Document:

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                                  EXHIBIT 10.5
                           PLACEMENT AGENT'S AGREEMENT

                                                                  March 11, 2004

                                                                  VIA TELECOPIER
                                                                    305-932-4404

Mr. David A. Collins, President
DAC Technologies Group International, Inc.
1601 Westpark Drive, Suite 4C
Little Rock, AR  72204

Dear Mr. Collins:

      In connection with Keane Securities Co., Inc. (the "Placement Agent" or
"Keane") acting as the exclusive agent and representative with respect to the
private placement (the "Placement") of certain securities (the "Units") of DAC
Technologies Group International, Inc. (the "Company"), described on the term
sheet ("Term Sheet") attached hereto as Exhibit A, the provisions of which shall
be incorporated herein as if at length set forth, the Company and the Placement
Agent hereby agree as follows:

      1.    The Company hereby agrees to pay and deliver to the Placement Agent
at the closing(s) the compensation set forth in Exhibit A for the Placement
Agent's services. The foregoing compensation shall be deemed earned and shall be
due and payable only upon consummation of the closing and in no event shall such
compensation (except for reimbursable expenses) be deemed earned nor be payable
if the closing(s) do not occur.

      2.    The Placement Agent acknowledges that the Units will not have been
registered under the Securities Act of 1933, as amended, (the "Act") or any
state

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securities laws in reliance upon existing exemptions for private offerings and
that neither the Units nor the components thereof can be sold unless they are
registered or an exemption from registration is available.

      3.    The Company and the Placement Agent each represent to the other that
it has not taken, and the Company and the Placement Agent each agree with the
other that it will not take any action, directly or indirectly, so as to cause
the Placement to fail to be entitled to rely upon the exemption from
registration afforded by Section 4(2) of the Act and Regulation D promulgated
thereunder. In effecting the Placement, the Company and the Placement Agent each
agree to comply in all material respects with all applicable provisions of the
Act and any regulations thereunder and all applicable state laws and
requirements. It is understood by the Company and the Placement Agent that the
investors in the Placement will be "accredited investors" within the meaning of
Regulation D, and that all investors shall be subject to the approval of the
Company and the Placement Agent in all events.

      4.    The Placement Agent shall use diligent efforts to complete the
Placement as contemplated herein by June 15, 2004. If the minimum Placement
closes by June 15, 2004, the Placement Agent shall have until July 15, 2004 to
complete the maximum Placement. The Company agrees that from the date hereof
through June 15, 2004, it shall not attempt to sell any of its securities except
through the Placement Agent. At the closing, the Company shall deliver
covenants, warranties, representations and opinions as are traditional in
private placements.

      5.    The Company understands and agrees that Keane, in performing its
services hereunder, will use and rely upon the information contained in certain
documents ("Placement Documents") to be prepared by the Company and upon other
information supplied by the Company, and that Keane does not assume
responsibility for independent verification of any information concerning the
Company, including, without limitation, any financial information, forecasts or
projections considered by Keane in connection with the rendering of its
services. Accordingly, Keane shall be entitled to assume and rely upon the
accuracy or completeness of all such information, and is not required to conduct
a physical inspection of any of the properties or assets or to prepare or obtain
any independent evaluation or appraisal of any of the assets or liabilities of
the Company. With respect to any financial forecasts and projections made
available to Keane by the Company and used by Keane in its analysis, Keane shall
be entitled to assume that such forecasts and projections have been prepared on
reasonable bases reflecting the best currently available estimates and judgments
of the management of the Company as to the matters covered thereby. While Keane
can rely on such information, it reserves the right to investigate, confirm
and/or request other

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information in conjunction with the Company, or independently, and the Company
will cooperate in providing such information and/or instructing its outside
counsel and auditors to supply such information.

      6.    The Company authorizes Keane, as the Company's exclusive Placement
Agent, to submit the Placement Documents to potential investors and to execute
on behalf of the Company if, as and when necessary a customary confidentiality
agreement to be entered into by such parties. Additionally, the Company
authorizes Keane to take all reasonable actions necessary to perform its
services on behalf of the Company as exclusive Placement Agent as long as such
actions are in accordance with this Agreement.

      7.    The Company covenants that for a period of one (1) year from the
closing of the Placement, Keane shall have the right to purchase for Keane's
account or to sell for the account of the Company any securities (other than
purely debt securities; securities offered as part of a compensation plan for
officers, employees and consultants; and securities offered in exchange for
assets or securities of other corporations) with respect to which the Company
may seek a public offering in the United States pursuant to a registration under
the Act and/or a private offering in the United States of said securities. The
Company will consult Keane with regard to any such offering and will offer Keane
exclusively the opportunity to purchase, sell or act as underwriter or placement
agent for the purchase or sale of any such securities on terms not less
favorable to the Company than it can secure elsewhere. If Keane fails to accept
in writing such proposal for financing made by the Company within ten (10)
business days after the receipt of a notice containing such proposal, then Keane
shall have no further claim or right with respect to the financing proposal
contained in such notice. If, thereafter, such proposal is modified in any
material respect, the Company shall adopt the same procedure as with respect to
the original proposal. If Keane does not avail itself of such opportunity to act
as underwriter or placement agent, this will not affect its preferential rights
for future financings during the aforesaid one (1) year period. The Company
acknowledges that its violation of the covenants of this Paragraph 7 and/or
violation of Keane's rights of first refusal would cause irreparable harm to
Keane and agrees that Keane shall be entitled to injunctive relief to prevent
any violation of the provisions of this Paragraph 7. The Company represents and
warrants that no other person or

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entity has any rights to participate in any offer, sale or distribution of
securities with respect to which Keane shall have preferential rights. The
Company also represents and warrants that the terms contemplated herein will not
breach any covenant warranty or condition agreed to by the Company in the equity
and/or debt financings effected by the Company to date. Keane may exercise the
right of first refusal granted pursuant to this Paragraph 7 either on its own
behalf or together with another firm or firms designated by Keane and reasonably
acceptable to the Company, provided, that in each instance Keane shall be fully
qualified to act as underwriter or placement agent in the offering.

      8.    The Company hereby agrees to indemnify and hold harmless the
Placement Agent and its officers, directors and shareholders, individually and
collectively, ("Indemnified Person(s)") from and against any and all claims,
liabilities, losses, damages and reasonable expenses incurred by any Indemnified
Person (including reasonable fees and disbursements of one law firm) which (a)
are related to or arise out of (i) actions taken or omitted to be taken
(including any untrue statements made or any statements omitted to be made) by
the Company or (ii) actions taken or omitted by an Indemnified Person with the
Company's written consent or in conformity with the Company's prior written
instructions or (b) are otherwise directly related to or arise out of the
Placement, and will reimburse the Indemnified Persons for all reasonable costs
or expenses, including reasonable fees and disbursements of counsel, as they are
incurred, in connection with an investigation, inquiry or other proceeding,
whether or not in connection with pending or threatened litigation, caused by or
arising out of or in connection with the Placement whether or not any liability
results therefrom. The Company will not, however, be responsible for any claims,
liabilities, losses, damages, or expenses which are finally judicially
determined to have resulted primarily from the Placement Agent's bad faith,
gross negligence or willful misconduct.

