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okay lets talk about subscription agreements subscription agreements are used by startups when they want to raise money by selling equity in their company there are generally two types of these agreements out there one for common stock and the other is for preferred stock so whats the difference common stock subscription agreements usually do not require an amendment to the Charter since every corporation has common stock originally this would just be saying the basic stock of the company which will come with voting rights and have all the same rights as the founders before its dogged gravy time over a little bit different these usually do require an amendment to the Charter because you have to issue the preferred stock and will the rights that may come with it these agreements lay out things such as dividend rights the rights to for members information rights and any other rights that you wish to give to these particular stock holders now which one youre going to use depends on w
