0000950136-07-003610 Sample Contracts

Number of Shares] TOWERSTREAM CORPORATION Common Stock PLACEMENT AGENT AGREEMENT
Placement Agent Agreement • May 17th, 2007 • Towerstream Corp • Communications services, nec • New York
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SUBSCRIPTION AGREEMENT
Subscription Agreement • May 17th, 2007 • Towerstream Corp • Communications services, nec • New York

[____] A. Delivery by crediting the account of the Investor’s prime broker (as specified by such Investor on Exhibit A annexed hereto) with the Depository Trust Company (“DTC”) through its Deposit/Withdrawal At Custodian (“DWAC”) system, whereby Investor’s prime broker shall initiate a DWAC transaction on the Closing Date using its DTC participant identification number, and released by Pacific Stock Transfer Company, the Company’s transfer agent (the “Transfer Agent”), at the Company’s direction. NO LATER THAN

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