SUBSCRIPTION AGREEMENTSeries H Stock • October 31st, 2005 • Spescom Software Inc • Services-computer integrated systems design • California
Contract Type FiledOctober 31st, 2005 Company Industry JurisdictionSpescom Software Inc. a California corporation (the “Company”), hereby confirms its agreement with Monarch Pointe Fund, Ltd. (“Monarch” or the “Purchaser”) and M.A.G. Capital, LLC (“MAG”), as set forth below.