SUBSCRIPTION AGREEMENT
Persons interested in purchasing shares of the common stock, par value
$0.0001 per share (the "Shares") of eAcceleration Corp. (the "Company"), must
complete and return this Subscription Agreement along with their check or money
order (unless they are sending a wire transfer) to American Stock Transfer &
Trust Co., as escrow agent for eAcceleration Corp., Attention: Corporate Trust
Department, 0000 00xx Xxxxxx, Xxxxxxxx, Xxx Xxxx 00000.
The Shares involve a high degree of risk and immediate and substantial
dilution. No person should complete and sign a Subscription Agreement unless he
or she has received and read the Company's prospectus dated
_____________________ (the "Prospectus").
The Company reserves the right to completely or partially accept or reject
any subscription for any reason or for no reason. If and when accepted by the
Company, this Subscription Agreement shall constitute a subscription for such
number of Shares equal to or less than the number that you have requested below,
as determined by the Company. The minimum subscription is $625 for 100 shares.
Method of Payment: Check, Money Order or Wire Transfer payable to "eAcceleration
Corp., Subscription Escrow Account." Checks or money orders should be sent,
together with the completed Subscription Agreement, to the Escrow Agent at the
address provided above. Wire transfers should be sent to the Escrow Agent using
the following wire transfer instructions:
A copy of this Agreement will be returned to you as your receipt within
thirty (30) days, confirming your subscription and indicating the extent to
which your subscription has been accepted by the Company. As discussed in the
Prospectus, until 400,000 shares (the "Minimum Shares") are sold, all proceeds
of this offering will be held in an escrow account (the "Escrow Account") at
American Stock Transfer & Trust Co. When the Minimum Shares are sold, the funds
held in the Escrow Account will be disbursed to the Company and stock
certificates will be issued within thirty (30) days. Thereafter, a subscriber
will be mailed his or her stock certificates within thirty (30) days of the date
of the Company has mailed written confirmation of the subscription. In the event
the Minimum Shares are not sold prior to the termination date of this offering,
all deposits will be returned to subscribers as soon as practicable, with
interest earned, if any.
I hereby irrevocably tender this Subscription Agreement for the purchase of
_______ [insert number of Shares] Shares at $6.25 per Share. With this
Subscription Agreement, I tender payment in the amount of $_______ [insert total
price of Shares] ($6.25 per Share) for the Shares subscribed.
I am a bona fide resident of the state of _______________ [insert state of
residence].
Please register the Shares which I am purchasing as follows:
Check one:
___ Individual
___ Tenants-in-Common in Trust
___ Joint Tenants
___ Corporation
___ Minor with adult custodian under the Uniform Gifts to Minor's Act
___ Existing Partnership
For the person(s) who will be registered stockholder(s):
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Investor No. 1 (print name above) Investor No. 2 (print name above)
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Street (xxxxxxxxx xxxxxxx) Xxxxxx (residence address)
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City State Zip City State Zip
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Home Phone Home Phone
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Social Security Number Social Security Number
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Date of Birth Date of Birth
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Signature Signature
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Date Date
To be completed by the Company:
Accepted by:
eAccleration Corp.
By: Date:
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Name:
Title:
Number of Shares accepted:
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