**Exhibit 4.3**

**BALLISTIC RECOVERY SYSTEMS, INC**

**SUBSCRIPTIONAGREEMENT**

***Unitsincluding Common Stock and Warrants to Purchase Common Stock***

 

**SUBSCRIPTION AGREEMENT**

**AND**

**LETTER OFINVESTMENT INTENT**

 

**INSTRUCTIONS**

To purchase Unitsof common stock and warrants to purchase common stock pursuant to BallisticRecovery Systems, Inc.’s Confidential Offering Memorandum dated September 15,2006 please:  (i) review the SubscriptionAgreement and Letter of Investment Intent (the “Subscription Agreement”); (ii)complete Section 4 of the Subscription Agreement regarding accredited investorstatus; (iii) complete Section 12 of the Subscription Agreement regardingrelationships to brokerage firms; (iv) complete, sign and date the appropriatesignature pages (individual subscribers should sign and date in SectionVI (A); entity subscribers should sign and date in Section VI (B) andindividual subscribers who wish to hold Units in an IRA account should sign anddate in Section VI (A) and VI (C); and (v) send the Investor check payable to “BallisticRecovery Systems, Inc. Escrow Account,” together with the completedSubscription Agreement to                         .

**____________________________________________________________________________________**

**THE COMPANY WILL NOT ACCEPT ANYSUBSCRIPTION AGREEMENT THAT IS NOT FULLY AND ACCURATELY COMPLETED, DATED ANDSIGNED.**

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Investor Full Name:_______________________________

Number of UnitsSubscribed For: ___________________

**BALLISTICRECOVERY SYSTEMS, INC.**

**SUBSCRIPTIONAGREEMENT AND LETTER OF INVESTMENT INTENT**

**THIS IS AN IMPORTANT LEGALDOCUMENT.  READ EACH PART OF ITCAREFULLY.**

This subscription,submitted as of the date set forth on the Signature Page, is between BallisticRecovery Systems, Inc., a Minnesota corporation (the “Company”), and theundersigned subscriber (the “Subscriber”).

1.                                       Offerto Purchase.  The Subscriber herebyoffers to purchase that number of Units set forth on the Signature Page (the “Units”)and hereby tenders the Subscriber’s check payable to “Ballistic Recovery Systems,Inc. Escrow Account” in the aggregate dollar amount set forth on the SignaturePage at a per Unit purchase price of $5.44. There is a minimum purchase of 4,000 Units ($21,760).  By execution hereof, the Subscriberacknowledges that the Company is relying upon the accuracy and completeness ofthe representations contained herein in complying with its obligations underapplicable securities laws.

2.                                       Representationsand Warranties of the Company.  Inconsideration of the Subscriber’s purchase of the Units, the Company representsand warrants to the Subscriber as follows:

a.                                       Organization.  The Company is a validly existing corporationunder the laws of the State of Minnesota.

b.                                      GoodStanding.  The Company is in goodstanding under the laws of the State of Minnesota, and there are no proceedingsor actions pending to limit or impair any of its powers, rights and privileges,or to dissolve it.

c.                                       CorporateAuthorization.  The execution anddelivery of this Agreement and the consummation of the transaction contemplatedhereby have been duly authorized by proper corporate action of the Company.

3.                                       Representationsand Warranties of Subscriber.  TheSubscriber hereby represents and warrants to the Company and its officers,directors, shareholders, employees and agents as follows:

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a.                                       InformationAbout the Company.  The Subscriberhas received and reviewed the Company’s Confidential Offering Memorandum datedSeptember 15, 2006, and all attachments and exhibits thereto, including theCompany’s (i) Form 10-KSB for the year ended September 30, 2005, (ii) Form10-QSB for the quarter ended March 31, 2006, (iii) Form 10-QSB for the quarterended June 30, 2006 and (iv) proxy statement relating to the 2006 AnnualMeeting of Shareholders, and has obtained all information about the Company asthe Subscriber believes relevant to the decision to purchase the Units. TheSubscriber has also had the opportunity to ask questions of, and to receiveanswers from, the Company or an agent or a representative of the Companyconcerning the terms and conditions of the investment and the business andaffairs of the Company and to obtain any additional information necessary toverify such information, and the Subscriber has received such informationconcerning the Company as the Subscriber considers necessary or advisable inorder to form a decision concerning an investment in the Company.

