Document:

exhibit 10.1

 

PROPERTY
MANAGEMENT CORPORATION OF AMERICA

 

SUBSCRIPTION
AGREEMENT

 

NO PURCHASER MAY ENGAGE IN ANY HEDGING
TRANSACTIONS WITH RESPECT TO THE SECURITIES.

 

		To:	Property Management Corporation of America

4174 Old Stockyard Road, Suite F

Marshall, Virginia 20115

		Attn:	Mr. C. Thomas McMillen

President and Chief Executive Officer

 

This Subscription Agreement
(“Agreement”) sets forth the terms under which the undersigned (“Subscriber”) will invest
in Property Management Corporation of America, a Delaware corporation (the “Corporation”). This subscription
is one of a limited number of subscriptions for up to 2,000,000 shares of Common Stock (the “Shares”) at a price
of $0.05 per share (the “Subscription Price”).

 

The Shares are being
offered to a limited number of Subscribers on behalf of the Corporation.

 

Execution of this Agreement
by the Subscriber shall constitute an offer by the Subscriber to subscribe for the Shares set forth in this Agreement on the terms
and conditions specified herein. The Corporation reserves the right to reject such subscription offer or, by executing a copy of
this Agreement, to accept such offer. If the Subscriber's offer is accepted, the Corporation will execute this Agreement and return
an executed copy of the Agreement to the Subscriber. If the Subscriber's offer is rejected, the payment accompanying this Agreement
will be returned, with the notice of rejection.

 

		A.	SUBSCRIBER DECLARATION

 

The Subscriber acknowledges
that the Subscriber is purchasing the Shares and represents that the Subscriber has the following relationship with a director,
officer or promoter of the Corporation (check one):

 

	Friend	_________
	 	 
	Relative	_________
	 	 
	Business Associate	_________

 

		B.	TERMS, CORPORATE DISCLOSURE AND GENERAL

SUBSCRIBER ACKNOWLEDGEMENTS AND WARRANTIES

 

		1.	Use of Funds of the Shares

 

The Subscriber acknowledges
that the funds to be raised from the Shares are to be employed for the business of the Corporation in accordance with management's
discretion as to the best use of the same for the Corporation's business plan. The Corporation reserves the right at any time to
alter its business plan in accordance with management's appraisal of the market for the goods and services of the Corporation.

 

    	 

    	 

    

 

		2.	Method of Subscription and Terms of Fund Release

 

A subscription shall
be made by delivering to the Corporation a signed copy of this Agreement and the Subscription Price made to the Corporation or
such party as the Corporation may direct. The funds will be employed by the Corporation immediately upon acceptance of the subscription,
or of the lesser amount if the full subscription is not accepted.

 

The Corporation shall
return to the Subscriber the Subscription Price, or such amount as has not been accepted, as to such part of the subscription which
the Corporation has not accepted.

 

The Subscriber
hereby agrees and acknowledges that:

 

(a)          Further
Financing. The Corporation may issue further offers similar to the within which may bear higher or lower prices, as reasonably
determined by the Corporation. The Corporation may, and will, acquire debt and/or equity financing in the future if required or
advisable in the course of the Corporation's business development.

 

(b)          Withdrawal
or Revocation. This Agreement is given for valuable consideration and shall not be withdrawn or revoked by the Subscriber
once tendered to the Corporation with the Subscription Price.

 

(c)          Agreement
to be Bound. The Subscriber hereby specifically agrees to be bound by the terms of this Agreement as to all particulars hereof
and hereby reaffirms the acknowledgments, representations and powers set forth in this Agreement.

 

(d)          Reliance
on Subscriber's Representations. The Subscriber understands that the Corporation will rely on the acknowledgments, representations
and covenants of the Subscriber herein in determining whether a sale of the Shares to the Subscriber is in compliance with applicable
securities laws. The Subscriber warrants that all acknowledgments, representations and covenants are true and accurate.

 

(e)          Waiver
of Preemptive Rights. The Subscriber hereby grants, conveys and vests the Chief Executive Officer of the Corporation as the
Subscriber's power of attorney solely for the purpose of waiving any prior or preemptive right which the Subscriber may have under
applicable law to further issues of the Shares of the Corporation.

 

		3.	Subscriber's Representations, Warranties and Understandings

 

The Subscriber
represents and warrants to the Corporation and understands that:

 

(a)          Principal.
The Subscriber is purchasing the Shares as principal for the Subscriber’s own account and not for the benefit of any other
person except as otherwise stated herein, and not with a view to the resale or distribution of all or any of the Shares.

