AGENCY AGREEMENTAgency Agreement • August 7th, 2020 • Ontario
Contract Type FiledAugust 7th, 2020 JurisdictionCanaccord Genuity Corp. (the “Agent”) understands that TraceSafe Inc. (the “Corporation”) is prepared to issue and sell up to CAD$10,000,000 of units of the Corporation (the “Initial Units”) at a price of CAD$1.00 per Initial Unit (the “Purchase Price”) on the terms and subject to the conditions contained hereinafter. Each Initial Unit is comprised of: (a) one (1) common share in the capital of the Corporation (each a “Share”); and (b) one-half of one common share purchase warrant (each whole warrant, a “Warrant” and collectively, the “Warrants”), each Warrant being exercisable to acquire one (1) common share in the capital of the Corporation (individually, a “Warrant Share” and collectively, the “Warrant Shares”) at an exercise price of CAD$1.50 per Warrant Share for a period expiring 24 months following the Closing Date (as hereinafter defined), subject to accelerated expiry at the option of the Corporation if, at any time following the date that is four months and one day from the c