Common use of IRREVOCABLE TRUSTS Clause in Contracts

IRREVOCABLE TRUSTS. If the trust is an irrevocable trust, please answer the following questions: Please provide the name of each trustee: Trustee Name: Trustee Name: Does the trust have assets greater than $5 million? YES NO Do you have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Company? YES NO Indicate how often you invest in:

Appears in 2 contracts

Samples: Subscription Agreement (Elite Performance Holding Corp), Subscription Agreement (Elite Performance Holding Corp)

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IRREVOCABLE TRUSTS. If the trust is an irrevocable trust, please answer the following questions: Please provide the name of each trustee: Trustee Name: Trustee Name: Does the trust have assets greater than $5 million? YES NO YES_______ NO_______ Do you have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Company? YES NO YES_______ NO_______ Indicate how often you invest in:

Appears in 1 contract

Samples: Registration Rights Agreement (Elite Performance Holding Corp)

IRREVOCABLE TRUSTS. If the trust is an irrevocable trust, please answer the following questions: Please provide the name of each trustee: Trustee Name: Trustee Name: Does the trust have assets greater than $5 million? YES NO Yes o No o Do you have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Company? YES NO Yes o No o Indicate how often you invest in:

Appears in 1 contract

Samples: Securities Purchase Agreement (Ads in Motion, Inc.)

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IRREVOCABLE TRUSTS. If the trust is an irrevocable trust, please answer the following questions: Please provide the name of each trustee: Trustee Name: Trustee Name: Does the trust have assets greater than $5 million? YES NO Yes [ ] No [ ] Do you have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Company? YES NO Yes [ ] No [ ] Indicate how often you invest in:

Appears in 1 contract

Samples: Subscription Agreement (Dragon Acquisition CORP)

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