 

(b)          Decision
to Purchase. The decision of the Subscriber to enter into this Agreement and to purchase Shares pursuant hereto has been based
only on the representation of this agreement and any collateral business plan or offering memorandum provided herewith or based
upon the Subscriber's relationship with the foregoing stated person of the Corporation. It is not made on other information relating
to the Corporation and not upon any oral representation as to fact or otherwise made by or on behalf of the Corporation or any
other person. The Subscriber agrees that the Corporation assumes no responsibility or liability of any nature whatsoever for the
accuracy, adequacy or completeness of any business plan information, which has been created based upon the Corporation's management
experience. In particular, and without limiting the generality of the foregoing, the decision to subscribe for Shares has not
been influenced by:

 

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		·	Newspaper, magazine or other media articles or reports related to the Corporation or its business;
or

 

		·	Promotional literature or other materials used by the Corporation for sales or marketing purposes;
or

 

		·	Any representation, oral or otherwise that the Corporation will become a publicly traded company,
that the Shares will be repurchased or have any guaranteed future realizable value, or that there is any certainty as to the success
of the Corporation or liquidity or value of the Shares.

 

(c)          Economic
Risk. The Subscriber has such knowledge and experience in financial and business affairs as to be capable of evaluation the
merits and risks of the Subscriber’s investment in the Shares and the Subscriber is able to bear the economic risk of a
total loss of the Subscriber's investment in the Shares.

 

(d)          Speculative
Investment. The Subscriber understands that an investment in the Shares is a speculative investment and that there is no guarantee
of success of management's plans. Management's plans are an effort to apply present knowledge and experience to project a future
course of action which is hoped will result in financial success employing the Corporation's assets and present level of management's
skills, and those whom the Corporation will need to attract (which cannot be assured). Additionally, all plans are capable of
being frustrated by new or unrecognized or unappreciated circumstances which can typically not be accurately, or at all, predicted.

 

(e)          Address.
The Subscriber is resident as set out on the last page of this Agreement as the "Subscriber's Address" and the address
set forth on the last page of this Agreement is the true and correct address of the Subscriber.

 

(f)          Risk
and Resale Restriction. The Subscriber is aware of the risks and other characteristics of the Shares and of the fact that
the Subscriber will not be able to resell the Shares except in accordance with the applicable securities legislation and regulatory
policy.

 

(g)          Receipt
of Information. The Subscriber acknowledges that, to the Subscriber’s satisfaction:

 

		·	The Subscriber has either had access to or has been furnished with sufficient information regarding
the Corporation and the terms of this investment transaction to the Subscriber’s satisfaction;

 

		·	The Subscriber has been provided the opportunity to ask questions concerning this investment transaction
and the terms and conditions thereof and all such questions have been answered to the Subscriber’s satisfaction; and

 

		·	The Subscriber has been given ready access to and an opportunity to review any information, oral
or written, that the Subscriber has requested, in particular to any offering memorandum or business plan of the Corporation, if
available, concurrent with or as a part of this subscription.

 

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(h)           Confidentiality.
The Subscriber understands that the Corporation's business plan and this Agreement are confidential. The Subscriber has not distributed
such, or divulged the contents thereof, to anyone other than such legal or financial advisors as the Subscriber has deemed desirable
for purposes of evaluating an investment in the Shares and the Subscriber has not made any copies thereof except for the Subscriber’s
own records.

 

(i)            Age
of Majority. The Subscriber, if an individual, has attained the age of majority and is legally competent to execute this Agreement
and to take all actions required pursuant hereto.

 

(j)            Authorization
and Formation of Subscriber. The Subscriber, if a corporation, partnership, trust or other form of business entity, is authorized
and otherwise duly qualified to purchase and hold the Shares and such entity has not been formed for the specific purpose of acquiring
Shares in the offering. If the Subscriber is one of the aforementioned entities, it hereby agrees that upon request of the Corporation
it will supply the Corporation with any additional written information that may be requested by the Corporation.

 

(k)           Legal
Obligation. This Agreement has been duly and validly authorized, executed and delivered by and constitutes a legal, valid,
binding and enforceable obligation of the Subscriber.

 

(l)            Compliance
with Applicable Laws. The Subscriber knows of no reason why the delivery of this Agreement, the acceptance of it by the Corporation
and the issuance of the Shares to the Subscriber will not comply with all applicable laws of the Subscriber's jurisdiction of
residence or domicile, and all other applicable laws, and the Subscriber has no reason to believe that such will cause the Corporation
to become subject to or required to comply with any additional disclosure, prospectus or reporting requirements. The Subscriber
will comply with all applicable securities laws and will assist the Corporation in all reasonable manners to comply with all applicable
securities laws.

