SUBSCRIPTION AGREEMENTSubscription Agreement • October 2nd, 2003 • Janus Hotels & Resorts Inc • Services-amusement & recreation services
The undersigned hereby subscribes for and agrees to purchase the number of shares of common stock of Janus Acquisition, Inc. set forth below opposite his name:
AGREEMENT AS TOCancellation of Stock Option Agreement • October 2nd, 2003 • Janus Hotels & Resorts Inc • Services-amusement & recreation services
The undersigned is the holder of an option (the "Option") issued pursuant to the Janus Hotels and Resorts, Inc. ("Janus") Directors Stock Option Plan to acquire 15,000 shares of the common stock of Janus at an exercise price of $1.50 per share. The undersigned is also the holder of Stock Appreciation Rights ("SARs") with respect to Janus common stock at an exercise price of $2.48 per share.
