LIBERTY RENEWABLE FUELS LLC SUBSCRIPTION AGREEMENTLLC Subscription Agreement |
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LIBERTY RENEWABLE FUELS LLC. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Search LLC Subscription Agreement by:
Exhibit 4.2
LIBERTY RENEWABLE FUELS LLC
SUBSCRIPTION AGREEMENT
Limited Liability Company Membership Units
$5,000 PER UNIT
MINIMUM INVESTMENT OF 4 UNITS ($20,000)
1 UNIT INCREMENTS THEREAFTER ($5,000)
The undersigned subscriber, desiring to become a member of Liberty Renewable Fuels LLC (“Liberty”), a Delaware limited liability company, with its principal place of business at 3508 E. M-21, Corunna, Michigan 48817, hereby subscribes for the purchase of the membership interests of Liberty and agrees to pay the related purchase price, identified below.
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A. |
SUBSCRIBER INFORMATION. Please print your individual or entity name and address. Joint subscribers should provide their respective names. Your name and address will be recorded exactly as printed below. |
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Subscriber’s Printed Name: |
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Title, if applicable: |
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Subscriber’s Address: |
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Street |
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City, State, Zip Code: |
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Email Address: |
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B. |
NUMBER OF UNITS PURCHASED. You must purchase at least 4 units. Your ownership interest may not exceed 20% of all our outstanding membership units. We presently have units outstanding. Therefore, the maximum number of units you may own is units if we sell the minimum offering and units if we sell the maximum. |
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(“Number of Units”)
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PURCHASE PRICE. Indicate the dollar amount of your investment (minimum investment is $20,000). |
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1. Total Purchase Price ($5,000.00 Per Unit multiplied by the Number in box B above.) |
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2. 1st Installment (20% of the Total Purchase Price) |
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3. 2nd Installment (80% of the Total Purchase Price) |
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(“Subscription Price”) |
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D. |
GENERAL INSTRUCTION FOR SUBSCRIBERS: You should read Liberty’s Prospectus dated (the “Prospectus”) in its entirety, including exhibits, for a complete explanation of an investment in Liberty Renewable Fuels LLC. |
INSTRUCTIONS — YOU MUST FOLLOW STEPS 1 THROUGH 3 BELOW:
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1. |
Complete all information required in this Subscription Agreement, and date and sign the Subscription Agreement on page 5 and the Member Signature Page to our Company Agreement attached to this Subscription Agreement as Exhibit A. |
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2. |
Immediately provide your personal (or business) check for twenty percent (20%) (100% if this Subscription Agreement is submitted following Liberty’s execution of loan agreements which provide for debt financing for the project) of the amount of your investment (as determined in Subscription Price and Number of Units purchased on page 1) made payable to “Fifth Third Bank, Escrow Agent for Liberty Renewable Fuels LLC.” |
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Deliver the original executed documents referenced in Item 1 of these Instructions, together with your personal or business check described in Item 2 of these Instructions to the following: |
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Liberty Renewable Fuels LLC 3508 E. M-21 Corunna, Michigan 48817 Attention: David Skjaerlund |
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If we accept your investment, your funds will be at-risk upon the initial closing as described in the Prospectus. Liberty may, in its sole discretion, reject or accept any part or all of your subscription. If Liberty rejects your subscription, your Subscription Agreement and investment will be returned to your promptly. Liberty may not consider the acceptance or rejection of your subscription until a future date near the end of this offering.
YOU MAY DIRECT YOUR QUESTIONS TO ONE OF OUR MANAGERS LISTED BELOW AT (989) 743-1042, OR AT OUR BUSINESS ADDRESS LIBERTY RENEWABLE FUELS LLC, 3508 E. M-21, CORUNNA, MICHIGAN 48817:
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NAME |
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POSITION |
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David Skjaerlund |
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Manager, President & Chief Executive Officer |
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Tom Pumford |
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Manager, Chief Financial Officer and Secretary |
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Wilson Lauer |
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Manager & Vice President |
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Dennis Muchmore |
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Manager & Vice President |
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Bob Kennedy |
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Manager & Vice President |
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Matt Dutcher |
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Manager & Vice President |
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E. |
ADDITIONAL SUBSCRIBER INFORMATION. The subscriber, named above, certifies the following under the penalties of perjury: |
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1. |
FORM OF OWNERSHIP. Check the appropriate box (one only) to indicate the form of ownership. If the subscriber is a Custodian, Corporation, Partnership or Trust, please provide the additional information requested. |
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Individual. |
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Joint Tenants with Right of Survivorship (Both signatures must appear on page 5). |
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Corporation, Limited Liability Company or Partnership (Corporate Resolutions, Operating Agreement or Partnership Agreement must be enclosed). |
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Trust. |
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Trustee’s Name: Trust Date: |
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Other: Provide detailed information in the space immediately below. |
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SUBSCRIBER’S TAXPAYER INFORMATION. Check the appropriate box if you are a non-resident alien, a U.S. citizen residing outside the United States or subject to backup withholding. Trusts should provide their taxpayer identification number. Custodians should provide the minor’s Social Security Number. All individual subscribers should provide their Social Security Number. Other entities should provide their taxpayer identification number. |
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