Exhibit 10(t)
PERSONAL COMPUTER PRODUCTS, INC.
SUBSCRIPTION AGREEMENT
To: Personal Computer Products, Inc.
I hereby acknowledge receipt of a full and complete Copy of, and I hereby
accept, Personal Computer Products, Inc., Offer as of January 6, 1995, subject
to all the terms and conditions of that Offer, and hereby submit $407,978
principal amount and accrued interest of the Company's Note due Nippo, Ltd. for
surrender. I hereby certify that I have the full power and authorization to act
for and on behalf of Nippo, Ltd. Please issue the Common Stock in the names
indicated below.
NAME ON CERTIFICATES SEND CERTIFICATES TO:
Nippo, Ltd. 0-00-00, Xxxxx,
Xxxx-xx, Xxxxxx 000,
Xxxxx
Please print or type name and address
I acknowledge that I have had the opportunity to review the financial condition
of and current information on the Company including the Company's annual report
for its fiscal year ended June 30, 1994 and its Form 10-QSB for the quarter
ended September 30, l994, and have been invited to discuss the information with
the Company's officers and directors. I acknowledge that the information I have
received is all the information I deem necessary to enable me to make a decision
whether to accept the Offer, and I, agree to hold the Company harmless from and
against any action arising under any Securities law out of my acceptance of the
Offer.
Dated: January 24, 1995 Nippo, Ltd.
----------------
By: Xxxx Xxxxx
----------
(Print name)
President
------------------------------
(Title)
57
