Exhibit 10.1
SUBSCRIPTION AGREEMENT
The American Corporation Escrow Account
c/o Xxxxxx Xxxxxxxxx, P.L.L.C.
0000 Xxxxxxxxxxxx Xxxxxx, X.X.
Xxxxx 000
Xxxxxxxxxx, X.X. 00000
Re: Prospectus, dated , 2002.
Gentlemen:
The undersigned investor ("Investor") in this Subscription Agreement
("Agreement") hereby acknowledges receipt of the Prospectus ("Prospectus"),
dated , 2002, of The American Corporation ("AMERICAN"), a Delaware
corporation, and subscribes for the following number of units upon the terms
and conditions set forth in the Prospectus. Investor represents that the
undersigned is a financially sophisticated and an accredited investor and,
as such, is capable of bearing the substantial economic risks associated with
a purchase and investment in the highly speculative securities of AMERICAN,
including total loss. The Investor agrees that this Agreement is subject to
acceptance by AMERICAN, to availability and to certain other conditions.
The undersigned hereby subscribes for units of AMERICAN'S
securities at $5.25 per unit, for an aggregate purchase price of $ .
Enclosed is the undersigned's check made payable to the "Xxxxx Bank, N.A./The
American Corporation Escrow Account" and has been forwarded to AMERICAN'S
escrow account in the self-addressed stamped envelope that has been provided
for convenience.
ACCEPTED AND AGREED:
--------------------------------------------
Signature of Investor
--------------------------------------------
Print Full Name
--------------------------------------------
Street Address
--------------------------------------------
ACCEPTED AND AGREED: City, State, Zip Telephone Number
THE AMERICAN CORPORATION
By:
----------------------------
Xxxxxxx X. Xxxxxx WIRING INSTRUCTIONS:
CHAIRMAN OF THE BOARD The American Corporation Escrow Account
Xxxxx Bank, N.A.
Xxxxxxxxxx, X.X. 00000
ABA No. 000000000
Account No. 00000000
