Placement Fee Payment and Subscription Agreement Sample Contracts

PLACEMENT FEE PAYMENT AND SUBSCRIPTION AGREEMENT
Placement Fee Payment and Subscription Agreement • January 15th, 2004 • Smartire Systems Inc • Industrial instruments for measurement, display, and control • British Columbia

This PLACEMENT FEE PAYMENT AND SUBSCRIPTION AGREEMENT (the "Agreement") is made as of the 24th day of December, 2003, by and between SmarTire Systems Inc. ("SmarTire"), whose business address is Suite 150, 13151 Vanier Place, Richmond, B.C., Canada, V6V 2J1, and HPC Capital Management ("HPC Capital"), whose business address is 200 Mansell Court East, Suite 550, Roswell, Georgia 30076 U.S.A.