 

(m)          Encumbrance
or Transfer of Shares. The Subscriber will not sell, assign, gift, pledge or encumber in any manner whatsoever the Shares
herein subscribed without the prior written consent of the Corporation and in accordance with applicable securities laws.

 

The Subscriber agrees
that the above representations and warranties of the Subscriber will be true and correct as of the execution of and acceptance
of this Agreement and will survive the completion of the issuance of the Shares. The Subscriber understands that the Corporation
will rely on the representations and warranties of the Subscriber herein in determining whether a sale of the Shares to the Subscriber
is in compliance with foreign, federal, state and local securities laws and the Subscriber agrees to indemnify and hold harmless
the Corporation from all damages or claims resulting from any misrepresentation by the Subscriber.

 

		4.	Material Changes

 

The Subscriber undertakes
to notify the Corporation immediately should there be any material change in the foregoing warranties and representations and provide
the Corporation with the revised or corrected information. The Subscriber hereby agrees to indemnify and hold the Corporation and
its affiliates, and the Escrow Agent harmless from and against any and all liability, damage, cost or expense (including reasonable
attorneys' fees) incurred on account of or arising out of:

 

(a)          Any inaccuracy
in the Subscriber's acknowledgments, representations or warranties set forth in this Agreement;

 

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(b)          The
Subscriber's disposition of any of the Shares contrary to the Subscriber's acknowledgments, representations or warranties in this
Agreement;

 

(c)          Any
suit or proceeding based upon a claim that said acknowledgments, representations or warranties were inaccurate or misleading or
otherwise cause for obtaining damages or redress from the Corporation or its affiliates or the disposition of all or any part of
the Subscriber's Shares; and

 

(d)          The
Subscriber's failure to fulfill any or all of the Subscriber's obligations herein.

 

		5.	Address for Delivery

 

Each notice, demand or
other communication required or permitted to be given under this Agreement shall be in writing and shall be sent by delivery (electronic
or otherwise) or prepaid registered mail deposited in a post office addressed to the Subscriber or the Corporation at the address
specified in this Agreement. The date of receipt of such notice, demand or other communication shall be the date of delivery thereof
if delivered, or, if given by registered mail as aforesaid, shall be deemed conclusively to be the fifth day after the same shall
have been so mailed, except in the case of interruption of postal services for any reason whatsoever, in which case the date of
receipt shall be the date on which the notice, demand or other communication is actually received by the addressee.

 

		6.	Change of Address

 

Either party may at any
time, and from time to time notify the other party in writing of a change of address and the new address to which notice shall
be given to it thereafter until further change.

 

		7.	Severability and Construction

 

Each section, sub-section,
paragraph, sub-paragraph, term and provision of this Agreement, and any portion thereof, shall be considered severable, and if,
for any reason, any portion of this Agreement is determined to be invalid, contrary to or in conflict with any applicable present
or future law, rule or regulation, that ruling shall not impair the operation of, or have any other effect upon, such other portions
of this Agreement as may remain otherwise intelligible (all of which shall remain binding on the parties and continue to be given
full force and agreement as of the date upon which the ruling becomes final).

 

		8.	Governing Law

 

This Agreement shall
be governed by and construed in accordance with the laws of the State of Delaware. Any dispute regarding matters as between the
Subscriber and the Corporation, whether as a subscriber or shareholder, and whether arising under this Agreement or pursuant to
applicable law, shall be adjudicated in Delaware unless the Corporation shall determine or permit otherwise.

 

		9.	Survival of Representations and Warranties

 

The covenants, representations
and warranties contained herein shall survive the closing of the transactions contemplated hereby.

 

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		10.	Counterparts

 

This Agreement may be
signed by the parties hereto in as many counterparts as may be necessary, each of which so signed shall be deemed to be an original,
and such counterparts together shall constitute one and the same instrument and notwithstanding the date of execution will be deemed
to bear the execution date as set forth in this Agreement. This Agreement may be executed and exchanged by facsimile and such facsimile
copies shall be valid and enforceable agreements.

 

		11.	Entire Agreement

 

This Agreement constitutes
the only agreement between the parties with respect to the subject matter hereof and shall supersede any and all prior negotiations
and understandings. There are no collateral agreements or understandings hereto and this Agreement, and the documents contemplated
herein, constitutes the totality of the parties' agreement. This Agreement may be amended or modified in any respect by written
instrument only.

