Renewable Unsecured Subordinated Note Subscription Agreement
Exhibit 4.4(ii)
TCPH
Renewable Unsecured Subordinated Note Subscription Agreement
To purchase a renewable unsecured subordinated note(s), please complete both sides of this form and write a check made payable to Twin Cities power Holdings, LLC. Mail this form, your check and any other documents requested below in the enclosed postage-prepaid business reply envelope. If you use your own envelope, please mail your investment to: Twin Cities Power Holdings, LLC, XX Xxx 0000, Xxxxxxx, XX 00000. If you have any questions, please call 000-000-0000.
NOTE PURCHASE AMOUNT (minimum principal amount $1,000 per note)
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INTEREST PAYMENT SCHEDULE (Please select one for each note) |
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Note Term |
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Principal Amount |
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Monthly* |
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Quarterly |
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semi-Annually |
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Annually |
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Maturity |
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Three Month |
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$ |
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o |
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o |
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N/A |
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N/A |
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o |
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Six Month |
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$ |
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o |
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o |
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o |
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N/A |
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o |
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One Year |
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$ |
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o |
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o |
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o |
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o |
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o |
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Two Year |
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$ |
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o |
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o |
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o |
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o |
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o |
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Three Year |
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$ |
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o |
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o |
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o |
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o |
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o |
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Four Year |
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$ |
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o |
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o |
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o |
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o |
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o |
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Five Year |
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$ |
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o |
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o |
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o |
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o |
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o |
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Ten Year |
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$ |
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o |
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o |
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o |
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o |
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o |
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Total |
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$ |
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*Monthly interest payment date (e.g. 1st, 15th, etc.) .
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Form of Ownership (please select one) |
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o |
Individual Investor (with optional beneficiary) |
o |
Custodian for a Minor |
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o |
Joint Tenants with Right of Survivorship |
o |
Other XXX, SEP, 40l(k), 403(b), Xxxxx, trust, corporation, partnership, etc. (Please include with this form a trust resolution or the appropriate corporation or partnership documents authorizing you to make this investment.) |
Note Purchaser (please circle one)
Full Name of Individual Investor/First Joint Tenant/Minor/Entity/Administrator/Trustee
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/ / |
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First Name |
Middle Name |
Last Name |
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Social Security Number/Tax ID Number |
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Date of Birth (if applicable) |
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Occupation: |
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Age: |
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Full Name of Beneficiary/Second Joint Tenant/Custodian/Transfer on Death (please circle one if applicable)
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/ / |
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First Name |
Middle Name |
Last Name |
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Social Security Number/Tax ID Number |
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Date of Birth (not required for custodians) |
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Primary Address (Original correspondence will be sent to this address.) |
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Secondary Address (Optional—copies of correspondence will be sent in this address.) | ||||||||
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Individual Investor, XXX Administrator, Trustee, Custodian, partnership, etc. |
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Beneficiary, XXX Owner, Joint Tenant, Partner, etc. | ||||||||
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Xxxxxxx |
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Xxxxxxx | ||||||||
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Xxxx |
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Xxxxx |
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Xxx |
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Xxxx |
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Xxxxx |
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Zip |
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Daytime Phone (Include Area Code) |
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E-mail Address |
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Daytime Phone (Include Area Code) |
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E-mail Address | ||||
What is your approximate net worth, excluding the value of your primary residence, furnishings, and personal automobiles and the debt secured by these items (to the extent such debt does not exceed the value)? $________
What is your annual income? $________
What percent of your net worth is currently invested in securities (stocks, bonds, notes, LLC or partnership interests) that are not traded on a stock exchange or NASDAQ?________%
Suitability Standards TCPH has established minimum suitability standards for investors who reside in the following states: California, Maine, New Jersey, and Tennessee. If you reside in one of these states, please see the notices on the reverse side for details.
Password When you call about your investment you may be asked to verify your identification by answering the following question:
What is your mother’s maiden name?____________
Direct Deposit TCPH will electronically deposit your principal and interest payments directly into the account listed in the Direct Deposit section on the reverse side of this form, please complete and sign the reverse side of this form for automatic deposit to either your checking or savings account.
SUBSTITUTE FORM W-9 CERTIFICATION Under penalties of perjury, I hereby declare and certify that: (i) the social security number or tax identification number listed above is correct (or I am waiting for a number to be issued to me); (ii) I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding; and (iii) I am a U.S. citizen or other U.S. person (as defined in the IRS Instructions to Form W-9).
Certification instructions. You must cross out item (ii) above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return.
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SIGN HERE |
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SIGN HERE |
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Signature of Individual Investor/First Joint Tenant/Custodian/Authorized Person |
Date |
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Signature of Second Joint Tenant |
Date |
ADDITIONAL CERTIFICATION Under penalties of perjury, I hereby declare and certify that: (i) I am a bona fide resident of the state listed in the primary mailing address; (ii) I have received and read the prospectus provided by Twin Cities Power Holdings, LLC and understand the risks related to the notes and to the company; (iii) neither Twin Cities Power Holdings, LLC, its affiliates or agents have recommended this investment to me or given me investment, legal or tax advice regarding the notes or the company’s creditworthiness; (iv) I have independently determined that this investment is suitable for me without relying on such advice from Twin Cities Power Holdings, LLC or its affiliates or agents; (v) the notes are illiquid due to significant transfer restrictions and the lack of a secondary market; (vi) the notes are obligations of Twin Cities Power Holdings, LLC only, they are not bank certificates of deposit and they are not guaranteed or insured by the FDIC or any other entity; (vii) I risk the loss of my entire principal amount and all accrued but unpaid interest when purchasing the notes and have the financial ability to withstand these losses; and (viii) I am purchasing the notes to fulfill my investment objective of earning current taxable interest income. I understand that my purchase offer is subject to the terms contained in the prospectus and to state securities regulations, may be rejected in whole or in part and will not become effective until accepted by Twin Cities Power Holdings, LLC.
