0001047469-03-002559 Sample Contracts

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Subscription Agent Agreement • January 24th, 2003 • Medis Technologies LTD • Electromedical & electrotherapeutic apparatus • New York

SUBSCRIPTION AGENT AGREEMENT dated , 2003 between MEDIS TECHNOLOGIES LTD., a Delaware corporation, with offices at 805 Third Avenue, New York, New York 10022 (the "Company") and AMERICAN STOCK TRANSFER & TRUST COMPANY, a New York limited purpose trust company, with offices at 59 Maiden Lane, New York, New York 10038, as subscription agent (the "Agent")

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