      The Placement Agent hereby agrees to indemnify and hold harmless the
Company and its officers, directors and shareholders, individually and
collectively, ("Indemnified Person(s)") from and against any and all claims,
liabilities, losses, damages and reasonable expenses incurred by any Indemnified
Person (including reasonable fees and disbursements of one law firm) which (a)
are related to or arise out of (i) actions taken or omitted to be taken
(including any untrue statements made or any statements omitted to be made) by
the Placement Agent or (ii) actions taken

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or omitted by an Indemnified Person with the Placement Agent's written consent
or in conformity with the Placement Agent's prior written instructions or (b)
are otherwise directly related to or arise out of the Placement, and will
reimburse the Indemnified Persons for all reasonable costs or expenses,
including reasonable fees and disbursements of counsel, as they are incurred, in
connection with an investigation, inquiry or other proceeding, whether or not in
connection with pending or threatened litigation, caused by or arising out of or
in connection with the Placement whether or not any liability results therefrom.
The Placement Agent will not, however, be responsible for any claims,
liabilities, losses, damages, or expenses which are finally judicially
determined to have resulted primarily from the Company's bad faith, gross
negligence or willful misconduct.

      9.    In the event of a closing of the Placement, Keane shall have the
right to disclose its participation therein, including, without limitation, the
placement of "tombstone" advertisements in financial and other newspapers and
journals as an accountable expense (maximum $7,500) provided for in Exhibit A,
subject to the prior review of and approval by counsel to the Company.

      10.   The Company recognizes that Keane has been engaged by the Company
only and that the Company's engagement of Keane is not deemed to be on behalf of
and is not intended to confer rights upon any shareholder, partner or other
owner of the Company or any other person not a party hereto as against Keane or
its directors, officers, agents, employees or representatives. Unless otherwise
expressly agreed, no one other than the Company is authorized to rely upon the
Company's engagement of Keane or any statements, advice, opinions or conduct by
Keane. Without limiting the foregoing, any opinions or advice rendered by Keane
to the Company's Board of Directors or management in the course of the Company's
engagement of Keane are for the purpose of assisting the Board or management, as
the case may be, in connection with the Placement and do not constitute a
recommendation to any shareholder of the Company, concerning action that such
shareholder might or should take in connection with the Placement. Keane's role
herein is that of an independent contractor, nothing herein is intended to
create or shall be construed as creating a fiduciary relationship between the
Company and Keane.

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      11.   All notices, requests or instructions hereunder shall be in writing
and delivered personally, sent by telecopier or sent by registered or certified
mail, postage prepaid, as follows:

                        (1)   If to the Company:
                                    DAC Technologies Group International, Inc.
                                    1601 Westpark Drive, Ste. 4C
                                    Little Rock, AR 72204
                                    Att: David A. Collins, President
                                    Telecopier: 305-932-4404

                        (2)   If to the Placement Agent:
                                    Keane Securities Co., Inc.
                                    50 Broadway, 13th Floor
                                    New York, New York 10004
                                    Att: Walter D. O'Hearn, Jr.,
                                    Senior Vice President
                                    Telecopier: 212-509-6613

      Any of the above addresses may be changed at any time by notice given as
set forth above; provided, however, that any such notice of change of address
shall be effective only upon receipt. All notices, requests or instructions
given in accordance herewith shall be deemed received on the date of delivery,
if hand delivered or delivered by telecopier and two (2) business days after the
date of mailing, if mailed.

      12.   Except as expressly set forth herein, this Agreement, Exhibit A and
the Agent's Warrants contain the entire agreement among the parties hereto with
respect to the transaction contemplated hereby and shall supersede all previous
agreements of the parties with respect to the subject matter thereof.

      13.   This Agreement shall not be assignable by either party hereto except
pursuant to a writing executed by all of the parties hereto. This Agreement
shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and permitted assigns.

      14.   If any provision of this Agreement, or the application of any such
provision to any person or circumstance, shall be held invalid by a court of
competent jurisdiction, the remainder of this Agreement, or the application of
such

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provision to persons or circumstances other than those as to which it is held
invalid, shall not be affected thereby.

      15.   In addition to the covenants and agreements herein above provided,
each of the parties hereto shall use such party's diligent efforts to take such
actions as may be reasonably necessary or reasonably requested by the other
party hereto to carry out and consummate the transactions contemplated by this
Agreement.

      16.   This Agreement may be executed in counterparts, each of which shall
be deemed an original, but all of which taken together shall constitute one and
the same instrument.

      17.   No modification or amendment of this Agreement shall be effective
unless in writing and signed by the party against which it is sought to be
enforced.

      18.   This Agreement shall be governed by and construed in accordance with
the laws of the State of New York.

                                             Very truly yours,

                                             Keane Securities Co., Inc.

                                             By:/s/ Walter D. O'Hearn, Jr.
                                             Title: Senior Vice President

Agreed:

DAC Technologies Group International, Inc.

By: /s/ David A. Collins
Title:  President

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EXHIBIT A

TO:        DAC Technologies Group International, Inc. (the "Company")

FROM:      Keane Securities Co., Inc. ("Placement Agent" or "Keane")

RE:        THE PLACEMENT

                                   TERM SHEET

PRINCIPAL AMOUNT - $1.7 million with a minimum of $500,000 and a minimum
investment of $25,000 per investor (unless waived by the Company and the
Placement Agent.)

THE UNITS: a) Up to Sixty eight (68) Units priced at $25,000 per Unit with each
Unit to consist of:

            - An undetermined number of shares of the Company's common stock par
value $ _____ per share (the "Common Stock") as equals $25,000 divided by the
Closing Price of the Common Stock as hereinafter defined.

            - The number of Common Stock purchase warrants (the "Unit Warrants")
            as will produce a 50% warrant coverage. By way of example, assuming
            the Closing Price of Common Stock is pegged at $2.00 per share, each
            $25,000 Unit will consist of 12,500 shares of Common Stock and 6,250
            Unit Warrants.

            b) Each Unit Warrant shall entitle the holder to purchase one (1)
      share of Common Stock for the greater of $2.40 or 150% of the Closing
      Price of the Common Stock (as hereinafter defined) per share for a period
      of five (5) years from the date of issue. Each Unit Warrant shall contain
      customary anti-dilution provisions. By way of example, assuming the
      Closing Price of the Common Stock is pegged at $2.00 per share, each Unit
      Warrant will be exercisable at $3.00 per share.

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            c) The term Closing Price of the Common Stock shall mean the average
      of the daily closing prices (or closing bid price if there is no closing
      price) of the Common Stock for a period of ten (10) trading days ending
      two (2) trading days prior to the closing date but in no event less than
      $1.60.

            d) The Unit Warrants shall be non-redeemable for a period of two (2)
      years from the date of the closing of the Placement. Unit Warrants shall
      be redeemable, in whole and not in part, at the option of the Company,
      upon thirty (30) days prior written notice at a redemption price of $.05
      per Warrant from and after that time when the Closing Price of the Common
      Stock (as defined) for each of ten (10) consecutive trading days ending
      not less than five (5) days before the date of the aforesaid redemption
      notice exceeds 200% of the Closing Price of the Common Stock.

