Following is a sample subscription agreement, and a list of shareholders who
have signed a similar agreement.  Terms for each shareholder are consistent for
each agreement, except as designated in the following table:

 

 

 

 

 

 

 

 

 

DigitalTown, Inc

 

 

 

 

 

 

 

Stock Subscription Agreements

 

 

 

 

 

 

 

Form 10-K/A - Exhibit 10.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 After 75:1 Split

Date

Last

First

 Shares

 Per Share

 Cost

 Shares

 Per Share

 Cost

8/31/2005

Pomije

Jane

               378,800

                0.01

              3,788.00

                    5,051

                      0.75

              3,788.00

8/31/2005

Olson

Sharon

               456,600

                0.01

              4,566.00

                    6,088

                      0.75

              4,566.00

8/31/2005

Forkins

Deborah

               326,100

                0.01

              3,261.00

                    4,348

                      0.75

              3,261.00

8/31/2005

Forkins

Micheal

               310,900

                0.01

              3,109.00

                    4,145

                      0.75

              3,109.00

8/31/2005

Voehl

Lawrence

               558,500

                0.01

              5,585.00

                    7,447

                      0.75

              5,585.00

8/31/2005

Voehl

Lawrence

           1,434,500

                0.01

           14,345.00

                 19,127

                      0.75

           14,345.00

8/31/2005

Greenfield

Nan

               312,650

                0.01

              3,126.50

                    4,169

                      0.75

              3,126.50

8/31/2005

Greenfield

James

           1,283,500

                0.01

           12,835.00

                 17,113

                      0.75

           12,835.00

8/31/2005

Moksnes

Sheila

               600,000

                0.01

              6,000.00

                    8,000

                      0.75

              6,000.00

8/31/2005

Moksnes

Sheila

               216,600

                0.01

              2,166.00

                    2,888

                      0.75

              2,166.00

12/30/2005

Greenfield

Nan

         35,000,000

                0.01

         350,000.00

               466,667

0.75

         350,000.00

12/30/2005

Soucek

Dave

         15,000,000

                0.01

         150,000.00

               200,000

0.75

         150,000.00

12/30/2005

Lange

Steven

         25,000,000

                0.01

         250,000.00

               333,333

0.75

         250,000.00

12/30/2005

Voehl

Lawrence

         35,000,000

                0.01

         350,000.00

               466,667

0.75

         350,000.00

12/30/2005

Forkins

Deborah

         15,000,000

                0.01

         150,000.00

               200,000

0.75

         150,000.00

--------------------------------------------------------------------------------

 

 

 

 

 

 

 

 

 

12/30/2005

Mamer

LeRoy

           5,000,000

                0.01

           50,000.00

                 66,667

0.75

           50,000.00

12/30/2005

Moksnes

Sheila

         15,000,000

                0.01

         150,000.00

               200,000

0.75

         150,000.00

12/30/2005

Greenfield

Jerry

         35,000,000

                0.01

         350,000.00

               466,667

0.75

         350,000.00

12/30/2005

Greenfield

Jerry

           5,000,000

                0.01

           50,000.00

                 66,667

0.75

           50,000.00

12/30/2005

Voehl

Lawrence

           4,321,300

                0.01

           43,213.00

                 57,617

0.75

           43,213.00

12/30/2005

Pomije

Jane

           1,879,594

                0.01

           18,795.94

                 25,061

0.75

           18,795.94

12/30/2005

Greenfield

Nan

           4,321,657

                0.01

           43,216.57

                 57,622

0.75

           43,216.57

12/30/2005

Pomije

Tom

         24,477,449

                0.01

         244,774.49

               326,366

0.75

         244,774.49

12/30/2005

Pomije

Jane

         38,000,000

                0.01

         380,000.00

               506,667

0.75

         380,000.00

12/30/2005

Pomije

Tom

         26,000,000

                0.01

         260,000.00

               346,667

0.75

         260,000.00

12/30/2005

Palmer

Richard

         10,000,000

                0.01

         100,000.00

               133,333

0.75

         100,000.00

12/30/2005

Fredrickson

Brian

         10,000,000

                0.01

         100,000.00

               133,333

0.75

         100,000.00

12/30/2005

Day

Robert

               500,000

                0.01

              5,000.00

                    6,667

0.75

              5,000.00

12/30/2005

Day

Chris

               500,000

                0.01

              5,000.00

                    6,667

0.75

              5,000.00

12/30/2005

Greenfield

Chris

           5,405,405

                0.01

           54,054.05

                 72,072

                      0.75

           54,054.05

12/30/2005

Baker

Steven

               300,000

                0.01

              3,000.00

                    4,000

                      0.75

              3,000.00

12/30/2005

Greenfield

Chris

           2,000,000

                0.01

           20,000.00

                 26,667

                      0.75

           20,000.00

12/30/2005

Zirbes

Rick

           2,000,000

                0.01

           20,000.00

                 26,667

                      0.75

           20,000.00

12/30/2005

Engquist

Neil

           1,500,000

                0.01

           15,000.00

                 20,000

                      0.75

           15,000.00

12/30/2005

Lightfoot

Deb

           1,500,000

                0.01

           15,000.00

                 20,000

                      0.75

           15,000.00

12/30/2005

McNally

Pierce

           1,000,000

                0.01

           10,000.00

                 13,333

                      0.75

           10,000.00

--------------------------------------------------------------------------------

 

 

 

 

 

 

 

 

 

12/30/2005

Johnson

Tom

         13,147,298

                0.01

         131,472.98

               175,297

                      0.75

         131,472.98

12/30/2005

Johnson

Linda

         13,147,297

                0.01

         131,472.97

               175,297

                      0.75

         131,472.97

12/30/2005

Olson

Sharon

         10,000,000

                0.01

         100,000.00

               133,333

                      0.75

         100,000.00

10/5/2007

Pomije

Tom

                             -

                    -   

                           -   

           1,100,000

2.50

2,750,000

10/5/2007

Greenfield

Jerry

                             -

                    -   

                           -   

               200,000

2.50

500,000

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