SUBSCRIPTION AGREEMENT
LitFunding Corp.
0000 Xxxxx XxXxxx Xxxxx, Xxxxx 000
Xxx Xxxxx, Xxxxxx 00000
(000)000-0000
The undersigned has received and read the prospectus dated February 4, 2005
("Prospectus"), and hereby subscribes for _____________ shares of $.001 par
value common stock of LitFunding Corp., a Nevada corporation ("Company"), for a
subscription price of $0.41 per share ("Offered Shares"). The undersigned hereby
agrees that this subscription shall be irrevocable and shall survive the death
or disability of the undersigned. Payment of the purchase price for the Offered
Shares is due upon subscription.
The undersigned acknowledges that (i) the Company has the right to accept or
reject this subscription in whole or in part, (ii) this subscription shall be
deemed to be accepted by the Company only when the Company signs this
Subscription Agreement; and (iii) the undersigned has relied only on that
information specified in the Prospectus.
Number of Offered Shares: _________________. Subscription Amount: ___________
(number of Offered Shares multiplied by $0.41)
Make check payable to: "LitFunding Corp."
Please print name(s) or title, residence address, and SSN or Tax ID for which
the Offered Shares are to be registered.
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Name
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Xxxxxx
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Xxxx Xxxxx Zip Code
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SSN or Tax ID No. (For joint ownership, both parties must provide a Social
Security Number or similar tax identification)
Indicate type of ownership:
( ) Individual Ownership ( ) Joint Tenants with Right of Survivorship
( ) Community Property ( ) Tenants in Common
( ) Tenants by the Entirety ( ) Corporate Ownership
( ) Partnership Ownership ( ) Custodian for a Minor
( ) Trust (see below) ( ) XXX or Pension Plan
Date Trust Established:
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Name of Trustee or other Administrator
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EACH SUBSCRIBER REPRESENTS THAT:
(a) The information contained herein is complete and accurate and
may be relied upon, and
(b) The undersigned will notify the Company immediately of any
material change in any such information occurring prior to the
acceptance of the undersigned's subscription.
(c) The undersigned further confirms that Xx. Xxxxxx Xxxx
solicited him/her/it to purchase the Offered Shares of the
Company and no other person participated in such solicitation
other than Xx. Xxxx.
(d) For CALIFORNIA SUBSCRIBERS ONLY:
1. The undersigned herewith acknowledges that he/she/it meets the
"super suitability standard" of not less than any one of the
following:
o $250,000 liquid net worth (i.e., a net worth exclusive of home, home
furnishings and automobile) plus $65,000 gross annual income;
o $500,000 liquid net worth;
o $1,000,000 overall net worth (i.e., inclusive of home, home
furnishings and automobile); OR
o $200,000 gross annual income.
2. The undersigned acknowledges that the Prospectus has not been
required to comply with some or all of the merit regulations
of the Department of Corporations as found in Title 10,
California Code of Regulations, Rule 260.140 et seq., and this
offering has not undergone a merit review by the California
Department of Corporations.
3. In addition, exemptions for secondary trading of the Offered
Shares sold in California will not be available under the
California Corporations Code sect. 25104(h). There may be
other exemptions available to cover private resales of Offered
Shares by the bona fide owner for his/her/its own account
without advertising and without being effected by or through a
broker dealer in a public offering.
IN WITNESS WHEREOF, the undersigned has executed this Subscription Agreement as
of this ______ day of ____________ 2005. THIS SUBSCRIPTION AGREEMENT MUST BE
SIGNED PERSONALLY BY THE SUBSCRIBER AND NOT BY ANY BROKER-DEALER OR AGENT.
FOR INDIVIDUALS:
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Print Name
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Signature
NAME AND SIGNATURE OF JOINT TENANT OR TENANT IN COMMON
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Print Name
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Signature
FOR TRUSTS, CORPORATIONS, PARTNERSHIPS
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Print Name of Entity
By:
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Print name and capacity (Trustee, President or General Partner) of
person making investment decision
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Signature
Agreed to and accepted:
By: LitFunding Corp.,
a Nevada corporation
By:
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Xxxxxx Xxxx
Its: President
