Scott Edward Walker

NOVEMBER 9, 2011

Presumably, each stockholder will be required to execute a subscription agreement and/or stockholders’ agreement to address key issues such as transfer restrictions, rights of first refusal, drag-along rights, etc. Second, having hundreds of stockholders is an administrative nightmare and will be time-consuming and costly.

SEC 111

SEC Accredited Investor Subscription Agreement Finder 111

ithacaVC

JUNE 20, 2011

One short cut that I can tolerate is if you are truly raising funds from family members that you trust, you can use a really simple promissory note for a convertible debt round or a really simple subscription agreement for an equity round (email me if you would like forms).

Stock Options 58

Stock Options Vesting Subscription Agreement Founder Vesting 58

BeyondVC

JULY 14, 2004

According to a CBS Marketwatch article : Under the accounting method used in the past, the company would recognize a full month’s revenue from a subscription agreement, even if a deal was sealed in the middle of the month, for example. Its auditor, PWC, suggested that it change its revenue recognition policy.

Subscription Agreement 60

Subscription Agreement Portfolio Revenue Hosting 60