Common use of Subscription Offer Clause in Contracts

Subscription Offer. Subject to the terms and conditions hereof and to acceptance by the Company, Subscriber hereby irrevocably offers to purchase ___________________ shares of Common Stock (the "Securities") at a price of $0.05 per share, for a total purchase price of US$_____________. The purchase price is payable in full by check payable to "Mongolian Explorations Ltd."

Appears in 2 contracts

Sources: Subscription Agreement (Mongolian Explorations LTD), Subscription Agreement (Mongolian Explorations LTD)