The Subscriber understands that any business plan, marketing plan,financial modeling or similar document concerning the Company is inherentlyforward-looking.  The Subscriberrepresents that the Subscriber has viewed the information set forth thereinwith a critical frame of mind and, to the extent that information contained inany such document was deemed by the Subscriber to be important information inmaking an investment decision, the Subscriber has discussed such informationwith the officers and other personnel of the Company in order to form a betterjudgment regarding the usefulness of such information.  The Subscriber agrees that no statement inany such document, even if framed as a factual statement, will, of itself,constitute a factual representation by the Company in light of the variouspurposes for which any such document may have been created.

b.                                      Forward-LookingInformation.  The Subscriber acknowledgesand understands that any information provided about the Company’s future plansand prospects is uncertain and subject to all of the uncertainties inherent infuture predictions.

c.                                       NoReview by Federal or State Regulators. The Subscriber understands that this transaction has not beenscrutinized by the United States Securities and Exchange Commission (the “Commission”)or by any state securities or other authority and, because of the small numberof persons solicited to invest in the Units and the private nature of theOffering, that all documents, records, and books pertaining to this investmenthave been made available to the Subscriber and the Subscriber’srepresentatives, such as attorneys, accountants and/or purchaserrepresentatives.

d.                                      HighDegree of Risk.  The Subscriberrealizes that this investment involves a high degree of risk, including therisk of loss of all investment in the Company.

e.                                       Abilityto Bear the Risk.  The Subscriber isable to bear the economic risk of the investment, including the total loss ofsuch investment.

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f.                                         AppropriateInvestment.  The Subscriber believes,in light of the information provided pursuant to paragraph 3(a) above,that investing funds pursuant to the terms of this Agreement is an appropriateand suitable investment for the Subscriber.

g.                                      FinancialCondition.  The Subscriber’s currentfinancial condition is such that (and the Subscriber expects the Subscriber’sfinancial condition to be such that in the near future) the Subscriber does nothave any present or contemplated need to dispose of any portion of the Units tosatisfy any existing or contemplated undertaking, need or indebtedness.

h.                                      BusinessSophistication.  The Subscriber(i) is experienced and knowledgeable in financial and business matters tothe extent that the Subscriber is capable of evaluating the merits and risks ofthe prospective investment in the Units or (ii) if the Subscriber does notso believe, or if the Subscriber has been instructed by the Company todesignate a purchaser representative to supplement the Subscriber’s knowledgeand experience for the purpose of evaluating the merits and risks of theprospective investment in the Units, the Subscriber has provided the Companywith the identity of such purchaser representative and such informationconcerning the knowledge and experience in financial and business matters ofsuch a purchaser representative, either directly or by making such purchaserrepresentative available for interview, necessary to enable a determinationthat such purchaser representative, together with the undersigned, have suchknowledge and experience in financial and business matters that they arecapable of evaluating the merits and risks of the prospective investment in theUnits.  In addition to designating a purchaserrepresentative, if necessary, the Subscriber has obtained, to the extent theSubscriber deems necessary, personal and professional advice with respect tothe risks inherent in the investment in the Units in light of the Subscriber’sfinancial condition and investment needs. The Subscriber and the Subscriber’s purchaser representative, if any,have been given access to full and complete information regarding the Companyand have utilized such access to their satisfaction for the purpose of obtaininginformation and, particularly, the Subscriber or the Subscriber’s purchaserrepresentative, if any, have obtained, and have had the opportunity to obtain,information from the Company as set forth in paragraph 3(a) above.

i.                                          Residency.  The Subscriber is a resident of the state andcountry set forth on the Signature Page. The Units are being purchased by the undersigned in the undersigned’sname solely for the undersigned’s own beneficial interest and not as nomineefor, on behalf of, for the beneficial interest of, or with the intention totransfer to, any other person, trust, or organization.

j.                                          Subscription.  The Subscriber understands that the paymentmade to the Company may immediately become funds of and may be used by theCompany once accepted on the conditions described in the Memorandum.  The Company is free to reject anysubscription in whole or in part.  TheSubscriber understands that if 

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the Company determines to reject this subscription, any funds returnedto the Subscriber will be without deduction therefrom or interest thereon.

