SUBSCRIPTION AGREEMENT
Exhibit 99.1
SUBSCRIPTION AGREEMENT - COMMON SHARES
BAYLOR INDUSTRIES, INC.
14601 Bellaire Blvd, Suite 338
Houston, Texas 77083
IN ORDER TO PURCHASE SHARES OF COMMON STOCK, $.001 PAR VALUE PER SHARE, OF
BAYLOR INDUSTRIES, Inc., (THE "COMPANY") AS DESCRIBED IN THE PROSPECTUS DATED
DECEMBER __, 2001, ACCOMPANYING THIS SUBSCRIPTION AGREEMENT, EACH SUBSCRIBER
MUST COMPLETE, EXECUTE AND RETURN THIS SUBSCRIPTION AGREEMENT, ALONG WITH THE
PAYMENT, BY CHECK PAYABLE TO "BAYLOR INDUSTRIES,INC." FOR THE SHARES
PURCHASED, TO THE COMPANY AT 14601 BELLAIRE BLVD., SUITE 338 HOUSTON, TX
77083. CAPITALIZED TERMS USED HEREIN AND NOT OTHERWISE DEFINED SHALL HAVE THE
MEANING ASCRIBED THERETO IN THE PROSPECTUS.
1. Subscription
The undersigned (the "Subscriber") hereby subscribes for and agrees to
purchase from the Baylor Industries, Inc. (the "Company"), subject to the
terms and conditions set forth in the Prospectus dated December ___, 2000
(the "Prospectus"), a copy of which accompanied this Subscription Agreement,
___________shares of the Company's common stock $.001 par value per share, at
a price per Share of $.025 per share or $____________ in the aggregate (the
"Subscription Price").
2. Payment
The Subscription Price must accompany this Subscription and shall be paid by
check payable to "Baylor Industries, Inc."
3. Subscription Information
If an Individual:
_____________________________________________________________________________
Full Name (type or print) Social Security Number
_____________________________________________________________________________
Address, City, State, Zip Telephone
If a Corporation:
_____________________________________________________________________________
Full Corporation Name (type or print)Tax ID Number
____________________________________________________________________________
Head Office Address, City, State, Zip Telephone
4. Special State Law Considerations
THE SHARES HAVE NOT BEEN REGISTERED IN THE STATES OF TEXAS AND NEVADA, BY
REASON OF SPECIFIC EXEMPTIONS THEREUNDER RELATING TO THE LIMITED AVAILABILITY
OF THE OFFERING. THE SHARES CANNOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED
OF TO ANY PERSON OR ENTITY UNLESS SUBSEQUENTLY REGISTERED IN THE STATES OF
TEXAS AND NEVADA, IF SUCH REGISTRATION IS REQUIRED.
THE SHARES HAVE NOT BEEN REGISTERED UNDER THE TEXAS UNIFORM SECURITIES ACT,
IN RELIANCE UPON THE EXEMPTION CONTAINED IN SECTION 581-5(T) AND RULE
109.13(K) OF SUCH ACT. THESE SECURITIES CANNOT BE SOLD, TRANSFERRED OR OTHER
DISPOSED OF TO ANY PERSON OR ENTITY UNLESS SUBSEQUENTLY REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED AND/OR THE TEXAS SECURITIES ACT OR
EXEMPTION THEREFROM.
THE SHARES HAVE NOT BEEN REGISTERED UNDER THE NEVADA UNIFORM SECURITIES ACT,
IN THE EVENT THAT SALES ARE NOT MADE TO TWENTY FIVE (25) OR MORE PERSONS IN
THE STATE OF NEVADA PURSUANT TO THE EXEMPTION FOR LIMITED OFFERS OR SALES OF
SECURITIES SET FORTH IN NEVADA REVISED STATUTE SECTION 90.530(11) OF THE
NEVADA UNIFORM SECURITIES ACT.
5. Miscellaneous
(a) All pronouns and any variations thereof used herein shall be deemed to
refer to the masculine, feminine, impersonal, singular or plural, as the
identity of the person or persons may require.
(b) This Subscription Agreement constitutes the legal, valid and binding
obligation of the undersigned enforceable in accordance with its terms this
Subscription Agreement shall be enforced, governed and construed in all
respects in accordance with the laws of the State of Nevada, as such laws are
applied by Nevada courts to agreements entered into and to be performed in
Nevada and between residents of Nevada, and shall be binding upon the
Subscriber, the Subscriber's heirs, estate, legal representatives, successors
and assigns. If any provision of this Subscription Agreement is invalid or
unenforceable under any applicable statute or rule of law, then such
provision shall be deemed inoperative to the extent that it may conflict
therewith and shall be deemed modified to conform with such statute or rule
of law. Any provision hereof that may prove invalid or unenforceable under
any law shall not affect the validity or enforceability of any other
provision hereof.
(c) This Subscription Agreement constitutes the entire agreement between
the parties hereto with respect to the subject matter hereof and may be
amended only by a writing executed by both parties hereto.
(d) Except as set forth herein, neither this Subscription Agreement nor any
provision hereof shall be waived, modified, changed, discharged, terminated,
revoked or canceled except by an instrument in writing signed by the party
effecting the same against whom any change, discharge or termination is
sought.
(e) The offering may be withdrawn at any time prior to the issuance of Shares
to prospective Subscribers. Further, in connection with the offer and sale of
the Shares, the Company reserves the right, in its sole discretion, to reject
any subscription in whole or in part or to allot to any prospective
subscriber fewer than the Shares applied for by such subscriber. The Shares
are offered by the Company subject to prior sale, acceptance of an offer to
purchase, withdrawal, cancellation or modification of the offer, without
notice.
(f) This Subscription Agreement does not constitute an offer to sell or a
solicitation of any offer to buy any securities offered hereby by anyone in
any jurisdiction in which such offer or solicitation is not qualified to do
so or to anyone to whom it is unlawful to make such offer or solicitation.
IN WITNESS WHEREOF, THE SUBSCRIBER HAS EXECUTED THIS SUBSCRIPTION AGREEMENT
ON THIS ______ DAY OF ____________, _____.
__________________________________________
Name of Subscriber (Please type or Print)
___________________________________________
Accepted this ___ day of _________, _____[Signature of Subscriber or of duly
authorized signatory of a corporation, partnership or other subscriber that
is not a natural person] BAYLOR INDUSTRIES, INC.
Name:_____________________________________
By: ____________________________________
Title:______________________________________
(Signature of duly authorized signatory) Please print or type name and title
of duly authorized signatory of a corporate, partnership or other subscriber
that is not a natural person.