EXHIBIT 20.1
SUBSCRIPTION AGREEMENT
Renewable Assets, Inc.
0000 X. Xxxxxxxx Xxxx Road, Bldg. 4, No. 572
Xxxx Xxxxx, Xxxxxxx 00000
Re: Initial Public Offering ("IPO")
Gentlemen:
The undersigned subscriber (the "Subscriber") hereby
acknowledges receipt of and has carefully reviewed the Prospectus
(the "Prospectus"), dated March __, 2006, of Renewable Asset, Inc.
(the "Company"), a Delaware corporation. The Subscriber represents
that the undersigned is a financially sophisticated investor and, as
such, is capable of bearing the economic risks associated with a
purchase
and investment in the speculative securities of the Company, including
total loss. See, especially, "Risk Factors" in the Prospectus. The
Subscriber agrees that this subscription is subject to acceptance by
the Company, to availability and to certain other conditions, and any
subscription may be declined in whole or in part by the Company by the
return of the subscription funds without interest or deduction. The
Investor further agrees that the express terms and conditions of the
Prospectus are included as part of this Agreement including the fact
that this is a "best efforts, no minimum" offering in which subscriber
funds received by the Company will not be escrowed but will be
immediately available to it.
The undersigned Investor hereby subscribes for ______ Units of
the Company's Common Stock and Class "A" Common Stock Purchase
Warrants at $0.25 per Unit for a total purchase price of $________.
The undersigned has either (i) attached a check payable to the
Company; or (ii) wired funds to the Company.
Please check one of the following:
______ check attached made payable to "Renewable Assets, Inc."; or
______ wire funds to _________________ Bank, _______________________,
Boca Raton, FL 334__, Routing #_______________, for credit to
account #_____________________; or
Please deliver this Subscription Agreement (and check, if
appropriate) to Xx. Xxxxxx X. Xxxxxxxxx at the above indicated
address.
___________________________ _____________________________
Signature of Investor Signature of Investor (if
joint name)
___________________________ _____________________________
Print or Type Name Print or Type Name
___________________________ _____________________________
Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx
___________________________ _____________________________
City, State, Zip City, State, Zip
___________________________ _____________________________
SSN/Federal Tax I.D. Number SSN/Federal Tax I.D.Number
AGREED AND ACCEPTED:
Renewable Assets, Inc.
By: _________________________
Xxxxxx X. Xxxxxxxxx
President, CEO