PLACEMENT AGENT'S FEE - 8% of the aggregate proceeds from all sales of the Units
achieved through the efforts of the Company, Keane and/or any third party, paid
at closing(s).

            - 5,000 warrants, identical to the Unit Warrants, issued to Keane
            and/or its designees for each Unit sold (at a cost of $.001 per
            warrant) (the "Agent's Warrants").

            - Accountable, reimbursable expenses, including legal fees, not to
            exceed $30,000 with a non-refundable advance of $5,000.

ADDITIONAL TERMS AND CONDITIONS:

      a) Placement Documents to be satisfactory in form and content:

            1.    A detailed statement of the intended use of net proceeds and
                  detailed two (2) year projections with a statement of
                  assumptions.

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            2.    A Subscription Agreement containing standard covenants,
                  representations, warranties and conventional anti-dilution
                  protections.

            3.    A Registration Rights Agreement providing for 1) immediate
                  registration of the Common Stock underlying the Units and Unit
                  Warrants on Form S-3 if the Company is eligible to use such
                  Form or 2) registration of said Common Stock as soon as the
                  Company becomes eligible to use Form S-3, and also providing
                  for evergreen piggyback rights in the event the Company is not
                  eligible to use Form S-3; all at the expense of the Company.

            4.    Form 10k for the year ended December 31, 2003.

            5.    An Accredited Investor Questionnaire apart from or as a part
                  of the Subscription Agreement.

            6.    A list of directors, officers and 5% or greater shareholders
                  by name, residence address, social security number and
                  relationship with the Company.

            7.    ALL material written agreements.

            8.    The latest filed U.S. tax return.

      b)    For a three (3) year period from the first closing, the Company
            shall grant Keane the right to appoint a designee as an observer
            having the right to attend all meetings of the Company's Board of
            Directors and Committees but not having the right to vote. The
            observer will be reimbursed for his out-of-pocket expenses in
            connection with attending such meetings.

      c)    If the Company closes a sale(s) of any of its securities within
            twenty four (24) months after the first closing of the Placement
            with any of the investors introduced by Keane to the Company in
            writing, Keane shall be entitled to the cash portion of Placement
            Agent's Fee and Agent's Warrants set forth above. This provision
            shall not be deemed to alter the one (1) year preferential rights
            period provided for in Section 7 of this Agreement.

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      d)    Escrow Agreement: The Placement Agent will promptly deposit funds
            received from investors in an escrow account or other account (the
            "Account") permitted by Rule 15c2-4 promulgated under the Securities
            and Exchange Act of 1934, as amended, formed by the Placement Agent
            with a qualified institution (the "Bank") and hold funds in
            accordance with the terms of this Agreement for the benefit of the
            investors and Company. The Bank shall release funds from the Account
            to the Company and/or its designees only upon receipt of
            instructions executed by each of the Placement Agent and the
            Company. If the Placement does not close on or before May 15, 2004,
            the Placement Agent will instruct the Bank to return the funds to
            the investors without any deduction therefrom or interest thereon.
            The Company shall bear the costs of the escrow account.

      e)    Conditions to closing: No closing of this Placement shall take place
            unless, prior to June 15, 2004, the Company shall have caused its
            counsel to issue an opinion in form and content reasonably
            satisfactory to Keane; it being understood that said opinion must
            set forth a Rule 10b-5 statement.

      f)    Closing: The closing(s) of the Placement shall take place at the
            offices of the Company or the Placement Agent at times and dates
            agreed upon by the Placement Agent and the Company upon the receipt
            of Subscription Agreements and related documents in form and
            substance satisfactory to the Company and the Placement Agent which
            are equal to or are in excess of the Placement. At each closing,
            payment for the Units shall be made against delivery of certificates
            representing the Units sold.

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DAC Technologies Group International, Inc.
Subscription Agreement

                                  EXHIBIT 10.6
               FORM OF ACCREDITED INVESTOR SUBSCRIPTION AGREEMENT

                   ACCREDITED INVESTOR SUBSCRIPTION AGREEMENT

To:   DAC Technologies Group International, Inc.
      c/o Keane Securities Co., Inc. ("Placement Agent")
      50 Broadway
      New York, N. Y.  10004
      Attn.: Walter D. O' Hearn, Jr.,
      Sr. Vice-President

RE:   PURCHASE OF UNITS CONSISTING OF COMMON SHARES AND WARRANTS OF DAC
      TECHNOLOGIES GROUP INTERNATIONAL, INC. (THE CORPORATION")

Dear Sirs:

1.    SUBSCRIPTION AGREEMENT. This letter subscription agreement ("Agreement")
      will confirm my (hereinafter "Subscriber") subscription to invest, as
      provided in this Agreement, the consideration specified in paragraph 20
      below (the "Subscription Consideration") in the Corporation. The
      Subscription Consideration will be applied to purchase that number of
      units consisting of shares of common stock ("Common Stock") and warrants
      ("Unit Warrants") (collectively the "Units") of the Corporation at the
      rate of $25,000 per Unit as further described in the as described in the
      Term Sheet, attached as Exhibit A attached hereto and incorporated herein
      by reference. The Subscription Consideration shall be paid by check, wire
      transfer or other good funds and the Units, when issued, will be fully
      paid and non-assessable.

2.    OFFERING. Subscriber understands you will be offering Units totaling $1.7
      million (the "Offering") in accordance with the terms set forth on Exhibit
      A. The Corporation is offering no preemptive rights in the event future
      shares are sold following the completion of this Offering.

3.    ANTI-DILUTION. Subject to the provisions of this Section, the number of
      shares of Common

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DAC Technologies Group International, Inc.
Subscription Agreement

      Stock into which each Unit Warrant may be exchanged will be subject to
      adjustment from time to time pursuant to a warrant certificate in the form
      attached as Exhibit B hereto and incorporated herein by reference.

4.    REPRESENTATIONS OF THE SUBSCRIBER. Subscriber acknowledges, represents and
      warrants, as follows:

      (a) RECEIPT OF CORPORATE INFORMATION. No Private Placement Memorandum
      ("PPM") or other customary private offering or disclosure document(s) are
      provided in connection with this Offering, but that Subscriber has been
      furnished with all requested publicly-available documents, records and
      books pertaining to the Corporation's, including, without limitation, its
      most recent annual report on Form 10-KSB for the Year Ended December 31,
      2003 (the "Form 10-KSB") with the Securities and Exchange Commission
      "SEC") and copy of which is attached hereto as Exhibit C and made a part
      hereof. All of the Corporation's prior SEC filings, including Quarterly
      Report on Form 10QSB for the Quarter Ended September 30, 2003 (the "Form
      10-QSB;" the Form 10-KSB and the Form 10-QSB are collectively referred to
      herein as the SEC Documents") may be accessed on line at www.sec.gov . The
      SEC Documents have been made  available to the Subscriber
      and/or its advisors, and all of the Subscriber 's questions and requests
      for information have been answered to the Subscriber's satisfaction.

