Common use of Subscription Offer Clause in Contracts

Subscription Offer. Subject to the terms and conditions hereof and to acceptance by the Company, the Subscriber hereby offers to purchase _____ shares (the "Shares") of the Company's common stock, par value $.01 per share (the "Common Stock"), at a price per share of $1.00, for a total purchase price of $__________ (the "Purchase Price"). Such offer can be revoked only upon written notice by the Subscriber to the Company, which notice is received by the Company prior to acceptance of the offer. The Purchase Price is payable in full by check made payable to "Key Bank National Association, Wentworth III, Inc. Escrow Account administered by Corporate Stock Transfer" and sent to Corporate Stock Transfer, Inc., as Administrator for Wentworth III, Inc., 0000 Xxxxxx Xxxxx Xxxxx Xxxxx, Xxxxx 000, Xxxxxx, Xxxxxxxx 00000.

Subscription Offer. Subject to the terms and conditions hereof and to acceptance by the Company, the Subscriber hereby offers to purchase _____ shares (the "Shares") of the Company's common stock, par value $.01 per share (the "Common Stock"), at a price per share of $1.00, for a total purchase price of $__________ (the "Purchase Price"). Such offer can be revoked only upon written notice by the Subscriber to the Company, which notice is received by the Company prior to acceptance of the offer. The Purchase Price is payable in full by check made payable to "Key Bank National Association, Wentworth IIIII, Inc. Escrow Account administered by Corporate Stock Transfer" and sent to Corporate Stock Transfer, Inc., as Administrator for Wentworth IIIII, Inc., 0000 Xxxxxx Xxxxx Xxxxx Xxxxx, Xxxxx 000, Xxxxxx, Xxxxxxxx 00000.