k.                                       NoGeneral Solicitation.  The Subscriber’spurchase of the Units is not the result of any general solicitation or generaladvertising, including, but not limited to (i) any advertisement, article,notice or other communication published in any newspaper, magazine or similarmedia or broadcast over television or radio; and (ii) any seminar ormeeting whose attendees have been invited by any general solicitation orgeneral advertising.

l.                                          LegalAge.  The Subscriber is of legal age(as established in the Subscriber’s state of residence) and is under nodisability with respect to entering into a contractual relationship.

m.                                    NotSubject to Backup Withholding.  TheSubscriber certifies, under penalty of perjury, that the Subscriber is notsubject to the backup withholding provisions of the Internal Revenue Code of1986, as amended.  (Note:  The Subscriber is subject to backupwithholding if:  (i) the Subscriberfails to furnish its Social Security Number or Taxpayer Identification Numberherein; (ii) the Internal Revenue Service notifies the Company that theSubscriber furnished an incorrect Social Security Number or TaxpayerIdentification Number; (iii) the Subscriber is notified that it is subjectto backup withholding; or (iv) the Subscriber fails to certify that it isnot subject to backup withholding or the Subscriber fails to certify theSubscriber’s Social Security Number or Taxpayer Identification Number.)

n.                                      LegalRepresentation.  The Subscriberunderstands that: (i) the Company has engaged legal counsel to provideassistance to the Company in connection with the offer and sale of securitiescontemplated herein; (ii) legal counsel engaged by the Company does notrepresent the Subscriber or the Subscriber’s interests; (iii) such legalcounsel did not prepare the Company’s disclosure documents and has conductedonly nominal due diligence in connection with the Offering and the Company; and(iv) the Subscriber is not relying on legal counsel engaged by theCompany.  The Subscriber has had theopportunity to engage, and obtain advice from, the Subscriber’s own legalcounsel with respect to the investment contemplated herein.

4.                                       AccreditedStatus.  The Subscriber representsand warrants as follows (please INITIAL all applicable items):

**INDIVIDUALS:**

___                           (i)            The Subscriber is an individual witha net worth, or a joint net worth together with his or her spouse, in excess of$1,000,000.  (In calculating net worth,the Investor may include equity in personal property and real estate, includingthe Investor principal residence, cash, short-term investments, stock andsecurities.  Equity in personal propertyand real 

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estate should be based on the fair market value ofsuch property less any debt secured by such property.)

___                           (ii)           The Subscriber is an individual thathad an individual income in excess of $200,000 in each of the prior two yearsand reasonably expects an income in excess of $200,000 in the current year.

___                           (iii)          The Subscriber is an individual thathad with his or her spouse joint income in excess of $300,000 in each of theprior two years and reasonably expects joint income in excess of $300,000 inthe current year.

___                           (iv)          The Subscriber is a director orexecutive officer of the Company.

ENTITIES (Please provide a copy of the entity’scharter documents):

___                           (i)            The Subscriber is a (initial one):

___         (A)          GeneralPartnership

___         (B)           LimitedLiability Partnership

___         (C)           LimitedPartnership

___         (D)          LimitedLiability Company

___         (E)           Corporation

___         (F)           BusinessTrust

___         (G)           Other Entity (please specify):  _________________

___                           (ii)           The Subscriber is an entity, and isan “Accredited Investor” as defined in Rule 501(a) of Regulation Dunder the Securities Act of 1933, as amended (the “Act”).  This representation is based on the following(initial one or more, as applicable):

___                           (A)          The Subscriber (or, in the case of atrust, the undersigned trustee) is a bank or savings and loan association asdefined in Sections 3(a)(2) and 3(a)(5)(A), respectively, of the Actacting either in its individual or fiduciary capacity.

___                           (B)           The Subscriber is a broker/dealerregistered pursuant to the Securities Exchange Act of 1934.

___                           (C)           The Subscriber is an insurancecompany as defined in Section 2(13) of the Act.

___                           (D)          The Subscriber is an investmentcompany registered under the Investment Company Act of 1940 or a businessdevelopment company as defined in Section 2(a)(48) of that Act.

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___                           (E)           The Subscriber is a Small BusinessInvestment Company licensed by the U.S. Small Business Administration underSection 301(c) or (d) of the Small Business Investment Act of 1958.

___                           (F)           The Subscriber is an employee benefitplan within the meaning of Title I of the Employee Retirement IncomeSecurity Act of 1974 and either (initial one or more, as applicable):

___                           (1)           The investment decision is made by aplan fiduciary, as defined in Section 3(21) of such Act, which is either abank, savings and loan association, insurance company, or registered investmentadviser.

