Exhibit
10.1


 


FORM
OF


 


SUBSCRIPTION
AGREEMENT


 


Common
Stock


 


of


 


Webstar
Technology Group, Inc.


 


This
subscription (this “Subscription”) is dated ____________, 202_, by and between the investor identified on the
signature page hereto (the “Investor”) and Webstar Technology Group, Inc., a Wyoming corporation (the “Company”),
whereby the parties agree as follows:


 


1.
Subscription


 


Investor
agrees to buy and the Company agrees to sell and issue to Investor such number of shares (the “Shares”) of the Company’s
common stock, $0.0001 par value per share, as set forth on the signature page hereto, for an aggregate purchase price (the “Purchase
Price”) equal to the product of (x) the aggregate number of Shares the Investor has agreed to purchase and (y) the purchase
price per share (the “Purchase Price”) as set forth on the signature page hereto. The Purchase Price is set
forth on the signature page hereto.


 


The
Shares are being offered pursuant to a Registration Statement on Form S-1, SEC File No. 333-222325 (the “Registration
Statement”). The Registration Statement is subject to change. A final Registration Statement and/or supplement to the
Registration Statement will be delivered to the Investor as required by law.


 


The
Shares are being offered by the Company on a “best efforts, minimum/maximum” basis as set forth in the Registration
Statement. The completion of the purchase and sale of the Shares (the “Closing”) shall take place at a place
and time (the “Closing Date”) to be specified by the Company in accordance with the Registration Statement.
Upon execution of this subscription agreement, the Investor shall pay the Purchase Price by check or by wire transfer of immediately
available funds to the Company’s escrow account per wire instructions as provided on the signature page below. At Closing,
the Company shall cause the Shares to be delivered to the Investor with the delivery of the Shares to be made, if available, through
the facilities of The Depository Trust Company’s DWAC system in accordance with the instructions set forth on the signature
page attached hereto under the heading “DWAC Instructions” (or through the physical delivery of certificates or book-entry
form evidencing the Shares to the address indicated below).


 


All
checks should be accompanied by a subscription agreement and will be promptly sent along with the subscription agreements to the
escrow account maintained with Foley & Lardner LLP (the “Escrow Agent”). In regards to monies being wired
from an investor’s bank account, the Company shall request the investors send their wires by the next business day to the
Escrow Agent following the receipt of a completed subscription document. In the event that funds are sent in and the offering
does not close, all funds will be returned to investors promptly in accordance with the escrow agreement terms and applicable
law.


 




    	 	-1-	 



     


    

 


2.
Certifications, Representations and Warranties


 


In
order to induce the Company to accept this Subscription Agreement for the Shares and as further consideration for such acceptance,
the undersigned hereby makes, adopts, confirms and agrees to all of the following covenants, acknowledgments, representations
and warranties with the full knowledge that the Company and its affiliates will expressly rely thereon in making a decision to
accept or reject this Subscription Agreement:


 


I
understand that the Company reserves the right to, in its sole discretion, accept or reject this Subscription, in whole or in
part, for any reason whatsoever, and to the extent not accepted, unused funds transmitted herewith shall be returned to the undersigned
in full, without any interest accrued thereon.


 


I
have received the Registration Statement.


 


I
am purchasing the Shares for my own account.


 


I
hereby represent and warrant that I am not, and am not acting as an agent, representative, intermediary or nominee for any person
identified on the list of blocked persons maintained by the Office of Foreign Assets Control, U.S. Department of Treasury. In
addition, I have complied with all applicable U.S. laws, regulations, directives, and executive orders relating to anti-money
laundering including but not limited to the following laws: (1) the Uniting and Strengthening America by Providing Appropriate
Tools Required to Intercept and Obstruct Terrorism Act of 2001, Public Law 107-56; and (2) Executive Order 13224 (Blocking Property
and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism) of September 23, 2001.


