FORM OF DREAMS, INC. SUBSCRIPTION AGREEMENT PLEASE CAREFULLY REVIEW THE INSTRUCTIONSSubscription Agreement • January 28th, 2005 • Dreams Inc • Retail-eating places • Florida
This Subscription Agreement represents a subscription to acquire the number of shares of common stock of Dreams, Inc. (the “Company”) set forth below at a subscription price of $0.03 per share ($0.06 per two shares) for the total subscription price set forth below. The registered owner named below is entitled to subscribe for two shares of common stock for each share of the Company’s common stock owned on [ ], 2005 (the “Record Date”), as set forth below, pursuant to subscription rights granted to shareholders upon the terms and conditions set forth in the related prospectus. For each share of common stock subscribed for, the subscription price of $0.03 per share ($0.06 per two shares) must be forwarded to Fidelity Transfer Company, as subscription agent for the Company.
December 30, 2004 FORBEARANCE AGREEMENTForbearance Agreement • January 28th, 2005 • Dreams Inc • Retail-eating places • Illinois
This FORBEARANCE AGREEMENT (“Forbearance Agreement”) is entered into as of December 30, 2004, and will serve to confirm certain agreements of Merrill Lynch Business Financial Services Inc. (“MLBFS”), DREAMS PRODUCTS, INC. (d/b/a Mounted Memories) a Utah corporation (“Customer”), DREAMS INC. a Utah corporation (“Dreams”), and DREAMS FRANCHISE CORPORATION a California Corporation (“Dreams Franchise”) with respect to the following:
FORM OF SUBSCRIPTION AGREEMENT DREAMS, INC. SUBSCRIPTION AGREEMENT FOR SHARES OFFERED TO MEMBERS OF THE PUBLIC EXPIRATION DATE: [ ], 2005Form of Subscription Agreement • January 28th, 2005 • Dreams Inc • Retail-eating places
You may subscribe for shares of Dreams, Inc. (the “Company”) common stock through the offering that begins on [ ], 2005 and ends on [ ], 2005 (the “Expiration Date”). This offering will only be available if any shares remain unsold after our Rights Offering that we commenced on [ ], 2005 and ends on [ ], 2005. To participate in the offering, you must complete this Subscription Agreement and include full payment for the shares you want to purchase. Orders received in the offering are subject to our acceptance and fulfillment on a “first come, first served” basis, subject to the number of shares remaining after the Rights Offering. Also, orders in the offering are subject to rejection in whole or in part solely at our discretion.