___                           (2)           The employee benefit plan has totalassets in excess of $5,000,000.

___                           (3)           The plan is a self-directed plan withinvestment decisions made solely by persons who are “Accredited Investors” asdefined under the Act.

___                           (G)           The Subscriber is a private businessdevelopment company as defined in Section 202(a)(22) of the InvestmentAdvisers Act of 1940.

___                           (H)          The Subscriber has total assets inexcess of $5,000,000, was not formed for the specific purpose of acquiringUnits of the Company and is one or more of the following (initial one ormore, as appropriate):

___                           (1)           An organization described inSection 501(c)(3) of the Internal Revenue Code.

___                           (2)           A corporation.

___                           (3)           A Massachusetts or similar businesstrust.

___                           (4)           A partnership.

___                           (5)           A limited liability company.

___                           (I)            The Subscriber is a trust with totalassets exceeding $5,000,000, which was not formed for the specific purpose ofinvesting in the Company and whose purchase is directed by a person describedin Rule 506(b)(2)(ii) under the Act.

___                           (J)            The Subscriber is an entity, all ofwhose equity owners are accredited investors. (Please provide written 

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representation of accredited investor status from eachequity owner.)

IF YOU HAVE NOTINITIALED ANY OF THE FOREGOING TESTS SET FORTH ABOVE, YOU ARE NOT AN ACCREDITEDINVESTOR AND CANNOT PURCHASE ANY UNITS.

___                           (iii)Entities.  A REPRESENTATIVE OF ANENTITY SUBSCRIBER MUST INITIAL HERE . If the Subscriber is an entity, theindividual(s) signing on behalf of the Subscriber and the Subscriber, jointlyand severally, agree and certify that this Agreement has been duly authorizedby all necessary action on the part of the Subscriber, has been duly executedby an authorized representative of the Subscriber, and is a legal, valid, andbinding obligation of the Subscriber enforceable in accordance with its terms.

5.                                       InvestmentPurpose in Acquiring the Units.  TheSubscriber and the Company acknowledge that the Units have not been registeredunder the Act or applicable state securities laws and that the Units will beissued to the Subscriber in reliance on exemptions from the registrationrequirements of the Act and applicable state securities laws and in reliance onthe Subscriber’s and the Company’s representations and agreements containedherein.  The Subscriber is subscribing toacquire the Units for the account of the Subscriber for investment purposesonly and not with a view to their resale or distribution.  The Subscriber has no present intention todivide his, her or its participation with others or to resell or otherwisedispose of all or any part of the Units. In making these representations, the Subscriber understands that, in theview of the Commission, exemption of the Units from the registrationrequirements of the Act would not be available if, notwithstanding therepresentations of the Subscriber, the Subscriber has in mind merely acquiringthe Units for resale upon the occurrence or non-occurrence of somepredetermined event.

6.                                       Compliancewith Securities Act.  The Subscriberagrees that if the Units or any part thereof are sold or distributed in thefuture, the Subscriber shall sell or distribute them pursuant to therequirements of the Act and applicable state securities laws.  The Subscriber agrees that the Subscriberwill not transfer any part of the Units without: (i) obtaining a “noaction” letter from the Commission and applicable state securities commissions;(ii) obtaining an opinion of counsel satisfactory in form and substance tothe Company to the effect that such transfer is exempt from the registrationrequirements under the Act and applicable state securities laws; or(iii) registration.

7.                                       RestrictiveLegend.  The Subscriber agrees thatthe Company may place one or more restrictive legends on any certificatesevidencing the Units, containing substantially the following language:

The securities represented by this certificate havenot been registered under the Securities Act of 1933, as amended, have not 

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been registered under any state securities law, andare subject to a subscription and investment representation agreement.  They may not be sold, offered for sale, ortransferred in the absence of either an effective registration under theSecurities Act of 1933, as amended, and under the applicable state securitieslaws, or an opinion of counsel for the Company that such transaction is exemptfrom registration under the Securities Act of 1933, as amended, and under theapplicable state securities laws.

9.                                       StopTransfer Order.  The Subscriberagrees that the Company may place a stop transfer order with its registrar andtransfer agent (if any) covering all certificates representing the Units.

