Common Contracts

SUBSCRIPTION AGREEMENT

Subscription Agreement • January 25th, 2020 • Nevada

• Contract Type
  Subscription Agreement
• Filed
  January 25th, 2020
• Jurisdiction
  Nevada

The undersigned ( “Subscriber”) has spent a reasonable period of time reading, reviewing and considering the Avatar Airlines, Inc. (“Company”) Private Placement Memorandum dated JANUARY 16, 2020 (the “Memorandum”) and hereby irrevocably (but subject to a 3-day right of rescission) subscribes and agrees to purchase Series A preferred stock of Company, par value $.001 per share (each a “Series A Preferred Share” and collectively, the “Series A Preferred Shares”) at a purchase price of $15.00 per share. I understand that in connection with such purchase, the Company will grant to the Subscriber, and the Subscriber hereby subscribes for, the Series A Preferred Shares, on the terms and conditions described herein and in the Company’s Memorandum and any amendments or supplements thereto.