 

		12.	Successors and Assigns

 

The terms and provisions
of this Agreement shall be binding upon and inure to the benefit of the Subscriber and the Corporation, and their respective successors
and lawfully permitted assigns; provided that, except as herein provided, this Agreement shall not be assignable by any party without
the written consent of the other. The benefit and obligations of this Agreement, insofar as they extend to or affect the Subscriber,
shall pass with any assignment or transfer of the Shares in accordance with the terms of this Agreement.

 

		13.	Subscription Amount and Payments

 

Subscriber hereby subscribes
for ______________ (Number) of Shares for a total purchase price of $________ (Number of Shares x $0.05) and hereby submits a check
in the amount of $________ (Number of Shares x $0.05) made payable to:

 

	 	Property Management Corporation of America
	 	4174 Old Stockyard Road, Suite F
	 	Marshall, Virginia 20115
	 	Attn:   Mr. C. Thomas McMillen
	 	President and Chief Executive Officer

 

		14.	Effective Date

 

This Agreement shall
take effect upon the date of acceptance by the Corporation.

 

DATED at __________,
__________ on this _____ day of __________ 2014.

 

	Name of Subscriber (please print):	 
	 	 
	 	 
	 	 
	Official Capacity or Title (corporations only):
	 	 
	 	 
	 	 
	Social Security Number / Corporate Federal ID Number:
	 	 
	 	 

 

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	Subscriber's Address:	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	Subscriber's E-mail Address:	 
	 	 
	 	 
	 	 
	Telephone Number:	 
	 	 
	 	 
	 	 
	Authorized Signature:	 
	 	 
	 	 

 

ACCEPTANCE

 

The Corporation hereby
accepts the above subscription as of this _____ day of ________ 2014.

 

	 	PROPERTY MANAGEMENT CORPORATION OF AMERICA
	 	 
	 	By:	 
	 	 	 
	 	Title:	 

 

    	7EXHIBIT 10.3

SECURED PROMISSORY NOTE

 

	Amount:   Up to $50,000.00	Date: January 17, 2014

 

FOR VALUE RECEIVED, the undersigned,
Property Management Corporation of America (the “Promissor”), promises to pay Washington Capital Advisors
LLC (the “Holder”), at the address listed in Section 14 hereof or other address as the Holder shall specify
in writing, the principal sum of Fifty Thousand dollars ($50,000.00), or such portion thereof outstanding by January 17, 2015
(“Due Date”), together with interest of one and one half percent (1.5%) pursuant to the following terms of this
Promissory Note (the “Note”). This Note is made with recourse.

 

1.             Interest.
During the term of the Note, the Promissor hereby promises to pay to the order of the Holder no later than January 17, 2015
(the “Maturity Date”) in lawful money of the United States of America and in immediately available funds the
principal sum of the Note then outstanding, together with interest accrued on the Note at the rate of one and one half percent
(1.5%). Interest will be calculated from the day of receipt of the funds under the Note until the Note is fully paid or January
17, 2015, whichever is sooner.

 

2.             Right
of Prepayment. The Promissor at its option shall have the right to prepay (in whole) the Note and accrued interest at any
time prior to the Maturity Date, with no prepayment penalty.

 

3.             Waiver
. Promissor waives presentment for payment, protest, and notice of protest and nonpayment of this Note.

 

4.             Costs,
Indemnities and Expenses. In the event of default as described herein, the Promissor agrees to pay all reasonable fees
and costs incurred by the Holder in collecting or securing or attempting to collect or secure this Note, including reasonable attorneys’
fees and expenses, whether or not involving litigation, collecting upon any judgments and/or appellate or bankruptcy proceedings.
The Promissor agrees to pay any documentary stamp taxes, intangible taxes or other taxes which may now or hereafter apply to this
Note or any payment made in respect of this Note, and the Promissor agrees to indemnify and hold the Holder harmless from and against
any liability, costs, attorneys’ fees, penalties, interest or expenses relating to any such taxes, as and when the same may
be incurred.

 

5.             Security.
In connection with the issuance of this Note, the Promissor hereby grants a security interest to the Holder in all the assets of
the Promissor, up to the amount of the Holders Note, including interest due thereon (the “Pledged Property”).

 

6.             Event
of Default. An “Event of Default” shall be deemed to have occurred upon the occurrence of any of the
following:

 

    	 

    	 

    

 

(i)         The
Promissor should fail for any reason or for no reason to make any payment of the principal of, interest on or other charges in
respect of this Note, within ten (10) days of the date the same shall become due and payable (whether the Maturity Date or by acceleration
or otherwise); and

 

(ii)         The
Promissor shall fail to observe or perform any other covenant, agreement, or warranty contained herein or otherwise commit any
breach or default of any provision of this Note.