10.                                 Relationshipto Brokerage Firms.  (Please answerthe following questions by initialing the appropriate response):

___ YES___ NO: Is the Investor a director, officer, partner, branchmanager, registered representative, employee, shareholder of, or similarlyrelated to or employed by, a brokerage firm?

___ YES ___ NO: Is the Investor’s spouse, father, mother,father-in-law, mother-in-law, or any of the Investor’s brothers, sisters,brothers-in-laws, sisters-in-law or children, or any relative which theInvestor supports, a director, officer, partner, branch manager, registeredrepresentative, employee, shareholder of, or similarly related to or engage by,a brokerage firm?

___ YES ___ NO: Does the Investor own voting securities of anybrokerage firm?

___ YES ___ NO: If the Subscriber is an entity, is any director,officer, partner or 5% owner of the Subscriber also a director, officer,partner, branch manager, registered representative, employee, shareholder of,or similarly related to or employed by a brokerage firm?

(If the Investor answered YES to any of the foregoing questions, pleasecontact the Company to provide additional information before the subscriptioncan be considered.)

11.                                 BindingEffect.  Neither this Agreement norany interest herein shall be assignable by the Subscriber without the priorwritten consent of the Company.  Theprovisions of this Agreement shall be binding upon and inure to the benefit ofthe parties hereto, and their respective heirs, legal representatives,successors and assigns.

12.                                 Representationsto Survive Delivery.  Therepresentations, warranties and agreements of the Company and of the Subscribercontained in this Agreement will remain operative and in full force and effectand will survive the receipt of funds by the Company, and the issuance to theSubscriber of the Units.

13.                                 Indemnification.  Subscriber agrees to indemnify the Company,and each current and future officer, director, employee, agent and shareholderof the Company, against and to 

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hold them harmless from any damage, loss, liability,claim or expense including, without limitation, reasonable attorneys’ feesresulting from or arising out of the inaccuracy or alleged inaccuracy of any ofthe representations, warranties or statements of the Subscriber contained inthis Agreement, including without limitation any violation or alleged violationof the registration requirements of the Act or applicable state law inconnection with any subsequent sale of the Units by Subscriber.

14.                                 Revocation.  Subscriber hereby acknowledges and agreesthat Subscriber is not entitled to cancel, terminate or revoke this Agreementand that it shall survive the bankruptcy of Subscriber.

15.                                 Arbitration.  The Subscriber further agrees that anydispute regarding this Agreement or the Subscriber’s investment in the Company(including without limitation claims pursuant to federal or state securitieslaws), including any claim which is made against any Offering agent or broker-dealerinvolved in the offer or sale of the Units, shall be resolved by arbitrationwhich shall be the sole forum for resolution of any such disputes.  Unless otherwise agreed by the parties, anysuch proceedings shall be brought in the state of Minnesota, County ofHennepin, pursuant to the Rules and Code of Arbitration of the AmericaArbitration Association, except that if a bona fide claim is made against theCompany, and an Offering agent or broker-dealer is named in connection withsuch claim, then such claim shall be brought pursuant to the Rules and Code ofArbitration of the National Association of Securities Dealers, Inc.

16.                                 GoverningLaw; Venue.  This Agreement shall begoverned by, and construed in accordance with, the substantive laws of theState of Minnesota without reference to Minnesota conflict or choice of lawprovisions.  Actions or proceedingslitigated in connection with this Agreement, if any, shall be venued exclusivelyin the state and federal courts located in the County of Hennepin, State ofMinnesota.

17.                                 AdditionalInformation.  Subscriber shall supplysuch additional information and documentation relating to Subscriber and anypersons who have any rights or interest in Subscriber as may be requested bythe Company in order to ensure compliance by the Company with applicablelaws.  If at any time prior to theCompany’s acceptance of this Agreement, an adverse change occurs with respectto the Subscriber such that the information, representations and warranties ofthe Subscriber set forth in this Agreement are no longer accurate, theSubscriber shall immediately notify the Company of the inaccuracy in writingand shall deliver the updated, accurate information to the Company.

18.                                 Successorsand Assigns.  The representations andwarranties made by the Subscriber in this Agreement are binding on theSubscriber’s successors and assigns and are made for the benefit of the Companyand any other person who may become liable for violations of applicable securitieslaws as a result of the inaccuracy or falsity of any of the Subscriber’srepresentations or warranties.

