Agreements are particularly important for startups and companies, ensuring a clear understanding of the investment terms and the rights and obligations of each party involved. These agreements are commonly executed when an investor subscribes for shares in a private company or participates in a seed funding round.
It’s crucial to have a well-drafted Subscription Agreement that complies with Australian law and protects the interests of both the company and the investor. For expert advice on Subscription Agreements and other legal services, contact Bolter – The Law Firm for Startups at bolter.com.au.