Purchase Confirmation for Advanced Environmental Recycling Technologies, Inc. Renewable Unsecured Subordinated Note

Contract Categories: Business Finance › Note Agreements
Summary

This document confirms the purchase of a Renewable Unsecured Subordinated Note issued by Advanced Environmental Recycling Technologies, Inc. The investor will receive interest payments directly to their bank account according to the specified schedule. Sumner Harrington Ltd. acted as the selling agent and will receive fees from the issuer, but these fees do not affect the investor's principal or interest. The note is issued in book-entry form only, with no physical certificate provided. Key details such as purchase amount, interest rate, and payment terms are outlined in the confirmation.

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EX-4.9 5 d66114exv4w9.htm EX-4.9 exv4w9
EXHIBIT 4.9
ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC.
914 N Jefferson Street
Post Office Box 1237
Springdale, Arkansas 72765
PURCHASE CONFIRMATION
     
[Investor name and address]
  STATEMENT DATE:                     , 200        
TRANSACTION INFORMATION
SECURITY DESCRIPTION: Advanced Environmental Recycling Technologies, Inc. Renewable Unsecured Subordinated Note
TRANSACTION: PURCHASE
TYPE OF OWNERSHIP:                     
SSN:                                                             
                 
NOTE ID
  TERM   PURCHASE DATE   MATURITY DATE   PAYMENT SCHEDULE
 
               
 
                
             
PRINCIPAL AMOUNT
  INTEREST RATE   INVESTOR FEES   NET AMOUNT
 
           
 
            
NOTE: These securities are issued in book-entry form only; no physical certificates will be provided.
     
INTEREST PAYMENT INFORMATION
    
ACCOUNT NAME:
  BANK:
ACCOUNT #:
  ROUTING NUMBER:
INTEREST PAYMENT METHOD: ACH (Direct Deposit)
    
Your interest payments will be automatically deposited directly into the account listed above. Please verify the account information. If it is incorrect, please call Sumner Harrington Investor Services at ###-###-####.
All interest payments will be made in accordance with the Interest payment schedule shown in the previous section. If your note pays interest monthly and the monthly interest payment date you selected is within five business days of the Purchase Date, your first interest payment will be made the following month and will include all of the interest earned since the Note Issue Date. If an interest payment date falls on a Saturday, Sunday, or legal holiday, the payment will be made on the next business day.
SECURITIES OFFERED THROUGH SUMNER HARRINGTON LTD.
Sumner Harrington Ltd. was the selling agent for the Issuer in this transaction and is sending you this confirmation statement on the Issuer’s behalf. The Issuer will pay Sumner Harrington Ltd. fees and commissions of up to 3% of the Net Amount as its selling agent plus other fees for providing marketing and other services, but this will not affect your interest or principal.
PLEASE CALL SUMNER HARRINGTON LTD. INVESTOR SERVICES AT ###-###-#### IF YOU HAVE ANY QUESTIONS.
     
Sumner Harrington Ltd.   (800) 234-5777
11100 Wayzata Blvd., Suite 170   ***@***
Minneapolis, MN 55305   www.sumnerharrington.com