Exhibit
10.1
COMPENSATION &
SUBSCRIPTION AGREEMENT
THE SECURITIES BEING
ACQUIRED BY YOU HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
OF 1933 OR APPLICABLE STATE BLUE SKY OR SECURITIES LAWS AND ARE
OFFERED UNDER AN EXEMPTION FROM THE REGISTRATION PROVISIONS OF SUCH
LAWS. THESE SECURITIES CANNOT BE SOLD, TRANSFERRED, ASSIGNED OR
OTHERWISE DISPOSED OF EXCEPT IN COMPLIANCE WITH THE RESTRICTIONS ON
TRANSFER CONTAINED IN THIS STOCK SUBSCRIPTION AGREEMENT AND
APPLICABLE FEDERAL AND STATE SECURITIES LAWS.
This Compensation & Subscription
Agreement is entered for the purpose of you, _________________Inc.,
(“You”) acquiring _____________ shares of the common
stock (the "Securities") of Disaboom, Inc. a Colorado corporation
(“Disaboom”) from Disaboom which such Securities being
issued to You in lieu of receiving a portion of the salary due and
owing.
A.
Notwithstanding any other agreement between the parties,
____________ agrees that in lieu of receiving $_____ of his or her
salary (the “Compensation”) for the period ending
___________, 2009 he or she will be issued __________ shares of
restricted Company common stock. You agree and acknowledge that the
shares of restricted common stock represent the full and complete
payment for the Compensation you have elected to receive in the
form of restricted stock. Upon issuance of the Securities You agree
and acknowledge that the Compensation has been paid in full and no
amount is due and owing from Disaboom.
B. In
connection with your acquisition of the Securities, you represent
and warrant to Disaboom as follows:
a. You
have been provided, and have reviewed all available reports filed
by Disaboom pursuant to the Securities Exchange Act of 1934,
including (without limitation) Disaboom' annual report on Form 10-K
for the most recently-completed fiscal year and all Forms 10-Q for
the quarters subsequent to the end of the most recent fiscal year,
and such other information as you may have requested of Disaboom
regarding its business, operations, management, and financial
condition (all of which is referred to herein as the "Available
Information").
b. You
have consulted with such advisors with regard to the advisability
of this transaction to the extent you have deemed such consultation
to be appropriate. You acknowledge that Disaboom has advised you
that it recommends that you obtain such advice and
consultation.
c. &nb
