THE ALKALINE WATER COMPANY INC. (the "Issuer") PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (UNITS) INSTRUCTIONS TO SUBSCRIBERPrivate Placement Subscription Agreement • March 2nd, 2021 • ALKALINE WATER Co INC • Wholesale-groceries & related products • Nevada
The undersigned (the "Subscriber") hereby irrevocably subscribes for and agrees to purchase from The Alkaline Water Company Inc. (the "Issuer") that number of units of the Issuer (each, a "Unit") set out below at a price of $1.05 per Unit. Each Unit is comprised of one common share in the capital of the Issuer (each, a "Share"), one-half of one Class A common share purchase warrant (each whole Class A common share purchase warrant, a "Class A Warrant") and one-half of one Class B common share purchase warrant (each whole Class B common share purchase warrant, a "Class B Warrant"). Each Class A Warrant will entitle the holder thereof to acquire one Share (each, a "Warrant Share") at $1.25 per Warrant Share for a period commencing on the Closing Date (as defined below) and ending three (3) years following the Closing Date. Each Class B Warrant will entitle the holder thereof to acquire one Warrant Share at $1.25 per Warrant Share for a period commencing six (6) months and one day after t
