SUBSCRIPTION
AGREEMENT


PELICAN
DELIVERS, Inc.

 	 






 


Pelican
Delivers, Inc., a Nevada corporation (hereinafter the "Company") and the undersigned (hereinafter the “Subscriber”)
agree as follows:


 


WHEREAS:


 


A.
The Company desires to issue a maximum of 3,000,000 shares of common stock of the Company, par value $0.001 per share, at a price
of $2.00 per share; and


 


B.
Subscriber desires to acquire that number of shares as is set forth on the signature page hereof (hereinafter the "Shares")
at the purchase price set forth herein.


 


NOW,
THEREFORE, for and in consideration of the premises and the mutual covenants hereinafter set-forth, the parties hereto do
hereby agree as follows:


 


SUBSCRIPTION


 


1.1       Subject
to the terms and conditions hereinafter set forth, the Subscriber hereby subscribes for and agrees to purchase the Shares from
the Company at a price equal to $2.00 per share, and the Company agrees to sell the Shares to Subscriber in consideration of said
purchase price. Upon execution, this subscription shall be irrevocable by Subscriber.


 


1.2       The
purchase price for the Shares subscribed to hereunder is payable by the Subscriber contemporaneously with the execution and delivery
of this Subscription Agreement to: Pelican Delivers, Inc. c/o David Comeau, PO Box 689, Silverdale, WA 98383. Payment is made
by delivering the purchase price in the amount of $2.00 per Share to the Company by certified check, bank draft to the address
below or by wire transfer using the following wire transfer instructions:


 


Pelican
Delivers, Inc.


PO
Box 689


Silverdale,
WA 98383


 


Swift
Code: CHASUS33


Bank
Name: Chase Bank 270 Park Avenue New York, NY 10017 USA


Acct
Number: 563976635


Wire
Routing Number: 021000021


 


REPRESENTATIONS
AND WARRANTIES BY SUBSCRIBER


 


2.1       Subscriber
hereby acknowledges, represents and warrants to the Company the following:


 


		(A)	Subscriber
                                         acknowledges that the purchase of the Shares involves a high degree of risk in that the
                                         Company has only recently commenced its current business operations and may require substantial
                                         additional funds; 



 


		(B)	Subscriber
                                         recognizes that an investment in the Company is highly speculative and only investors
                                         who can afford the loss of their entire investment should consider investing in the Company
                                         and the Shares;



 



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		(C)	Subscriber
                                         has such knowledge and experience in finance, securities, investments, including investment
                                         in unregistered securities, and other business matters so as to be able to protect its
                                         interests in connection with this transaction;



 


		(D)	Subscriber
                                         acknowledges that only a limited market for the Shares presently exists and the market
                                         may not develop in the future and accordingly Subscriber may not be able to liquidate
                                         its investment;



 


		(E)	Subscriber
                                         acknowledges that the shares may be subject to significant restrictions on transfer as
                                         imposed by state and federal laws;



 


		(F)	Subscriber
                                         is acquiring the Shares as principal for Subscriber's own benefit;



 


		(G)	Subscriber
                                         acknowledges receipt and review of the Company’s Prospectus (the “Prospectus”)
                                         for the sale of these shares as registered with the Securities and Exchange Commission,
                                         dated ________ 2020, and of both the Articles of Incorporation and bylaws of the Company,
                                         together with the opportunity and the Company’s encouragement to seek the advice
                                         and consultation of independent investment, legal and tax counsel;



 


		(H)	Subscriber
                                         acknowledges and agrees that the Company has previously made available to Subscriber
                                         the opportunity to ask questions of and to receive answers from representatives of the
                                         Company concerning the Company and the Shares, as well as to conduct whatever due diligence
                                         the Subscriber, in its discretion, deems advisable. Subscriber is not relying on any
                                         information communicated by any representatives of the Company and is relying solely
                                         upon the information contained in the Prospectus, and information obtained during Subscriber’s
                                         due diligence investigation in making a decision to invest in the Shares and the Company.



 


REPRESENTATIONS
BY THE COMPANY


 


3.1
       The Company represents and warrants to the Subscriber that:


 


		(A)	The
                                         Company is a corporation duly organized, existing and in good standing under the laws
                                         of the State of Nevada and has the corporate power to conduct the business which it conducts
                                         and proposes to conduct.



 


		(B)	Upon
                                         issue, the Shares will be duly and validly issued, fully paid and non-assessable common
                                         stock in the capital of the Company.



 


TERMS
OF SUBSCRIPTION


 


4.1Upon
acceptance of this subscription by the Company, all funds paid hereunder shall be deposited in a company bank account and released
to us for our general business use. In the event that a pro-offered subscription agreement is not accepted, the Company will promptly
return the proceeds to the rejected subscriber without interest.


 


4.2
Subscriber hereby authorizes and directs the Company to deliver the securities to be issued to such Subscriber pursuant to
this Subscription Agreement to Subscriber’s address indicated herein or into Subscriber’s brokerage account as provided
by Subscriber.


 


4.3Notwithstanding
the place where this Subscription Agreement may be executed by any of the parties hereto, the parties expressly agree that all
the terms and provisions hereof shall be construed in accordance with and governed by the laws of the State of Nevada. Exclusive
venue for any dispute arising out of this Subscription Agreement or the Shares shall be the state or federal courts sited in Clark
County, Nevada.






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4.4
The parties agree to execute and deliver all such further documents, agreements and instruments and take such other and further
action as may be necessary or appropriate to carry out the purposes and intent of this Subscription Agreement.


 


 


IN
WITNESS WHEREOF, this Subscription Agreement is executed as of the ___ day of ____________ 2020.


 


	 

        Number
        of Shares Subscribed For:
	 

         

	 

        Total
        Purchase Price:
	 
	 

        Signature
        of Subscriber:
	 

         

	 

         

        Name
        of Subscriber:
	 

         

	 

         

        Address
        of Subscriber:
	 

         

	 

         

        Subscriber’s
        SS# or tax ID#:
	 

         



 


 


ACCEPTED
BY: PELICAN DELIVERS, Inc.


 


 


 


Signature
of Authorized Signatory:__________________________________


 


 


Name
of Authorized Signatory: ___________________________________


 


 


Date
of Acceptance:  __________________________________


 






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