SUBSCRIPTION AGREEMENT
KNOW ALL PERSONS BY THESE PRESENTS:
This subscription agreement is made and entered this 21st day of September 2017 by and between:
SENERGY POWER AND TECHNOLOGIES INC., a corporation organized and existing under the laws of the Philippines, with principal office address at Xxxx 000 Xxxxxxxx Xxxxxxxxx Xxxxxx, XXXX Xxx. Xxxxxxx Xxx., Xxxxxx Xxxx, Xxxxxxxxxxx duly presented by its President RAPHAEL XXXXXX X. XXXXXXX, of legal age, Filipino and resident of Concord Metals Inc. Bldg., Xxxxxxx 0xx & 0xx Xxx., Xxxxx Xxxx, Xxxxxxxx Xxxx, Xxxxxxxxxxx (referred herein as, “Corporation”)
and
ACASYS CAPITAL, INC. a corporation organized and existing under the laws of the Delaware, United States of America, represented by its President, HATADI XXXXXXX SUPAAT, with its registered office address at 00000 Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxxx, XXX 00000 (referred herein as “Subscriber”)
WITHNESSETH: THAT-
WHEREAS, the Corporation has offered to sell shares of stock and the Subscriber is willing and ready to buy the same.
NOW THEREFORE, in consideration of the foregoing and the subscription price indicated hereunder:
| 1. | The Corporation has issued to the Subscriber the following shares of stock representing Thirty Five Percent (35%) of its issued and outstanding capital: |
| NO. OF SHARES | SUBSCRIPTION PRICE |
| 875,000 | PHP 875,000.00 |
| 2. | Of the subscription price, the Subscriber has paid to the Corporation the amount of Two Hundred Eighteen Thousand Seven Hundred Fifty (218,750.00) Philippine Currency in CASH. |
| 3. | That said amount paid was duly received by the Treasurer of the Corporation. |
| 4. | It is hereby agreed that the stock certificate shall only be issued and delivered upon receipt of the full payment of the subscription in the Corporation. |
| 5. | The parties hereby confirm the foregoing, upon the signing of this Subscription Agreement. |
IN WITNESS WHEREOF, the parties have hereunto signed this subscription agreement on the above stated.
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SENERGY POWER AND TECHNOLOGIES INC. (CORPORATION) |
ACASYS CAPITAL INC. (SUBSCRIBER) |
|
By:
/s/ Raphael Xxxxxx X. Xxxxxxx Xxxxxxx Xxxxxx X. Xxxxxxx President |
By:
/s/ Hatadi Xxxxxxx Supaat Hatadi Xxxxxxx Supaat President |
|
/s/ Xxxxxx Xxxxx X. Tiamsim Xxxxxx Xxxxx X. Tiamsim Treasurer |
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