Exhibit 10.3
SUBSCRIPTION AGREEMENT
Excel Corporation
1384 Broadway, 17th Floor
New York, New York 10018
Dear Madam/sir:
Concurrent with execution of this Agreement, the undersigned (the “Purchaser”) is purchasing _______________________________________________ (__________) shares of Common Stock of Excel Corporation (the “Company”) at a price of $0.40 per Share (the “Subscription Price”).
Purchaser hereby confirms the subscription for and purchase of said number of shares and hereby agrees to pay herewith the Subscription Price for such Shares.
Purchaser further confirms that Charles Azrak solicited him/her/it to purchase the shares of Common Stock of the Company and no other person participated in such solicitation other than Charles Azrak.
MAKE CHECK PAYABLE TO: Excel Corporation
Executed this _____ day of ___________________, 2011.
Signature of Purchaser | ||
Printed Name of Purchaser | ||
Address of Purchaser |
PLEASE ENSURE FUNDS ARE IN US DOLLARS
X $0.40 | ___________ | = | US$ ________________ | |
Number of Shares Purchased | Total Subscription Price |
Form of Payment: | Cash: ______ | Check #: _______ | Money Order/Cashier Check ______ |
Excel Corporation,
By: _________________Title:___________ |