19.                                 Counterparts.  This Agreement may be executed by the Companyand by the Subscriber in separate counterparts, each of which shall be deemed anoriginal.

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20.                                 Acceptance. ThisAgreement is not binding on the Company until accepted in writing by anauthorized officer of the Company.

23.                                 THESESECURITIES HAVE NOT BEEN REGISTERED UNDER THE FLORIDA SECURITIES ACT INRELIANCE UPON AN EXEMPTION THEREFROM. ANY SALE MADE PURSUANT TO SUCH EXEMPTIONIS VOIDABLE BY A FLORIDA PURCHASER WITHIN THREE (3) DAYS AFTER THE FIRST TENDEROF CONSIDERATION IS MADE BY SUCH PURCHASER TO THE ISSUER, AN AGENT OF THEISSUER OR AN ESCROW AGENT IN PAYMENT FOR SUCH SECURITIES. HOWEVER, THIS RIGHTIS NOT AVAILABLE TO ANY PURCHASER WHO IS A BANK, TRUST COMPANY, SAVINGSINSTITUTION, INSURANCE COMPANY,SECURITIES DEALER, INVESTMENT COMPANY AS  DEFINED IN THE INVESTMENT COMPANY ACT OF 1940, PENSION OR PROFIT-SHARING TRUST ORQUALIFIED INSTITUTIONAL BUYER AS DEFINED IN RULE 144A UNDER THE SECURITIES ACTOF 1933.

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|         | SIGNATURE PAGE                                                                                            |
|---------|-----------------------------------------------------------------------------------------------------------|
| **I.**  | **The total dollar value of Units of Ballistic  Recovery Systems, Inc. that I wish to subscribe for is:** |
|    |                                                                                                      |   |   |   |   |
|    |                                                                                                      |   |   |   |   |
|    | _________________                                                                                         | X | $5.44 | = | $_______________ |
|    | (Number of Units, 4,000                                                                                   |   | (Price per Unit) |   | (Total Value of Units) |
|    | Minimum purchase.)                                                                                        |   |   |   |   |
|    |                                                                                                      |   |   |   |   |
|    |                                                                                                      |   |   |   |   |
| **II.** | **Manner in which title is to be held (check the  correct box):**                                         |

 
|        | o | Individual                                                                                                            | o | Tenants in Common |
|--------|---|-----------------------------------------------------------------------------------------------------------------------|---|-------------------|
|   | o | Joint Tenants with  right of   Survivorship                                                                           | o | Corporation       |
|   | o | Partnership                                                                                                           | o | Trust             |
|   | o | Other (Please  describe_____________________________)                                                                 |
|   | o | IRA (If held in an IRA,  fill in IRA Custodian information below.   IRA Custodian must also sign in item VI.(C). |

 

____________________________________

Custodian Name

____________________________________

Custodian StreetAddress or PO Box

____________________________________

Custodian CityState and Zip Code

____________________________________

Custodian TelephoneNumber

 

 
| **III.**   | **Name in which title is to be  held (Please Print—the Securities will be issued in this name):** |
|------------|--------------------------------------------------------------------------------------------------------|
| ** ** |                                                                                                   |
| ** ** | ___________________________________________________________________                                    |
| ** ** | First Name                                                                                             | Middle Initial | Last Name |

 

