PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (UNITS – CANADIAN TSX VENTURE EXCHANGE LISTED ISSUER)ALKALINE WATER Co INC • October 3rd, 2018 • Wholesale-groceries & related products • British Columbia
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 $2.50 per Unit. Each Unit is comprised of one common share in the capital of the Issuer (each, a “Share”) and one non-transferable common share purchase warrant (each warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share (each, a “Warrant Share”) at a price of $2.90 per Warrant Share until 5:00 p.m. (Vancouver time) on the date of expiration of the Warrant, which is two (2) 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”.
