Underwriting Agreement (Genie AI)

The Underwriting Agreement (Genie AI) is a legal template that outlines the terms and conditions between a company (Genie AI) and an underwriter in relation to a securities offering. This agreement establishes the agreement between the two parties regarding the purchase and sale of securities, typically during an IPO (Initial Public Offering) or other public offerings. It provides detailed provisions and clauses related to the securities being offered, the underwriting obligations of the underwriter, compensation arrangements, indemnification, termination rights, and other relevant terms. The agreement aims to establish a mutual understanding and legal framework for both parties involved in the underwriting process, ensuring transparency, protection, and compliance with the applicable securities laws.