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| **IV.**    | **Addresses**                                                                                                                                |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------|
| ** ** |                                                                                                                                         |
| ** ** | **(A)          Address  of Subscriber’s Domicile and Bona Fide Residence:**                |
| ** ** |                                                                                                                                         |
| ** ** | ___________________________________________________________________                                                                          |
| ** ** | Street Address or PO Box                                                                                                                     |
| ** ** |                                                                                                                                         |
| ** ** |                                                                                                                                         |
| ** ** | ___________________________________________________________________                                                                          |
| ** ** | City, State and Zip Code                                                                                                                     |
| ** ** |                                                                                                                                         |
| ** ** |                                                                                                                                         |
| ** ** | ________________________________                                                                                                             |
| ** ** | Telephone Number                                                                                                                             |
| ** ** |                                                                                                                                         |
| ** ** |                                                                                                                                         |
| ** ** | ________________________________                                                                                                             |
| ** ** | E-Mail Address                                                                                                                               |
| ** ** |                                                                                                                                         |
| ** ** |                                                                                                                                         |
| ** ** | **(B)          Address  to Which Correspondence Should be Directed (if different from above):** |
| ** ** |                                                                                                                                         |
| ** ** | ___________________________________________________________________                                                                          |
| ** ** | Street Address or PO Box                                                                                                                     |
| ** ** |                                                                                                                                         |
| ** ** | ___________________________________________________________________                                                                          |
| ** ** | City, State and Zip Code                                                                                                                     |
| ** ** |                                                                                                                                         |
| ** ** | ________________________________                                                                                                             |
| ** ** | Telephone Number                                                                                                                             |
| ** ** |                                                                                                                                         |
| ** ** |                                                                                                                                         |
| **V.**     | **Social Security or Tax ID Number**                                                                                                         |
| ** ** |                                                                                                                                         |
| ** ** | ________________________________                                                                                                             | ___________________________________ |
| ** ** | Tax ID or Social Security Number                                                                                                             | Tax ID or Social Security Number |
| ** ** | (Primary subscriber)                                                                                                                         | (Second subscriber, partner, or trustee) |
| ** ** |                                                                                                                                         |   |
| ** ** |                                                                                                                                         |   |
| ** ** |                                                                                                                                         |   |

 

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| **VI.**                                                                        | **Signatures:**                                                                                                                                       |
|--------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
| ** **                                                                     |                                                                                                                                                  |
| ** **                                                                     | **(A)          Individual  Signatures for Individuals, IRA’s, Joint Tenants and Tenants in Common** |
| ** **                                                                     |                                                                                                                                                  |
| ** **                                                                     | ________________________________                                                                                                                      | ___________________________________ |
| ** **                                                                     | Signature                                                                                                                                             | Second Signature (if purchasing as joint |
| ** **                                                                     |                                                                                                                                                  | tenants or tenants in common, both |
| ** **                                                                     | ________________________________                                                                                                                      | parties must sign) |
| ** **                                                                     | Date                                                                                                                                                  |   |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | **(B)          Corporate,  Partnership, Trust and other Entities**                                       |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | ________________________________                                                                                                                      | ____________________________________ |
| ** **                                                                     | Print Name of Entity                                                                                                                                  | Entity Type (Partnership, corporation, trust, etc.) |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | ________________________________                                                                                                                      | ____________________________________ |
| ** **                                                                     | By (signature of person signing)                                                                                                                      | Its (title of person signing) |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | ________________________________                                                                                                                      |   |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | Date                                                                                                                                                  |   |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | **(C)          IRA  Custodian (to be signed only if securities are to be held in an IRA)**               |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | ________________________________                                                                                                                      |   |
| ** **                                                                     | By (signature of authorized person)                                                                                                                   |   |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | ____________________________________                                                                                                                  |   |
| ** **                                                                     | Name (print name of person signing)                                                                                                                   |   |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | ____________________________________                                                                                                                  |   |
| ** **                                                                     | Its (title of person signing)                                                                                                                         |   |
| ** **                                                                     |                                                                                                                                                  |   |
| ** **                                                                     | ________________________________                                                                                                                      |   |
| ** **                                                                     | Date                                                                                                                                                  |   |
|                                                                           |
| This  Subscription Agreement and Letter of Investment Intent is accepted as of | ______________________.                                                                                                                               |   |
| ** **                                                                     | (day, month,  year)                                                                                                                                   |   |
|                                                                                |                                                                                                                                                       |  |  |  |

 
|        | **Ballistic Recovery Systems, Inc.** |
|--------|--------------------------------------|
|   |                                 |
|   | By                                   |   |
|   |                                 |   |
|   | Its                                  |   |

 

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**CERTIFICATE OF SIGNATORY**(notto be completed by individuals)

I, ____________________________________________________,am the ____________________________ of

(printed name of personsigning; first, mi, last name)                                                    (title)

______________________________________________________________ (the“Entity”).

(name of entity)

I certify that I amempowered and duly authorized by the Entity to execute and carry out the termsof the Subscription Agreement and Letter of Investment Intent and to purchaseand hold the Units, and certify further that the Subscription Agreement andLetter of Investment Intent has been duly and validly executed on behalf of theEntity and constitutes a legal and binding obligation of the Entity.

IN WITNESS WHEREOF, I have hereto set my hand this______ day of the month of __________________ in the year _______.

_____________________________________________

(Signature)

15

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