0001193125-04-105394 Sample Contracts

DWANGO NORTH AMERICA CORP. Common Stock Purchase Warrant
Warrant Agreement • June 21st, 2004 • Dwango North America Corp • Radiotelephone communications • New York
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SUBSCRIPTION AGREEMENT dated as of June 14, 2004 by and between DWANGO NORTH AMERICA CORP. and ALEXANDRA GLOBAL MASTER FUND LTD.
Subscription Agreement • June 21st, 2004 • Dwango North America Corp • Radiotelephone communications • New York

THIS SUBSCRIPTION AGREEMENT, dated as of June 14, 2004 (this “Agreement”), by and between DWANGO NORTH AMERICA CORP., a Nevada corporation (the “Company”), with headquarters located at 200 West Mercer Street, Suite 501, Seattle, Washington 98119, and ALEXANDRA GLOBAL MASTER FUND LTD., a British Virgin Islands company (the “Buyer”).

DWANGO NORTH AMERICA CORP. CERTIFICATE OF DESIGNATIONS OF SERIES A CONVERTIBLE PREFERRED STOCK (Pursuant to Section 78.1955 of the General Corporation Law of the State of Nevada)
Subscription Agreement • June 21st, 2004 • Dwango North America Corp • Radiotelephone communications

Dwango North America Corp., a Nevada corporation (the “Corporation”), in accordance with the provisions of Section 78.1955 of the General Corporation Law of the State of Nevada (the “NGCL”), DOES HEREBY CERTIFY:

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