0001019687-01-500206 Sample Contracts

312,500 UNITS
Retrac Medical Inc • May 15th, 2001 • Surgical & medical instruments & apparatus • New York
AutoNDA by SimpleDocs
AND
Warrant Agreement • May 15th, 2001 • Retrac Medical Inc • Surgical & medical instruments & apparatus • New York
EXHIBIT 1.2 3,125,000 UNITS RETRAC MEDICAL, INC. (A DELAWARE CORPORATION) PARTICIPATING BROKER AGREEMENT ------------------------------
Retrac Medical Inc • May 15th, 2001 • Surgical & medical instruments & apparatus

We have agreed to arrange for the purchase on a best-efforts basis from Retrac Medical, Inc., a Delaware corporation (the "Company"), an aggregate of 3,125,000 units as defined in the Prospectus ("Units"). The Units and certain of the terms on which they are being purchased and offered are more fully described in the enclosed Prospectus. We intend to sell the Units as the Company's agent on a best-efforts, all-or-none basis as to 2,500,000 Units and on a best-efforts basis for the remaining Units in a public offering (the "Offering"). We and the Company have entered into an escrow agreement (the "Escrow Agreement") with U.S. Bank National Association (the "Escrow Agent") to establish an escrow account (the "Escrow Account") in which funds received from subscribers will be deposited pending completion of the escrow period.

Time is Money Join Law Insider Premium to draft better contracts faster.