Seed / Series A · Template 35 of 40

Subscription Agreement (investor round)

Use it when investors subscribe for shares in a priced round.

  • About 6 pages
  • 8 drafting notes in the margin
  • 21 clauses
  • Word (.docx)
  • England and Wales
  • Updated November 2026

What is in it

  1. Definitions
  2. Subscription
  3. Completion
  4. Warranties
  5. Limits on claims
  6. Company covenants and Founder obligations
  7. Confidentiality, announcements and costs
  8. General
  9. Corporate
  10. Information
  11. Accounts and finances
  12. Business and compliance
  13. Contracts
  14. Intellectual property
  15. IT, data and AI
  16. Employment and people
  17. Litigation
  18. Tax
  19. Founders
  20. Anti-bribery, sanctions and export
  21. SEIS / EIS (if applicable)

Plus a schedule of the commercial details and signature blocks where the document needs them.

Read the opening

The first part of the template, as it reads in Word. Blanks are shown as lines; the drafting notes sit in the margin of the file.

SUBSCRIPTION AGREEMENT

This Agreement is made on ____________________ between:

(1) ____________________ LTD, a company registered in England and Wales (registration number ____________) whose registered office is at ______________________________________________ (the “Company”);

(2) The persons named in Part A of Schedule 1 (the “Founders” or “Warrantors”); and

(3) The persons named in Part B of Schedule 1 (the “Investors”).

1. Definitions

“Articles”: the articles of association of the Company to be adopted at Completion.

“Completion”: completion of the subscription under clause 3.

“Disclosure Letter”: the letter of this date from the Warrantors to the Investors disclosing matters against the Warranties.

“Data Room”: the electronic data room of documents about the Company made available to the Investors, an index of which is in the Disclosure Letter.

How it works

  1. Pay by card. The download starts at once and the link keeps working.
  2. Open the Word file. Fill in the blanks, pick the options marked with boxes, read each note in the margin.
  3. Delete the notes and the notice box, then sign. Or send it to us for a fixed-fee check first.

Word template

£99 Instant download

One-off. No account needed. No VAT to add. Stripe emails a receipt you can use as an invoice.

Or fill it in online (platform plan)
  • Drafted by a solicitor for England and Wales
  • Drafting notes explain every choice
  • Instant download, link works again later
  • Last updated November 2026
  • Not right for you? Email us within 14 days and we refund it, no questions.
  • £50 off a fixed-fee review once filled in (from £99)

Part of a pack

Seed round pack, £299

8 documents for raising your first outside money.

See the pack

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Complete template library, £299

All 40 documents, with the index and guide.