      (b) NO NEED FOR PPM. Subscriber declines the need for a PPM because of its
      personal wealth, due diligence, ability and sophistication in evaluating
      the investment. In this regard, Subscriber acknowledges that he will:

            -     be furnished at Subscriber's request with full and complete
                  access to all material information relating to the
                  Corporation, including, but not limited to: leases, material
                  contracts, financial statements, pending litigation,
                  competition, use of proceeds, capitalization, and principal
                  owners;

            -     met with or have been invited to meet with and question the
                  key officers, principals and employees concerning all of the
                  matters identified in the previous bullet point as well as the
                  material risks associated with the offering and the business
                  of the Corporation;

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DAC Technologies Group International, Inc.
Subscription Agreement

            -     been provided sufficient time to conduct his personal due
                  diligence including inquiring of and being advised by, his
                  personal attorneys, financial and investment advisors. The
                  Corporation has also afforded Subscriber the opportunity to
                  obtain any additional nonproprietary information necessary to
                  verify the accuracy of any other information provided to
                  Subscriber. In evaluating the suitability of an investment in
                  the Units, Subscriber has not relied upon any representations
                  or other information provided by third parties, with the
                  exception of Subscriber's personal advisors.

      (c) RISKS. The Subscriber acknowledges and understands that the purchase
      of the Securities involves a high degree of risk and is suitable only for
      persons of adequate financial means who have no need for liquidity in this
      investment in that (i) the Subscriber may not be able to liquidate the
      investment in the event of an emergency; (ii) transferability is extremely
      limited; and (iii) in the event of a disposition, the Subscriber could
      sustain a complete loss of its entire Subscriber has adequate means of
      providing for Subscriber's current needs and possible personal
      contingencies and have no need for liquidity of this investment.

      (d) ACCREDITED INVESTOR STATUS. The Subscriber is an "accredited
      investor," as defined in Rule 501(a) of Regulation D, promulgated by the
      Securities & Exchange Commission (the "SEC") under the Securities Act of
      1933, as amended (the "Securities Act"). Subscriber considers
      himself/itself to have knowledge and experience in financial and business
      matters generally such that Subscriber is capable of evaluating the merits
      and risks of an investment in the Units and Subscriber is able to bear the
      economic risk of an investment in Units, including loss of the entire
      investment. Subscriber agrees to make such additional representations and
      warranties and furnish such information regarding Subscriber's investment
      experience and financial position as the Corporation may reasonably
      require.

      (e) INVESTMENT INTENT. The Subscriber hereby represents that the
      Securities being purchased hereunder are being acquired for the
      Subscriber's own account, with no intention of distributing such
      securities to others. The Subscriber has no contact,

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DAC Technologies Group International, Inc.
Subscription Agreement

      undertaking, agreement or arrangement with any person to sell, transfer or
      otherwise distribute to any person or to have any person sell, transfer or
      otherwise distribute for the Subscriber the Securities being purchased
      hereunder or any interest therein. The Subscriber is presently not
      engaged, nor does the Subscriber plan to engage within the presently
      foreseeable future, in any discussion with any person regarding such a
      sale, transfer or other distribution of the securities being purchased
      hereunder or any interest therein.

      (f) COMPLIANCE WITH FEDERAL AND STATE SECURITIES LAWS. The Subscriber
      understands that the Securities being offered and sold hereunder have not
      been registered under the Securities Act. The Subscriber understands that
      the Securities being offered and sold hereunder must be held indefinitely,
      unless the sale or other transfer thereof is subsequently registered under
      the Securities Act or an exemption from such registration is available.
      Moreover, the Subscriber understands that its right to transfer the
      Securities being purchased hereunder will be subject to certain
      restrictions, which include restrictions against transfer under the
      Securities Act, and applicable state securities laws. In addition to such
      restrictions, the Subscriber realizes that it may not be able to sell or
      dispose of the Securities being purchased hereunder as there may be no
      public or other market for them. The Subscriber understands that
      certificates evidencing the Securities being purchased hereunder shall
      bear a legend, substantially as follows:

                  THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
                  REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY APPLICABLE
                  STATE LAW. THEY MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED
                  OR PLEDGED WITHOUT (1) REGISTRATION UNDER THE SECURITIES ACT
                  OF 1933 AND ANY APPLICABLE STATE LAW, OR (2) AN OPINION
                  (REASONABLY SATISFACTORY TO THE COMPANY) OF COUNSEL THAT
                  REGISTRATION IS NOT REQUIRED.

      (g) AUTHORITY; ENFORCEABILITY. The Subscriber has the full right, power,
      and authority to execute and deliver this Agreement and perform its
      obligations hereunder.

      (h) NON-CONTRAVENTION. This Agreement constitutes a valid and legally
      binding

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DAC Technologies Group International, Inc.
Subscription Agreement

      obligation of the Subscriber, and neither the execution of this Agreement,
      nor the consummation of the transactions contemplated hereby, will
      constitute a violation of or default under, or conflict with, any
      judgment, decree, statute or regulation of any governmental authority
      applicable to the Subscriber or any contract, commitment, agreement or
      restriction of any kind to which the Subscriber is a party or by which its
      assets are bound. The execution and delivery of this Agreement does not,
      and the consummation of the transactions described herein will not,
      violate applicable law, or any mortgage, lien, agreement, indenture, lease
      or understanding (whether oral or written) of any kind outstanding
      relative to the Subscriber.

      (i) APPROVALS. No approval, authorization, consent, order or other action
      of, or filing with, any person, firm or corporation or any court,
      administrative agency or other governmental authority is required in
      connection with the execution and delivery of this Agreement by the
      Subscriber or the consummation of the transactions described herein.

      (j) PLACEMENT AGENT'S COMPENSATION. The Subscriber acknowledges that the
      Placement Agent, as compensation for its having assisted the Company in
      the placement of the Units hereunder, will receive (i) a fee equal to 8%
      of the aggregate proceeds from the sale of the Units offered and sold
      hereunder; (ii) reimbursement of the Placement Agent's accountable
      expenses up to a maximum of $30,000; and (iii) 5,000 Warrants identical to
      the Unit Warrants for each Unit sold.

      (k) SUBSEQUENT SALES. The Subscriber acknowledges that the Corporation may
      from time to time raise additional capital, which may include, but not be
      limited to, subsequent offers and sales by the Corporation ("Subsequent
      Sales") of additional shares of Common Stock (with the same or different
      terms). Nothing herein shall prohibit the Company from offering or selling
      additional shares of its equity in addition to the Units.

      (l) CONSENTS TO AMENDMENTS TO ARTICLES OF INCORPORATION. The Subscriber
      hereby consents to the filing of an amendment or amendments, to the
      Corporations's Articles of Incorporation to effect any adjustments to its
      capitalization to implement this private placement.

      (m) ADDITIONAL INFORMATION. All information that Subscriber has provided
      to the Corporation is correct and complete as of the date set forth below
      and if there should be any

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      material change in the information set forth herein, or in any other
      information provided to the Corporation prior to my admission to the
      Corporation, Subscriber will immediately furnish such revised or corrected
      information to the Corporation.

