Common use of C E P T A N C E Clause in Contracts

C E P T A N C E. The above-mentioned Subscription Agreement is hereby accepted and agreed to by the Corporation. DATED at ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, the day of , 2003. ----- ----------------- API ELECTRONICS GROUP INC. Per: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ --------------------------------- Name: Title: EXHIBIT "A" API ELECTRONICS GROUP INC. Subscription Agreement -------------------------------------------------------------------------------- API ELECTRONICS GROUP INC. Dear Sirs: Re: API Electronics Group Inc. - Private Placement of Units of the Corporation comprised of one (1) Common Share and one-half (1/2) Warrant

C E P T A N C E. The above-mentioned Subscription Agreement is hereby accepted and agreed to by the Corporation. DATED at ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, the day of , 2003. ----- ----------------- ---- ------------------ API ELECTRONICS GROUP INC. Per: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ --------------------------------- ----------------------------------- Name: Title: EXHIBIT "A" API ELECTRONICS GROUP INC. Subscription Agreement -------------------------------------------------------------------------------- API ELECTRONICS GROUP INC. Dear Sirs: Re: API Electronics Group Inc. - Private Placement of Units of the Corporation comprised of one (1) Common Share and one-half (1/2) Warrant

C E P T A N C E. The above-mentioned Subscription Agreement is hereby accepted and agreed to by the Corporation. DATED at ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, the day of , 2003. ----- ------ ----------------- API ELECTRONICS GROUP INC. Per: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ --------------------------------- ----------------------------------------- Name: Title: EXHIBIT "A" API ELECTRONICS GROUP INC. Subscription Agreement -------------------------------------------------------------------------------- API ELECTRONICS GROUP INC. Dear Sirs: Re: API Electronics Group Inc. - Private Placement of Units of the Corporation comprised of one (1) Common Share and one-half (1/2) Warrant

C E P T A N C E. The above-mentioned Subscription Agreement is hereby accepted and agreed to by the Corporation. DATED at ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, the day of , 2003. ----- ----------------- --------- ---------------- API ELECTRONICS GROUP INC. Per: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ --------------------------------- ------------------------------------- Name: Title: EXHIBIT "A" API ELECTRONICS GROUP INC. Subscription Agreement -------------------------------------------------------------------------------- API ELECTRONICS GROUP INC. Dear Sirs: Re: API Electronics Group Inc. - Private Placement of Units of the Corporation comprised of one (1) Common Share and one-half (1/2) Warrant

C E P T A N C E. The above-mentioned Subscription Agreement is hereby accepted and agreed to by the Corporation. DATED at ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, the day of , 2003. ----- ----------------- ---- --------------------- API ELECTRONICS GROUP INC. Per: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ --------------------------------- ----------------------------------- Name: Title: EXHIBIT "A" API ELECTRONICS GROUP INC. Subscription Agreement -------------------------------------------------------------------------------- API ELECTRONICS GROUP INC. Dear Sirs: Re: API Electronics Group Inc. - Private Placement of Units of the Corporation comprised of one (1) Common Share and one-half (1/2) Warrant