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A Subscription Agreement sets out the terms when someone invests in a company by purchasing shares or units. It's commonly used by Australian startups and private companies to bring new investors on board, spelling out key details like the price per share, number of shares, and payment timing.

The agreement protects both parties by documenting important investor warranties, company disclosures, and any special rights or restrictions that come with the investment. Under Australian Corporations Law, it helps ensure compliance with share issuance requirements and serves as proof of the investment transaction, particularly important for ASIC reporting and maintaining accurate company records.

Use a Subscription Agreement when raising capital through share offerings in your Australian company. This applies to private placements, seed rounds, and any situation where you're bringing in new investors or issuing shares to existing ones. It's particularly vital for startups and small-to-medium enterprises looking to expand their funding base.

The agreement becomes essential before transferring any investment funds or issuing shares. Having it in place protects your company from future disputes about investment terms and helps meet ASIC compliance requirements. It's especially important when dealing with sophisticated investors, family offices, or venture capital firms who expect proper documentation of their rights and obligations.

• Fund Subscription Agreement: Used for investing in managed funds or unit trusts, detailing unit allocation and fund-specific terms
• Subscription Service Agreement: For ongoing service relationships, outlining recurring payment terms and service delivery
• Monthly Subscription Contract: Specifically designed for month-to-month arrangements with flexible termination options
• Note Subscription Agreement: For convertible note investments, including conversion terms and interest rates
• Subscription Agreement Bond: Tailored for bond issuances, covering interest payments and maturity terms

• Company Directors & Officers: Responsible for issuing shares and executing Subscription Agreements on behalf of the company
• Investors: Both individual and institutional investors who purchase shares or units through the agreement
• Corporate Lawyers: Draft and review agreements to ensure compliance with Australian securities laws
• Company Secretaries: Maintain records and handle ASIC reporting requirements related to share issuances
• Financial Advisers: Guide clients through investment terms and assist with due diligence
• Venture Capital Firms: Use these agreements when investing in startups and growth companies

• Company Details: Gather ACN/ABN, registered address, and current shareholding structure
• Investment Terms: Define share price, number of shares, and total investment amount
• Investor Information: Collect full legal names, addresses, and proof of identity for ASIC compliance
• Payment Structure: Specify payment timing, bank details, and any staged investment conditions
• Special Rights: Document any voting rights, board seats, or pre-emptive rights being granted
• Due Diligence: Prepare company financial statements and key business documents
• Automated Generation: Use our platform to create a legally-sound agreement with all required elements

• Parties & Details: Full legal names, ABN/ACN, and registered addresses of company and investors
• Share Terms: Class, quantity, price per share, and total subscription amount
• Payment Terms: Payment schedule, method, and completion requirements
• Investor Warranties: Declarations about financial capacity and investment understanding
• Company Warranties: Statements about share validity and corporate authority
• Governing Law: Explicit reference to Australian jurisdiction and applicable regulations
• Completion Mechanics: Share certificate issuance and ASIC notification requirements
• Execution Block: Proper signature sections for all parties, including witness provisions

A Subscription Agreement differs significantly from a Convertible Agreement in several key ways. While both are investment instruments, they serve different purposes in raising capital for Australian companies.

• Immediate Ownership: Subscription Agreements provide immediate share ownership upon completion, while convertible agreements only grant the right to future shares
• Price Certainty: Subscription Agreements have fixed share prices at signing, whereas convertible agreements typically determine share price at a later date
• Investor Rights: Subscription Agreement holders become shareholders immediately with voting and dividend rights; convertible agreement holders must wait until conversion
• Regulatory Requirements: Subscription Agreements trigger immediate ASIC reporting obligations, while convertible agreements often delay these requirements until conversion
• Timing and Flexibility: Subscription Agreements are more rigid in structure, while convertible agreements offer greater flexibility for future funding rounds