5. REPRESENTATIONS OF THE CORPORATION. Subscriber understands that the
Corporation acknowledges, represents and agrees, as follows:

      (a) CORPORATE ORGANIZATION. The Corporation is duly organized, validly
      existing and in good standing under the laws of the State of Florida and
      has full corporate power, authority and legal right to own its properties
      and to conduct the businesses in which it is now engaged. The Corporation
      is duly licensed or qualified to transact business as a foreign
      corporation and is in good standing in each jurisdiction where the
      ownership or lease of its assets or the operation of its business requires
      such qualification, except where the failure to be so qualified would not
      have a material adverse effect on the business, operations, property or
      financial or other condition of the Corporation (a "Material Adverse
      Effect").

      (b) AUTHORITY. The Corporation has full corporate power and authority to
      execute and deliver this Agreement and to perform all of its covenants and
      agreements hereunder. The execution and delivery of this Agreement by the
      Corporation, the performance by the Corporation of its covenants and
      agreements hereunder and the consummation by the Corporation of the
      transactions contemplated hereby, have been duly authorized by all
      necessary corporate action.

      (c) ENFORCEABILITY. This Agreement when duly executed and delivered by the
      Corporation, will constitute a valid and legally binding obligation of the
      Corporation, enforceable against the Corporation in accordance with its
      terms, except as such enforceability may be limited by (i) bankruptcy,
      insolvency, moratorium or similar laws affecting the enforcement of
      creditors' rights generally, or by the principles governing the
      availability of specific performance, injunctive relief and other
      equitable remedies (regardless of whether such enforceability is
      considered in equity or at law), including requirements of reasonableness
      and good faith in the exercise of rights and remedies thereunder; (ii)
      applicable laws and court decisions which may limit or render
      unenforceable certain terms and provisions contained therein, but which,
      in our opinion, do not substantially interfere with the practical
      realization of the benefits thereof, except for the economic consequences
      of

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      any procedural delay which may be imposed by, relate to or result from
      such laws and court decisions; and (iii) the limitations on the
      enforceability of the securities indemnification provisions set forth
      herein by reason of matters of public policy.

      (d) NONCONTRAVENTION. Neither the execution and delivery of this Agreement
      by the Corporation, nor the consummation of the transactions contemplated
      hereby, nor the performance by the Corporation of its covenants and
      agreements hereunder (i) violates any provision of the Articles of
      Incorporation or By-Laws of the Corporation; (ii) violates any existing
      law, statute, ordinance, regulation, or any order, judgment or decree of
      any court or governmental agency to which the Corporation is a party, or
      by which the Corporation or any of its assets is bound; or (iii) conflicts
      with or will result in any breach of any of the terms of, or constitute a
      default under or result in the termination of or the creation of any lien
      pursuant to the terms of any indenture, mortgage, real property lease,
      securities purchase agreement, credit or loan agreement or other material
      agreement to which the Corporation is a party or by which the Corporation
      or any of its assets is bound, to the extent such violation thereof,
      conflict therewith, breach thereof, default thereunder or termination
      thereof would have a Material Adverse Effect.

      (e) WARRANT SHARES. The Common Shares have been duly authorized and
      reserved for issuance and, when issued upon the exercise of the Unit
      Warrants in accordance with the terms thereof, will be duly and validly
      authorized and issued, fully paid and non-assessable.

      (f) APPROVALS. Except as may be required under federal and state
      securities laws (which have been or, in the case of compliance required on
      a post-sale basis, will be complied with), the execution, delivery and
      performance of this Agreement by the Corporation does not require (i) the
      consent, waiver, approval, license or authorization of or any filing with
      any person or any governmental authority; or (ii) the approval or
      authorization of the shareholders of the Corporation.

      (g) LEGAL PROCEEDINGS. There are no (i) actions, suits, claims,
      investigations or legal or administrative or arbitration proceedings
      pending or, to the best knowledge of the Corporation, threatened against
      or affecting the Corporation, whether at law or in equity, or before or by
      any governmental authority; (ii) judgments, decrees, injunctions or orders
      of any governmental authority or arbitrator against the Corporation,
      which, in either case, could

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      have a Material Adverse Effect.

      (h) SEC FILINGS, ETC. The Corporation has heretofore furnished or provided
      reasonable access or to each Subscriber correct and complete copies of the
      SEC Documents. The SEC Documents were true and correct in all material
      respects at the time filed with respect to the periods covered thereby;
      and such reports, as amended, supplemented, or updated by subsequent
      filings, are true and correct as of the date so amended, supplemented, or
      updated in all material respects, do not contain any misstatement of a
      material fact, and do not omit to state a material fact or any fact
      required to be stated therein or necessary to make the statements
      contained therein not materially misleading with respect to the periods
      covered thereby; and all amendments or supplements thereto required to be
      filed under the federal securities laws have been so filed. The
      consolidated financial statements of the Corporation included in the SEC
      Documents complied, when filed, with the then -applicable accounting
      requirements and the published rules and regulations of the SEC with
      respect thereto, were prepared in accordance with generally accepted
      accounting principles applied on a consistent basis during the periods
      involved (except as may have been indicated in the notes thereto or, in
      the case of the unaudited statements, as permitted by Form 10-QSB
      promulgated by the SEC) and fairly presented (subject, in the case of the
      unaudited statements, to normal audit adjustments) the financial position
      of the Corporation at the dates thereof and the consolidated results of
      the operations and statement of changes in financial position for the
      periods then ended. The Corporation has filed all documents and agreements
      that were required to be filed as exhibits to the SEC Documents and all
      such documents and agreements when filed were correct and complete in all
      material respects.

      (i) ABSENCE OF UNDISCLOSED LIABILITIES. Except as disclosed in the
      financial statements (the "Financial Statements") included in the SEC
      Documents, or as incurred in the ordinary course of business subsequent to
      December 31, 2003, as of the date hereof (i) the Corporation has no
      material liability of any nature (matured or unmatured, fixed or
      contingent) that was not provided for or disclosed in the Financial
      Statements, and (ii) to the best knowledge of the Corporation, all
      liability reserves established by the Corporation and set forth in the
      Financial Statements were adequate in all material respects for the
      purposes indicated therein.