 


By
making the foregoing representations you have not waived any right of action you may have under federal or state securities law.
Any such waiver would be unenforceable. The Company will assert your representations as a defense in any subsequent litigation
where such assertion would be relevant. This Subscription Agreement and all rights hereunder shall be governed by, and interpreted
in accordance with, the laws of the State of Wyoming without giving effect to the principles of conflict of laws.


 


3.
Miscellaneous


 


This
Subscription Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the
same instrument and shall become effective when counterparts have been signed by each party and delivered to the other parties
hereto, it being understood that all parties need not sign the same counterpart. Execution may be made by delivery by facsimile
or via electronic format.


 


All
communications hereunder, except as may be otherwise specifically provided herein, shall be in writing and shall be mailed, hand
delivered, sent by a recognized overnight courier service such as FedEx, or sent via facsimile or other electronic means and confirmed
by letter, to the party to whom it is addressed at the following addresses or such other address as such party may advise the
other in writing:


 


To
the Company: as set forth on the signature page hereto.


 


To
the Investor: as set forth on the signature page hereto.


 


All
notices hereunder shall be effective upon receipt by the party to which it is addressed.


 


If
the foregoing correctly sets forth the parties’ agreement, please confirm this by signing and returning to the Company the
duplicate copy of this Subscription Agreement.


 


[Signature
Page Follows]


 




    	 	-2-	 



     


    

 


 


[Signature
Page to Investor Subscription Agreement for Webstar Technology Group, Inc.]


 


If
the foregoing correctly sets forth the parties’ agreement, please confirm this by signing and returning to the Company the
duplicate copy of this Subscription Agreement.


 


	Number
    of Shares:	 __________	 	INVESTOR:
	 	 	 	 	 
	Purchase
    Price per Share:	$
    0.10	 	 	 
	 	 	 	By:
    	       
	Aggregate
    Purchase Price: 	$
    __________	 	Name:
    	 
	 	 	 	Title:
    	 
	 	 	 	 	 
	 	 	 	Address:



 





	 		 
	 	 	 
	 	 	 




 


Method
of Payment:


 


[  ] Check enclosed


[  ] Wire


 


Wire
instructions:


 


	Bank
    Name & Address:	 
	 	 
	 	 
	Wire
    Routing (ABA/RTN):	 
	Beneficiary
    Account #:	 
	Beneficiary
    Name:	 
	For
    International Wires Only:	 
	Contact:	 
	Reference:	 


 


Checks
should be sent to:


 


Foley
& Lardner LLP


One
Independent Drive, Suite 1300


Jacksonville,
FL 32202


Attn:
Webstar Technology Group Escrow Agreement


 




    	 	-3-	 



     


    

 


 


Select
method of delivery of Shares: DRS or DWAC (if available)


 


DWAC
DELIVERY Instructions:


 


	1.	Name
    of DTC Participant (broker dealer at which the account or accounts to be credited with the Shares are maintained):
	 	 
	2.	DTC
    Participant Number:
	 	 
	3.	Name
    of Account at DTC Participant being credited with the Shares:
	 	 
	4.	Account
    Number of DTC Participant being credited with the Shares:
	 	 


 


Or
DRS Electronic Book Entry Delivery Instructions:


Name
in which Shares should be issued:


 


Address:
_________________; Street _________________


City/State/Zip:
_________________; Attention: _________________


Telephone
No.: _________________


 


If
an Investor’s Subscription needs to be returned, the Escrow Agent shall wire funds to:


 


Name
of Bank: ___________________________________________


 


Address
of Bank: _________________________________________


 


_________________________________________


 


ABA
# or Swift Code: ______________________________________


 


Account
Number: _________________________________________


 


For
Credit to: _________________________________________


 


Accepted
____________, 202_.


 


Webstar
Technology Group, Inc.


 


	By:
    	 	 
	Name:
    	 	 
	Title:
    	 	 


 


Address
Notice:


 


Webstar
Technology Group, Inc.


4231
Walnut Bend


Jacksonville,
Florida 32257


 




    	 	-4-