Subscription Agreement between ShiftPixy Investments, Inc. and TechStackery, Inc. for Common Stock Purchase
ShiftPixy Investments, Inc. agrees to purchase 7,187,500 shares of common stock in TechStackery, Inc. for $25,000. The shares will be issued according to TechStackery's Certificate of Incorporation, and ShiftPixy Investments, Inc. will be recorded as a shareholder. Both parties have signed the agreement on February 18, 2021.
Exhibit 10.5
SUBSCRIPTION AGREEMENT
TO: The Directors of TechStackery, Inc. (the “Company”).
The undersigned hereby subscribes for 7,187,500 shares of common stock, par value $0.0001 per share (the “Shares”) of the Company. In consideration for the issue of the Shares, the undersigned hereby agrees and undertakes to pay $25,000 to the Company.
The undersigned agrees to take the Shares subject to the Certificate of Incorporation of the Company and authorizes you to enter the following name and address in the stockholder ledger of the Company:
| Name: | ShiftPixy Investments, Inc. | |
| Address: | 501 Brickell Key Drive, Suite 300 Miami, FL 33131 |
ShiftPixy Investments, Inc.
| Signed: | /s/ Scott W. Absher | |
| Name: | Scott W. Absher | |
| Title: | Chief Executive Officer | |
| Dated: | February 18, 2021 |
Accepted:
TechStackery, Inc.
| Signed: | /s/ Scott W. Absher | |
| Name: | Scott W. Absher | |
| Title: | Chief Executive Officer | |
| Dated: | February 18, 2021 |