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      (j) NO CHANGE. Except as disclosed in or contemplated by the SEC
      Documents, since December 31, 2003, there has not been (i) any material
      change in the condition (financial or otherwise), operations, results of
      operations, assets, liabilities, business or prospects of the Corporation
      taken as a whole; (ii) any material liability or obligation (contingent or
      otherwise) incurred by the Corporation, other than current liabilities (or
      obligations) or capital leases incurred in the ordinary course of
      business; (iii) any asset or property of the Corporation made subject to a
      lien of any kind, except (a) liens for taxes not yet due or which are
      being contested in good faith and by appropriate proceedings provided
      adequate reserves with respect thereto, are maintained on the
      Corporation's books in accordance with generally accepted principles; (b)
      landlords', carriers', warehousemen's, mechanics', materialmen's,
      repairmen's or other like liens arising in the ordinary course of business
      which are not overdue for a period of more than sixty (60) days or which
      are being contested in good faith and by appropriate proceedings; (c)
      pledges or deposits in connection with worker's compensation, unemployment
      insurance and other social security legislation; (d) deposits to secure
      the performance of contracts, bids, statutory obligations, surety and
      appeal bonds, performance bonds and other obligations of a like nature;
      (e) easements, rights-of-way, restrictions and other similar encumbrances
      incurred in the ordinary course of business; and (f) liens which, in the
      aggregate, are not material in amount, and which do not in any case
      materially detract from the value of the property subject thereto or
      interfere with the ordinary conduct of the Corporation's business; (iv)
      any waiver of any material valuable right of the Corporation, or the
      cancellation of any material debt or claim held by the Corporation; (v)
      any payment of dividends on, or other distributions with respect to, or
      any direct or indirect redemption or acquisition of, any shares of the
      Common Stock of the Corporation, or any agreement or commitment therefore;
      (vi) any mortgage, pledge, sale, assignment or transfer of any tangible or
      intangible assets of the Corporation, except, with respect to tangible
      assets, in the ordinary course of business; (vii) any loan by the
      Corporation to any officer, director, employee or shareholder of the
      Corporation, or any agreement or commitment therefor; (viii) any material
      damage, destruction or loss (whether or not covered by insurance) which
      does nor may adversely affect the condition (financial or otherwise),
      operations, results of assets, property, business or prospects of the
      Corporation; or (ix) any change in the accounting methods or practices
      followed by the Corporation.

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      (k)   TAXES. The Corporation has accurately prepared and timely filed or
      has had accurately prepared and timely filed on its behalf all tax returns
      which, to the knowledge of the Corporation, are required to be filed by
      it, and has paid all taxes shown to be due and payable on said returns or
      on any assessments made against it or any of its property and all other
      taxes, fees or other charges imposed on it or any of its property by any
      nation or government, any state or other political subdivision thereof,
      and any entity exercising executive, legislative, judicial, regulatory or
      administrative functions of or pertaining to government (other than those
      the amount or validity of which is currently being contested in good faith
      by appropriate proceedings and with respect to which reserves in
      conformity with generally accepted accounting principles have been
      provided on the books of the Corporation); and except as set forth on a
      Schedule hereto, no tax liens have been filed and, to the knowledge of the
      Corporation, no claims are being asserted with respect to any such taxes,
      fees or other charges.

      (l)   DISCLOSURE. The representations or warranties made by the
      Corporation in this Agreement or, except to the extent modified or amended
      by subsequent written disclosure to each of the Subscribers through the
      date hereof, in any other document or certificate furnished in connection
      herewith did not contain at the time made, or, if set forth herein, does
      not contain any untrue statement of a material fact, or omit to state any
      material fact necessary to make the statements herein or therein, in light
      of the circumstances under which they are made, not misleading in any
      material respect. There is no fact known to the Corporation that
      materially adversely affects or, other than general economic conditions in
      the industry in which the Corporation operates, that the Corporation
      reasonably believes will in the future materially adversely affect the
      business, operations, affairs or condition, financial or otherwise, of the
      Corporation, which has not been set forth in this Agreement or in the SEC
      Documents.

      m.    CAPITALIZATION The authorized capital stock of the Corporation
            consists of:

            (i)   Common stock, $.001 par value authorized 50,000,000 shares;
                  issued 5,843,056 shares and outstanding 5,713,056 shares at
                  December 31, 2003;

            (ii)  Preferred stock, $.001 par value; authorized 10,000,000
                  shares; none issued and outstanding. These "blank check"
                  shares empower the Board of Directors, without stockholder
                  approval, to designate and issue additional

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                  series of preferred stock with dividend, liquidation,
                  conversion, voting or other rights, including the right to
                  issue convertible securities with no limitations on
                  conversion. These designations and issuances may:

                        -     adversely affect the voting power or other rights
                              of the holders of Common stockholders;

                        -     substantially dilute the Common shareholder's
                              interest;

                        -     depress the price of Common Stock; and

                        -     delay, deter, or prevent a merger, take over or
                              change in control without any action by the
                              shareholders.

      n.    RELATED PARTY TRANSACTIONS Except to the extent described in the SEC
Documents, no current principal shareholder or current or former director,
officer or employee of the Corporation nor any "affiliate" (as defined in the
rules and regulations promulgated under the Securities Exchange Act of 1934, as
amended), of any such person, is currently, directly or indirectly through his
affiliation with any other person or entity, a party to any transaction (other
than as an employee, consultant or shareholder) with the corporation providing
for the furnishing of services by, or rental of real or personal property from,
or otherwise requiring cash payments from or to any such person.

6.    REGISTRATION RIGHTS

      (a) FILING OF REGISTRATION STATEMENT. The Corporation, at its sole
      expense, shall file (i) on or before September 30, 2004 a registration
      statement of the Common Stock and the Unit Warrants on Form S-3 (which
      permits the inclusion or incorporation by reference of substantial
      information by reference to other documents filed by the Corporation with
      the SEC)(the "Registration Statement") or (ii) a Registration Statement as
      soon thereafter as the Corporation is eligible to use Form S-3. In the
      event the Corporation is not eligible to use Form S-3, it shall provide to
      the Subscriber evergreen piggy-back registration rights covering the
      Common Shares and Unit Warrants. The corporation shall use its best
      efforts to achieve the effectiveness of the registration in question.

      (b) OBLIGATIONS OF THE CORPORATION. In connection with the filing of the
      Registration Statement, the Corporation shall:

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            -     prepare and file with the SEC such amendments (including
                  post-effective amendments) and supplements to the Registration
                  Statement and the prospectus used in connection with the
                  Registration Statement and take such other reasonable action
                  as may be necessary to keep the Registration Statement
                  effective until the earlier of the (A) public sale of the
                  Common Shares or (B) the Common Shares becoming capable of
                  full and complete public sale without registration under the
                  Securities Act, and to comply with the provisions of the
                  Securities Act and the Exchange Act, and the rules and
                  regulations thereunder, with respect to the disposition of the
                  Common Shares;

            -     Notify the Subscriber, after becoming aware thereof: (A) when
                  the Registration Statement or the prospectus included therein
                  or any prospectus amendment or supplement or post-effective
                  amendment has been filed and, with respect to the Registration
                  Statement or any post-effective amendment, when the same has
                  become effective, or (B) of any request by the SEC for
                  amendment of or supplement to the Registration Statement or
                  related prospectus or for additional information.

7.    FILINGS CURRENT. Subscriber has been advised that the Corporation is a
      reporting Corporation as that term is used in the Securities Exchange Act
      of 1934 ("Exchange Act""), and has, to date, is current in its report
      filings with the SEC.

