PROCEEDS ESCROW AGREEMENTProceeds Escrow Agreement • October 10th, 2003 • Torch Executive Services LTD
THIS AGREEMENT, made September 15, 2003, between, SIGNATURE STOCK TRANSFER, INC., hereinafter called "Escrow Agent"; and TORCH EXECUTIVE SERVICES LTD., a Nevada corporation, with principal offices at 124 Minikada Bay, Winnipeg, Manitoba, R2C 0G7, hereinafter called the "Company"; and such other person, firms, or corporations as shall become parties hereto in the manner provided herein, hereinafter called the "Subscribers."
SUBSCRIPTION AGREEMENTSubscription Agreement • October 10th, 2003 • Torch Executive Services LTD
Concurrent with execution of this Agreement, the undersigned (the "Purchaser") is purchasing __________________________________________________ (__________) shares of Common Stock of Torch Executive Services Ltd. (the "Company") at a price of $0.05 per share (the "Subscription Price").
