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Title: |
Subscription Agreement |
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Date: |
2003 |
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Preview shows 4KB of 18KB total |
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$36 |
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ID: |
#1596688 |
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7 file006.txt SUBSCRIPTION AGREEMENT
SUBSCRIPTION AGREEMENT
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THIS SUBSCRIPTION AGREEMENT (this "Agreement"), dated as of December 6,
2002, by and between ONCURE TECHNOLOGIES CORP., a Florida corporation (the
"Company"), and Charles J. Jacobson (the "Subscriber").
WHEREAS, the Subscriber desires to purchase from the Company, and the
Company desires to issue and sell to Subscriber 35 shares of the Company's
Series H Cumulative Accelerating Redeemable Preferred Stock, par value $.001 per
share (the "Series H Stock"), subject to and in accordance with the terms and
conditions set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:
SECTION 1
SUBSCRIPTION FOR SHARES
-----------------------
1.1 Subscription Agreement. Subject to the terms and conditions of this
Agreement, the Subscriber hereby irrevocably subscribes for 35 shares (the
"Subscription Shares") of Series H Stock to be issued by the Company in
accordance with the terms hereof, at a purchase price of $2,000 per share, for a
total purchase price of $ 70,000 (the "Subscription Share Price"). The
Subscription Share Price shall be paid by check payable to the order of the
Company, or in such other manner as the Company in its discretion may deem
acceptable. Delivery by the Company of the Subscription Shares to the Subscriber
shall constitute the Company's acknowledgment that it has received the
Subscription Share Price in full.
SECTION 2
REPRESENTATIONS, WARRANTIES AND AGREEMENTS OF SUBSCRIBER
--------------------------------------------------------
2.1 Subscriber Representations
(a) The Subscriber is acquiring the Subscription Shares (and the shares
of the Company's common stock, $.001 par value per share (the "Common Stock"),
issuable upon conversion thereof) for its own account for investment and not
with a view to, or for sale in connection with, any public distribution thereof
in violation of the Securities Act of 1933, as amended ("Securities Act"). The
Subscriber understands that none of the Subscription Shares have been (nor will
the shares Common Stock issuable upon conversion thereof be) registered for sale
under the Securities Act, or the securities or similar laws of any foreign,
state or other jurisdiction, or qualified under applicable state securities laws
and that the Subscription Shares are being offered and sold to the Subscriber in
reliance on exemptions therefrom based, in part, upon the representations,
warranties, covenants and agreements of the Subscriber contained in this
Agreement. The Subscriber understands that it must bear the economic risk of its
investment in the Company for an indefinite period of time, as the Subscriber
cannot sell the Subscription Shares (or the shares of the Common Stock issuable
upon conversion thereof) unless they are subsequently registered under the
Securities Act and qualified under state securities laws, or unless an exemption
from such registration and qualification is available.
(b) The Subscriber has carefully read and fully considered all
disclosures contained in the Company's Annual Report on Form 10KSB for the year
ended December 31, 2001 and all reports filed under the Securities Exchange Act
of 1934, as amended, since then as provided upon request by the Company or
available on the U.S. Securities and Exchange Commission EDGAR database at
www.sec.gov. The Subscriber understands that an investment in the Subscription
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