FORM OF SUBSCRIPTION AGREEMENTSubscription Agreement • December 8th, 2017 • Electromedical Technologies, Inc • Surgical & medical instruments & apparatus • Arizona
THIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.
OFFERING DEPOSIT ACCOUNT AGENCY AGREEMENTOffering Deposit Account Agency Agreement • December 8th, 2017 • Electromedical Technologies, Inc • Surgical & medical instruments & apparatus • California
This Offering Deposit Account Agency Agreement (this “Agreement”) is entered into as of December 7, 2017, by and between ElectroMedical Technologies, Inc., a Delaware corporation with its principal office located at 16561 N 92nd Street, Suite 101, Scottsdale, AZ 85260 (“Issuer”), FlashFunders, Inc., a Delaware limited liability with its principal office located at 6 Venture, Suite 325, Irvine, CA 92618 (“Intermediary”) and FinTech Clearing, LLC, a Delaware limited liability company and FINRA registered Broker/Dealer, with its principal office located at 6 Venture, Suite 325, Irvine, CA 92618 (“Deposit Account Agent”). Issuer, Intermediary and Deposit Account Agent shall collectively be referred to as “Parties”.
ENGAGEMENT LETTEREngagement Letter • December 8th, 2017 • Electromedical Technologies, Inc • Surgical & medical instruments & apparatus • California
This engagement letter (the “Agreement”) confirms the terms upon which Electromedical Technologies (the “Client”) engages FinTech Clearing, LLC (“FTC”). FTC is engaged to act as the exclusive managing broker-dealer (“Managing Broker-Dealer”) to the Client in connection with an Offering (as defined below) of securities on behalf of the Client upon signing this letter. The Client and Managing Broker-Dealer entered into an agreement on June 9, 2017 (“Prior Agreement”). This Agreement supersedes and replaces the Prior Agreement in its entirety. For the purposes of this Agreement, June 9, 2017 shall be the “Effective Date” as referred to herein.