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SIGN HERE |
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SIGN HERE |
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Signature of Individual Investor/First Joint Tenant/Custodian/Authorized Person |
Date |
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Signature of Second Joint Tenant |
Date |
Notice to California Investors
We have established suitability standards for California investors, which require such investors to have either (i) a net worth (not including home, furnishings, and personal automobiles) of at least $70,000 and an annual gross income of at least $70,000, or (ii) a net worth (not including home, furnishings, and personal automobiles) of at least $250,000. The investor suitability requirements stated above represent minimum suitability requirements we establish for prospective note holders. However, satisfaction of these requirements will not necessarily mean that the notes are a suitable investment for a prospective investor, or that we will accept the prospective investor’s subscription agreement.
Notice to Maine Investors
The Maine Office of Securities recommends that an investor’s aggregate investment in this offering and similar direct participation investments not exceed 10% of the investor’s liquid net worth. For this purpose, “liquid net worth” is defined as that portion net worth that consists of cash, cash equivalents and readily marketable securities.
Notice to New Jersey Investors
We have established suitability standards for New Jersey investors, which require such investors to have either (i) a net worth (not including home, furnishings, and personal automobiles) of at least $70,000 and an annual gross income of at least $70,000, or (ii) a net worth (not including home, furnishings, and personal automobiles) of at least $250,000. Additionally, a New Jersey investor’s total investment in this offering and other similar offerings shall not exceed 10% of such investor’s liquid net worth. For this purpose, liquid net worth is determined exclusive of home, home furnishings and automobiles. The investor suitability requirements stated above represent minimum suitability requirements we establish for prospective note holders. However, satisfaction of these requirements will not necessarily mean that the notes are a suitable investment for a prospective investor, or that we will accept the prospective investor’s subscription agreement.
Notice to Tennessee Investors
We have established suitability standards for Tennessee investors, which require such investors to have either (i) a net worth (not including home, furnishings, and personal automobiles) of at least $100,000 and an annual gross income of at least $100,000, or (ii) a net worth (not including home, furnishings, and personal automobiles) of at least $500,000. In addition, Tennessee investors may not invest more than 10% of their liquid net worth in us. The investor suitability requirements stated above represent minimum suitability requirements we establish for prospective note holders. However, satisfaction of these requirements will not necessarily mean that the notes are a suitable investment for a prospective investor, or that we will accept the prospective investor’s subscription agreement.
(please complete reverse side)
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Office Use Only |
TCPH ________ |
RLLC _______ |
DATE ______________ |
TCPH
DIRECT DEPOSIT
Direct Deposit Account Information (please check one)
o I currently receive or have received direct deposit payments for other notes purchased from Twin Cities Power Holdings, LLC. Please deposit all principal and interest payments for this new note into the same account.
o Please deposit my principal and interest payments into the same checking account that I am using to make this investment. The correct account information is listed on the enclosed check that I am using to purchase this note.
o Please deposit my principal and interest payments into the account listed below. (If this is a checking account, please attach a VOIDED check to the bottom of this form. If this is a savings account, please confirm the bank routing number and the account number with your financial institution.)
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Account Owner Name(s) | |||
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o Checking |
o Savings |
o Other |
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Account Number |
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o o o o o o o o o |
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Bank Routing Number (9 digits) |
Bank Name |
Branch Location |
Some financial institutions (e.g., brokerage firms, custodians, mutual savings banks, credit unions, money market funds, etc.) also require “for further credit” information to correctly identify direct deposit accounts. If your financial institution requires this additional information, please list it below. If you are unsure if this additional information is required, please call your financial institution.
For further credit: ____________________________
Direct Deposit Authorization
As the investor of record and authorized signatory of the account listed above, I hereby authorize Twin Cities Power Holdings, LLC, its affiliates, or its agents (collectively referred to hereinafter as “TCPH”) to deposit interest and principal payments owed to me, by initiating credit entries in the account to my financial institution listed on this form. Further, I authorize my financial institution to accept and to credit any credit entries initiated by TCPH to the listed account. In the event of an erroneous credit entry, I also authorize TCPH to debit the account for an amount not to exceed the original amount of the erroneous credit.
This authorization is to remain in full force and effect until TCPH and my financial institution have received written notice from me of its termination in such time and in such manner as to afford TCPH and my financial institution reasonable opportunity to act on it. In the event the listed account is closed, I will promptly notify TCPH of an alternate account into which payments can be made.
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SIGN HERE |
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Authorized Signature |
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Date |
Mail to:
TWIN CITIES POWER HOLDINGS, LLC
XX Xxx 0000
Xxxxxxx, XX 00000
ATTACH VOIDED CHECK HERE
