ContractBallistic Recovery Systems Inc • December 26th, 2006 • Aircraft parts & auxiliary equipment, nec
This Warrant and the Securities issuable upon exercise of this Warrant have not been registered under the Securities Act of 1933 (the “Securities Act”) or under any state securities or “Blue Sky” laws (“Blue Sky Laws”). No transfer, sale, assignment, pledge, hypothecation or other disposition of this Warrant or the Securities issuable upon exercise of this Warrant or any interest therein may be made except (a) pursuant to an effective registration statement under the Securities Act and any applicable Blue Sky Laws or (b) if the Company has been furnished with an opinion of counsel for the holder, which opinion and counsel shall be reasonably satisfactory to the Company, to the effect that no registration is required because of the availability of an exemption from registration under the Securities Act and applicable Blue Sky laws.
BALLISTIC RECOVERY SYSTEMS, INC SUBSCRIPTION AGREEMENT Units including Common Stock and Warrants to Purchase Common Stock SUBSCRIPTION AGREEMENT AND LETTER OF INVESTMENT INTENTSubscription Agreement • December 26th, 2006 • Ballistic Recovery Systems Inc • Aircraft parts & auxiliary equipment, nec • Minnesota
This subscription, submitted as of the date set forth on the Signature Page, is between Ballistic Recovery Systems, Inc., a Minnesota corporation (the “Company”), and the undersigned subscriber (the “Subscriber”).