 

7.             Remedies.         Upon
an Event of Default (as defined above), the entire principal balance and transaction fee under this Note shall be immediately due
and payable without any action on the part of the Holder, and the Holder shall be entitled to seek and institute any and all remedies
available to it.

 

8.            Cancellation
of Note. Upon the repayment by the Promissor of all of its obligations hereunder to the Holder, including, without limitation,
the principal amount of this Note, plus accrued but unpaid interest, the indebtedness evidenced hereby shall be deemed canceled
and paid in full. Except as otherwise required by law or by the provisions of this Note, payments received by the Holder hereunder
shall be applied first against expenses and indemnities, next against interest accrued on this Note, and next in reduction of the
outstanding principal balance of this Note.

 

9.             Covenant.
So long as the obligations hereunder remain outstanding, the Promissor agrees not to grant any future security interest in the
Pledged Property. The Promissor agrees not to sell, pledge or otherwise transfer the Pledged Property.

 

10.           Severability;
Amendment and Waiver. If any provision of this Note is, for any reason, invalid or unenforceable, the remaining
provisions of this Note will nevertheless be valid and enforceable and will remain in full force and effect. Any provision of this
Note that is held invalid or unenforceable by a court of competent jurisdiction will be deemed modified to the extent necessary
to make it valid and enforceable and as so modified will remain in full force and effect. This Note may be amended, or any provision
of this Note may be waived, provided that any such amendment or waiver will be binding on a party hereto only if such amendment
or waiver is set forth in a writing executed by the parties hereto. The waiver by any such party hereto of a breach of any provision
of this Note shall not operate or be construed as a waiver of any other breach.

 

11.           Successors.
Except as otherwise provided herein, this Note shall bind and inure to the benefit of and be enforceable by the parties hereto
and their permitted successors and assigns.

 

12.           Assignment.
This Note shall not be directly or indirectly assignable or delegable by the Promissor. The Holder may assign this Note without
the prior written consent of Promissor.

 

13.           No
Strict Construction. The language used in this Note will be deemed to be the language chosen by the parties hereto to express
their mutual intent, and no rule of strict construction will be applied against any party.

 

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14.           Further
Assurances. Each party hereto will execute all documents and take such other actions as the other party may reasonably
request in order to consummate the transactions provided for herein and to accomplish the purposes of this Note.

 

15.           Notices,
Consents, etc.  Any notices, consents, waivers or other communications required or permitted to be given under
the terms hereof must be in writing and will be deemed to have been delivered: (i) upon receipt, when delivered personally; (ii)
one (1) day after deposit with a nationally recognized overnight delivery service, in each case properly addressed to the party
to receive the same. The addresses for such communications shall be:

 

	If to Promissor:	Property Management Company of America
	 	4174 Old Stock Yard Road, Suite F
	 	Marshall, VA 20115
	 	Telephone:  (540) 364-8181
	 	 
	If to the Holder:	Washington Capital Advisors LLC
	 	4174 Old Stockyard Road, Suite F
	 	Marshall, VA 20115
	 	Telephone:  (540) 364-8128

 

or at such other address and/or to the
attention of such other person as the recipient party has specified by written notice given to each other party three (3) trading
days prior to the effectiveness of such change. Written confirmation of receipt (A) given by the recipient of such notice, consent,
waiver or other communication, (B) provided by a nationally recognized overnight delivery service, shall be rebuttable evidence
of personal service, or receipt from a nationally recognized overnight delivery service in accordance with clause (i) or (ii) above,
respectively.

 

16.           Governing
Law. All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed
by the internal laws of the State of Virginia, without giving effect to any choice of law or conflict of law provision or rule
(whether of the State of Virginia or any other jurisdictions) that would cause the application of the laws of any jurisdictions
other than the State of Virginia.

 

17.           Third
Parties. Nothing herein expressed or implied is intended or shall be construed to confer upon or give to any person or
entity, other than the parties to this Note and their respective permitted successor and assigns, any rights or remedies under
or by reason of this Note.

 

18.           Entire
Agreement.  This Note (including any recitals hereto) set forth the entire understanding of the parties with
respect to the subject matter hereof, and shall not be modified or affected by any offer, proposal, statement or representation,
oral or written, made by or for any party in connection with the negotiation of the terms hereof, and may be modified only by instruments
signed by all of the parties hereto.

 

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IN WITNESS WHEREOF,
this Note is executed by the undersigned as of the date hereof.

 

	 	By:	 	 
	 	Name:  Michael T. Brigante, CFO
	 	Date:  January 17, 2014

 

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