Due Diligence Agreement
This agreement contains a good faith investor, escrow deposit, and confidentiality agreement between Internet Promise Group (IPG) Inc. a California corporation with a corporate address; 21250 Hawthorne Blvd. Suite 500, Hawthorne, CA 90503 and a potential SEC Rule 506 Regulation D Accredited Investor [Investor] in IPG identified as:
This due diligence good faith agreement is to facilitate a mutual due diligence process between IPG and the potential investor identified above. After a good faith deposit has been made and potential investor had signed this serious good faith investor agreement, we are then obligated to engage in full disclosure to the potential investor to help the potential investor make informed investment decisions.
These disclosures include (i) our detailed prospectus, prepared for subsequent S1 filing, (ii) our first to market product videos currently completed and in the making, (iii) our business and technical plans for the first three products to the market and (iv) no-holds barred question answer sessions with a group of potential serious investors.
As a part of this agreement, I, a potential Investor, represent as follows:
A deposit of $5000 is required to participate in the due diligence process, of which $4500 is refundable when you make an irrevocable decision in writing not to invest and such a decision is made after six months.
Funds you provide us under this agreement would be held in a separate escrow account at Wells Fargo Bank with the escrow agreement as herein:
(By typing your name, date and clicking 'submit' you agree and understand the terms listed above.)
Note: Form will not submit until all fields are filled out correctly. Unfilled items will be highlighted in red.
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