EXHIBIT 10.4
FORM OF SUBSCRIPTION AGREEMENT
COR DEVELOPMENT, LLC
SUBSCRIPTION AGREEMENT
TO: Manager of COR Development, LLC
The information contained in this Subscription Agreement is being provided in
connection with my subscription for the preferred units and/or common units of
COR Development, LLC, a Kansas limited liability company ("COR Development"). I
understand that COR Development will be relying on this information in complying
with federal and state securities laws.
1. SUBSCRIPTION AND PURCHASE PRICE. I hereby subscribe for ____________
preferred units of COR Development's units of ownership at $10.00 per unit. I
hereby subscribe for ____________ common units of COR Development's units of
ownership at $10.00 per unit. [NOTE TO INVESTORS: YOU MUST MAKE A MINIMUM
INVESTMENT OF $1,000.00.] Simultaneously with the execution and delivery of this
Subscription Agreement to COR Development, I am delivering a check made payable
for the full amount of $____________ to COR Development, LLC.
2. REPRESENTATIONS. I make the following representations and warranties, and
understand and acknowledge that COR Development will be relying on this
information to assure compliance with federal and state securities laws. (Please
initial the appropriate lines.)
_____ (a) I am acquiring COR Development's units of ownership as a principal
for my own account for investment purposes.
_____ (b) I have been furnished with a prospectus regarding the preferred
units and common units of COR Development. I further represent and
warrant that I have, or that I have been given, the opportunity to ask
questions of, and receive answers from, COR Development concerning the
terms and conditions of the offering and to obtain verification of the
accuracy of such information, as I deem necessary.
_____ (c) I recognize that this investment involves a high degree of risk. I
desire to undertake this speculative investment. I am in a financial
position where I can afford to lose the entire amount of my
investment.
3. ENTIRE AGREEMENT. This Subscription Agreement constitutes the entire
agreement among the parties pertaining to the subscription and purchase of COR
Development's preferred units and/or common units as set forth herein and
supersedes any prior understanding.
4. TYPE OF OWNERSHIP. I wish to own COR Development's preferred units and/or
common units as described above as follows (check one):
( ) Separate or individual property.
( ) Joint tenants with right of survivorship. (Both parties must sign all
required documents).
( ) Trust. (Include name of trust, name of trustee and date trust was
formed.)
( ) Other. (Indicate __________________________________________________.)
I hereby represent that I have read this entire Subscription Agreement and
agree to be bound by its terms.
Executed this _____ day of ___________, 2000, at ___________________, _________.
________________________________________________________________________________
(Signature) (Social Security Number or
Federal Tax Identification Number)
________________________________________________________________________________
(Name, please print)
________________________________________________________________________________
(Address) (Telephone Number)
________________________________________________________________________________
(Signature, if purchasing as (Social Security Number)
joint tenants)
________________________________________________________________________________
(Name, please print)
________________________________________________________________________________
(Address) (Telephone Number)
This Subscription Agreement is accepted this day _____ of ____________, 2000.
COR DEVELOPMENT, LLC
By: CORNERSTONE DEVELOPMENT, LLC,
as manager
By: ____________________________
Name: ______________________
Title: Manager
