COUNTERPATH CORPORATION (the “Issuer”) PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT INSTRUCTIONS TO SUBSCRIBERPrivate Placement Subscription Agreement • September 8th, 2015 • Counterpath Corp • Services-prepackaged software • British Columbia
The undersigned (the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase from CounterPath Corporation (the “Issuer”) that number of units of the Issuer (each, a “Unit”) set out below at a price of US$0.50 per Unit. Each Unit will be comprised of one common share in the capital of the Issuer (each, a “Share”) and one half of one non-transferable common share purchase warrant (each whole warrant being, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share (each, a “Warrant Share”) at a price of US$0.75 per Warrant Share until 5:00 p.m. (Vancouver time) on the date of expiration of the Warrant, which will be two years following the Closing Date (as defined herein). The Subscriber agrees to be bound by the terms and conditions set forth in the attached “Terms and Conditions of Subscription for Units”.