8.    FORWARD-LOOKING STATEMENTS. Subscriber acknowledges that much of the
      information and statements provided to him/it constitutes forward-looking
      information. These are statements that plan for or anticipate the future.
      Subscriber further acknowledges that forward-looking statements include
      statements about the future of the of the Corporation, the future of
      products in that industry, statements about the Corporation's future plans
      and strategies, and most other statements not historical in nature.
      Subscriber further acknowledges these statements are based on assumptions
      that may or may not prove to be accurate and Subscriber has not relied
      upon these projected results as indicative of the actual results that may
      be obtained by the Corporation. No representation or warranty of any kind
      has been given to Subscriber with respect to the accuracy of such
      projections or the underlying assumptions. Moreover, Subscriber
      understands forward-looking statements may be identified by the use of
      forward-looking terminology such as "may," "will," "expect," "believe,"
      "estimate,"

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      "anticipate," "continue," or similar terms, variations of those terms, or
      the negative of those terms. Forward-looking statements involve risks and
      uncertainties, and Subscriber understands that the Corporation's actual
      results could differ materially from the results discussed in the
      forward-looking statements.

9.    ACCEPTANCE/REJECTION. The Corporation and the Placement Agent each has the
      right to accept or reject this Subscription in whole or in part. This
      Agreement will be deemed to be accepted by the Corporation only when
      signed by the Corporation or its authorized agent. Once accepted by the
      Corporation, this Subscription is irrevocable except as otherwise required
      by applicable state securities laws.

10.   Subscriber understands that:

      -     Neither the Securities and Exchange Commission nor any state
            securities commission has approved or disapproved of these
            securities or passed upon the adequacy or accuracy of this
            prospectus. Any representation to the contrary is a criminal
            offense.

      -     Subscriber's right to transfer all or any part of the Units will be
            "restricted" as that term is defined under Rule 144 promulgated
            pursuant to, and such Common Units may not be transferred unless
            registered under the Securities Act of 1933, (the "Securities Act,"
            15 USCA Sections 7a et seq.), and any applicable state securities
            laws, unless an exemption from such registration is available.

11. Subscriber hereby certifies that Subscriber qualifies as an "accredited
investor" within the meaning of Rule 501(a) of Regulation D promulgated under
the Securities Act both because I am a natural person and (CHECK ONE ):

            A._______ MY (OR COMBINED WITH MY SPOUSE) NET WORTH EXCEEDS
            $1,000,000 AT THE TIME OF THE PURCHASE OF THE UNITS, OR

            B._______BECAUSE MY ANNUAL INCOME IN EACH OF 2002 AND 2003 HAS
            EXCEEDED $200,000 (OR $300,00 IF COMBINED WITH MY SPOUSE), AND IN
            THE CURRENT YEAR (2004) IS EXPECTED TO REACH THE SAME INCOME LEVEL;
            OR

            C.______ANY EXECUTIVE OFFICER OR DIRECTOR OF THE CORPORATION; OR

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            D.______CERTAIN FINANCIAL INSTITUTIONS; OR

            E.______ BUSINESS DEVELOPMENT CORPORATION UNDER SECTION 202(A)(22)
            OF THE INVESTMENT ADVISER OF 1940; OR

            F.______ORGANIZATIONS DESCRIBED IN SECTION 501 (C)(3) OF THE
            INTERNAL REVENUE CODE AND CERTAIN OTHER CORPORATIONS, TRUSTS OR
            PARTNERSHIPS NOT FORMED FOR THE SPECIFIC PURPOSE OF ACQUIRING THE
            SECURITIES OFFERED, WITH TOTAL ASSETS IN EXCESS OF $5,000,000; OR

            G.______ANY TRUST WITH TOTAL ASSETS IN EXCESS OF $5,000,000 NOT
            FORMED FOR THE SPECIFIC PURPOSE S OFFERED, WHOSE PURCHASE IS
            DIRECTED BY A SOPHISTICATED PERSON; AND

            H._____AN ENTITY IN WHICH ALL OF THE ENTITY OWNERS MEET ONE OR MORE
            OF THE CATEGORIES SET FORTH IN SUBSECTIONS (A) THROUGH (G) HEREOF.

12.   Subscriber understands the meaning and legal consequences of the
            representations and warranties and the restrictions and limitations
            on transfer contained in this Agreement and hereby agree to
            indemnify and hold harmless the Corporation, the Board members, the
            Placement Agent, and each of their affiliates, advisors, agents and
            employees, from and against any and all loss, damage or liability
            due to or arising out of any inaccuracy in or breach of any of those
            representations or warranties by Subscriber. Notwithstanding the
            provisions of this paragraph, Subscriber acknowledges specifically
            that the representations and warranties and understandings and
            agreements set forth in this Agreement will survive the date of this
            Agreement.

13.   Failure by the Corporation to exercise any right or remedy under this
      Agreement or any other agreement between the Corporation and him, or delay
      by the Corporation in exercising the same, shall not operate as a waiver.
      No waiver by the Corporation shall be effective unless it is in writing
      and signed by the Corporation.

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14.   In the event that any provision of this Agreement is invalid or
      unenforceable under any applicable statute or rule of law, then such
      provision shall be deemed inoperative to the extent that it may conflict
      with such statute or rule of law and shall be deemed modified to conform
      therewith. Any provision hereof which may prove invalid or unenforceable
      shall not affect the validity or enforceability of any other provision
      hereof..

15.   Notices required or permitted to be given under this Agreement shall be in
      writing and shall be deemed to be sufficiently given when sent by
      registered or certified United States mail, postage prepaid, addressed to
      the party for whom intended at the address of such party set forth below.
      For the notice required regarding the exercise of the Unit Warrants or
      other related notice, please see the Unit Warrant Certificate, Exhibit B.

16.   This Agreement is not transferable or assignable by Subscriber.

17.   This Agreement and all questions relating to its validity, interpretation,
      performance and enforcement shall be governed and construed in accordance
      with the laws of the State of Florida, without giving effect to conflict
      of law principles (except insofar as affected by the state securities or
      "Blue Sky" laws of the jurisdiction in which the offerings described
      herein have been made). Subscriber understands that this Agreement: (I)
      shall be binding upon Subscriber and his legal representatives, successors
      and assigns and shall inure to the benefit of the Corporation, its
      successors and assigns; (ii) shall survive his admission as a shareholder
      of the Corporation; and (iii) may be executed by his and accepted by the
      Corporation in one or more counterparts, each of which shall be an
      original and all of which together shall constitute one instrument.

18.   Miscellaneous:

      18.01.NO PUBLICATION. Subscriber agrees Subscriber will not voluntarily
            publish or disclose in any manner the terms of this Agreement.

      18.02.FURTHER ASSURANCES. Subscriber agrees to execute and deliver such
            other instruments and do such other acts as may be necessary to
            carry out the intent and purposes of this Agreement.

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      18.03.COUNTERPARTS. This Agreement may be executed in any number of
            counterparts. All executed counterparts shall constitute one
            Agreement, notwithstanding that all signatories are not signatories
            to the original or the same counterpart.

      18.04.COMPLETENESS AND MODIFICATION. Subscriber understands this
            Agreement constitutes the entire understanding among the parties
            concerning the subject matter hereof and it supercedes all prior or
            contemporaneous agreements or understandings. No waiver or
            modification of the terms hereof shall be valid unless in writing
            signed by the parties or party to be charged and only to the extent
            therein set forth. No covenant, representation or condition not
            expressed in this agreement shall offset or be effective to
            interpret change or modify any of the expressed provisions of this
            Agreement.

