A subscription agreement is an agreement between a company and investors that sets out the price and terms of a purchase of shares in the company. The company agrees to sell a certain number of shares at a specific price, and in return, the subscriber promises to buy the shares at the predetermined price. The purchase agreement is the principal agreement between the issuer and the investor, or between the issuer and the initial purchasers, in a private placement of debt or equity securities. For more information contact us at NRI Vision.