SUBSCRIPTION AGREEMENTSubscription Agreement • May 30th, 2014 • Sky Petroleum, Inc. • Oil & gas field exploration services • Texas
The undersigned (the “Subscriber”) hereby irrevocably subscribes (the “Subscription”) for and agrees to purchase from Sky Petroleum, Inc. (the “Corporation”) Class D Units of the Corporation (the “Class D Units”) at a price of US$0.05 per Class D Unit, in the aggregate investment amount set forth in “Aggregate Subscription Amount” below. Each Class D Unit consists of one share of common stock of the Corporation, par value US$0.001 (a “Common Share”) and one Class D Warrant (each, a “Class D Warrant”). Each Class D Warrant is exercisable to acquire one Common Share at an exercise price of US$0.10 per share until two (2) year anniversary of the Closing Date (collectively the Common Shares, the Class D Warrants and the Class D Warrant Shares are referred to herein as the “Securities”).
