Venture Capital Pledge Agmt (00100783-6)（二）.docVIP

SUBSCRIPTION AGREEMENT FOR INVESTMENT IN THE NVCA-NEWSCHOOLS K-12 EDUCATION INFRASTRUCTURE FUND  Investor: Contact Person: Telephone: Fax: State/Country of Domicile: Subscription Amount (USD): $ NVCA-NEWSCHOOLS K-12 EDUCATION INFRASTRUCTURE FUND SUBSCRIPTION AGREEMENT NewSchools Venture Fund 49 Stevenson Street, Suite 575 San Francisco, CA 94105 This Subscription Agreement (this “Agreement”) is entered into by and between New Schools Fund (DBA NewSchools Venture Fund), a California nonprofit corporation (the “Company”), and the investor identified on Schedule A hereto (the “Investor”) in connection with the Investor’s contribution to the Company’s NVCA-NewSchools K-12 Education Infrastructure Fund (the “Fund”). The Investor hereby subscribes for a contribution in the Fund, and the Company and the Investor hereby agree as follows: 1. Amount of Contribution. The Investor agrees to contribute, in installments, an aggregate amount of Dollars ($ ) (the Investor’s “Capital Commitment”) to the Fund pursuant to the schedule below, but no time later than August 31, 2011. (All references herein are to United States Dollars.) Contribution Schedule: Amount Contribution Date Installment 1 , 20 Installment 2 , 20 Installment 3 , 20 Installment 4 , 20 2. Form of Contribution; Delivery. Payments of the Investor’s Capital Commitment shall be made in cash or in property acceptable to the Company. Cash payments of the Investor’s Capital Commitment shall be made by wire transfer pursuant to instructions provided by the Company, or by check delivered to the Company at the above address, on or prior to the due date of such payment on the schedule above. In the event that the Company agrees to accept non-cash property, the value ascribed to such property for the purposes of determining how much of the Investor’s Capital Commitment has been satisfied shall be its value for federal tax purposes, exce