      18.05.ARBITRATION. The parties hereto agree that all actions,
            controversies, disputes and proceedings relating directly or
            indirectly hereto shall be arbitrated in Palm Beach County, Florida
            before and in accordance with the rules and regulations of the
            American Arbitration Association. The parties hereby expressly
            consent to the jurisdiction of any such arbitration forum or court
            and to venue therein and consent to service the process in any such
            action or proceeding by certified or registered mailing of the
            summons/complaint thereof directly to the parties as their
            respective addresses as set forth in this Agreement.

      18.06.BINDING AFFECT. This Agreement shall be binding upon the heirs and
            personal representatives, guardians, legal representatives,
            administrators, assigns and successors or the parties hereto.

      18.07.RIGHT TO COUNSEL. Subscriber acknowledges that Subscriber has had
            the opportunity to discuss the contents of this Agreement with his
            attorneys.

19.   RESIDENCY REPRESENTATION. Subscriber represents that his principal
      residence (if an individual), is the state shown on this Agreement; if the
      Subscriber is an entity (except a general partnership) such as a
      corporation, trust, limited partnership, or limited liability Corporation,
      it was incorporated, or organized and is existing under the laws of the
      state shown in this Agreement. If the Subscriber is a general partnership,
      the principal residence of all general partners are in the states shown in
      this Agreement. The Subscriber represents that regardless of the form of
      the entity, it was not formed for the specific purpose of engaging in this
      transaction.

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20.   SUBSCRIPTION CONSIDERATION

      The Subscription Consideration consists of the following:

AMOUNT $__________      NUMBER OF UNITS________  (INITIAL_______)

21.   FORM OF OWNERSHIP (CHECK ONE)

      Subscriber has initialed the form of ownership Subscriber desires for the
      Units.

      [ ] Individual (one signature required)
      [ ] Joint Tenants with Right of Survivorship (all parties must sign)
      [ ] Tenants in Common (all parties must sign)
      [ ] Tenants by the Entirety (all parties must sign)
      [ ] Community Property (one signature required if interest held in one
      name, i.e, managing spouse; two signatures required if interest is held in
      both names)
      [ ] Corporation (signature of authorized officer or officers required)
      [ ] Partnership (signature of general partner and any additional
      signatures required by partnership agreement required)
      [ ] Trust (signature of trustee and any additional signatures required by
      trust instrument required)
      [ ] Other Entities (all signatures required by governing instrument
      required)

22.   BLUE SKY PROVISIONS

      SALES IN FLORIDA: THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933, AS AMENDED (THE "ACT") OR THE FLORIDA SECURITIES
      ACT, BY REASON OF SPECIFIC EXEMPTIONS THEREUNDER RELATING TO THE LIMITED
      AVAILABILITY OF THE OFFERING. THESE SECURITIES CANNOT BE SOLD, TRANSFERRED
      OR OTHERWISE DISPOSED OF TO ANY PERSON OR ENTITY UNLESS SUBSEQUENTLY
      REGISTERED UNDER THE ACT OR THE LAWS OF THE STATE, IF SUCH REGISTRATION IS
      REQUIRED.

      FLORIDA LAW PROVIDES THAT WHEN SALES ARE MADE TO FIVE OR MORE PERSONS IN
      FLORIDA, ANY SALE MADE IN FLORIDA IS VOIDABLE BY THE PURCHASER WITHIN
      THREE (3) DAYS AFTER THE FIRST TENDER OF CONSIDERATION IS MADE BY SUCH
      PURCHASER TO THE CORPORATION, AN AGENT OF THE CORPORATION OR AN ESCROW
      AGENT OR WITHIN THREE DAYS AFTER THE AVAILABILITY OF THAT PRIVILEGE IS
      COMMUNICATED TO SUCH PURCHASER, WHICHEVER OCCURS LATER. PAYMENTS FOR

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      TERMINATED SUBSCRIPTIONS WILL BE PROMPTLY REFUNDED WITHOUT INTEREST. SUCH
      WITHDRAWAL WILL BE WITHOUT ANY FURTHER LIABILITY TO ANY PERSON. TO
      ACCOMPLISH SUCH WITHDRAWAL, AN INVESTOR NEED ONLY SEND A LETTER OR
      TELEGRAM TO THE CORPORATION AT THE ADDRESS SHOWN HEREIN INDICATING HIS
      INTENTION TO WITHDRAW. SUCH LETTER OR TELEGRAM MUST BE SENT AND POSTMARKED
      PRIOR TO THE END OF THE AFOREMENTIONED THIRD BUSINESS DAY. IF SENDING A
      LETTER, AN INVESTOR SHOULD SEND IT BY CERTIFIED MAIL, RETURN RECEIPT
      REQUESTED, TO ENSURE THAT IT IS RECEIVED AND TO EVIDENCE THE TIME WHEN IT
      IS MAILED. ANY ORAL REQUESTS FOR RESCISSION SHOULD BE ACCOMPANIED BY A
      REQUEST FOR WRITTEN CONFIRMATION THE ORAL REQUEST WAS RECEIVED ON A TIMELY
      BASIS.

      AS REQUIRED BY SECTION 517.061(11)(a)3, FLORIDA STATUTES, AND RULE 3E-5
      00.05(5)(a) PROMULGATED THEREUNDER, PROSPECTIVE INVESTORS AND THEIR
      PURCHASER REPRESENTATIVES MAY HAVE, AT THE OFFICES OF THE CORPORATION AT
      ANY REASONABLE HOUR, AFTER REASONABLE PRIOR NOTICE, ACCESS TO THE
      MATERIALS SET FORTH IN THE RULE, ANY OTHER MATERIALS RELATING TO THE
      CORPORATION, THE OFFERING DESCRIBED IN THIS MEMORANDUM OR ANYTHING SET
      FORTH IN THIS MEMORANDUM WHICH THE CORPORATION CAN OBTAIN WITHOUT
      UNREASONABLE EFFORT OR EXPENSE. SEE, "ADDITIONAL INFORMATION".

            NSAA NOTICE: IN MAKING AN INVESTMENT DECISION INVESTORS MUST RELY ON
            THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING,
            INCLUDING THE MERITS AND RISKS INVOLVED. THESE SECURITIES HAVE NOT
            BEEN RECOMMENDED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR
            REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE
            NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS
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            THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND
            RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED
            UNDER THE SECURITIES LAWS, PURSUANT TO REGISTRATION

                                       18
<PAGE>

DAC Technologies Group International, Inc.
Subscription Agreement

            OR EXEMPTION THEREFROM. INVESTORS SHOULD BE AWARE THAT THEY WILL BE
            REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN
            INDEFINITE PERIOD OF TIME.

      IN WITNESS WHEREOF, I have executed this Agreement this ___day of
      ____,2004.

Witnesses:

________________________                                ________________________
                                                        Subscriber

________________________

                                    ACCEPTED:
                                    DAC TECHNOLOGIES GROUP INTERNATIONAL, INC.

                                    By:________________________

                                       Principal Officer

                                       19

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