EXHIBIT 99.1
SUBSCRIPTION AGREEMENT
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TO: WAVERIDER COMMUNICATIONS INC.
RE: Sale of Promissory Notes and Warrants of WaveRider Communications Inc.
Details of Subscription
The undersigned (the "Purchaser") hereby irrevocably subscribes for and agrees
to purchase from WaveRider Communications Inc. (the "Company"), subject to the
terms and conditions set forth in this subscription agreement (the "Agreement"),
that number of units (the "Units") of the Company set forth below at a price of
US$1,000 per Unit. Each Unit consists of (a) US$1,000 principal amount of 8%
Series A promissory notes of the Company (the "Notes"), and (b) 2,150 warrants
of the Company (the "Warrants"), on the terms set forth herein.
Each whole Warrant entitles the holder thereof to purchase one Common Share at a
price of $0.50, such Warrants to expire on October 18, 2006.
The particulars of this offering and other terms and conditions applicable
thereto are set out in Schedule "A" to this Agreement. Certain representations
and warranties to be made by the Purchaser so that the Company can ensure
compliance with applicable securities laws, are set out in Schedule "B" to this
Agreement, with a form to be completed by individual Purchasers resident in
British Columbia set out in Schedule "C". The terms of the appointment of an
agent to act on behalf of the Purchasers with respect to the security interest
granted to them shall be set out in Schedule "D" to this Agreement. The Notes
shall be in the form attached as Schedule "E" to this Agreement and the Warrants
shall be in the form attached as Schedule "F" to this Agreement. Each such
schedule (and all attachments and appendices thereto) forms a part of this
Agreement and the Purchaser should review each carefully.
Number of Units: ______________
IN WITNESS WHEREOF the Purchaser has executed, or caused its duly authorized
representative to execute this Agreement on this ____________ day of October,
2001.
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Signature of Purchaser (if an individual) Name of Purchaser (
if not an individual)
Per:
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Name of Purchaser (if an individual) (signature of authorized
representative)
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Address of Purchaser Name and Title of Authorized
Representative
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United States Social Security Number, if any
A C C E P T A N C E
The foregoing is acknowledged, accepted and agreed to by the undersigned as of
this ____ day of October, 2001.
WAVERIDER COMMUNICATIONS INC.
Per:
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