THIS PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT RELATES TO AN OFFERING OF SECURITIES IN AN OFFSHORE TRANSACTION TO PERSONS WHO ARE NOT U.S. PERSONS (AS DEFINED HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED...Private Placement Subscription Agreement • February 9th, 2006 • Integrated Security Technologies, Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • Nevada
The undersigned, ________________, of ___________________________, (the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase from the Company, on the basis of the representations and warranties and subject to the terms and conditions set forth herein, ____________ shares of the Company's common stock (“Shares”) at the price of US $0.001 per Share (the “Subscription Price”), for the aggregate total purchase price of the undersigned subscriber of US$___________ (the “Subscription Proceeds”). The Company may close the private placement in one or more closings. Subject to the terms hereof, the Subscription will be effective upon its acceptance by the Company. The Subscriber acknowledges that the offering of the Shares contemplated hereby is part a private placement of Shares having an aggregate subscription level of 22,981,228 shares (the “Offering”). The Offering is not subject to any minimum aggregate subscription level.
