0001193125-03-009926 Sample Contracts

THIS DEBENTURE AND THE SHARES INTO WHICH THIS DEBENTURE MAY BE CONVERTED ARE SUBJECT TO RESTRICTIONS ON TRANSFER AS SET FORTH HEREIN CONVERTIBLE DEBENTURE
Convertible Debenture • June 13th, 2003 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals • Texas
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SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • June 13th, 2003 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals • Texas

This Agreement, dated effective December 31, 2002, is between North American Technologies Group, Inc., a Delaware corporation (the “Company”), and Avalanche Resources, Ltd., a Texas limited partnership (“Purchaser”).

SECURITY AGREEMENT
Security Agreement • June 13th, 2003 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals • Texas

This Agreement, dated effective as of December 31, 2002, is made by North American Technologies Group, Inc. for the benefit of Avalanche Resources, Ltd.

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • June 13th, 2003 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals • Texas

This Registration Rights Agreement, dated effective December 31, 2002 between North American Technologies Group, Inc., a Delaware corporation (the “Company”), and Avalanche Resources, Ltd. (“Holder”).

THIS WARRANT AND THE SHARES PURCHASABLE HEREUNDER ARE SUBJECT TO RESTRICTIONS ON TRANSFER AS SET FORTH HEREIN WARRANT
Warrant Agreement • June 13th, 2003 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals • Texas
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