Document:

Global Green Solutions Inc.: Exhibit 10.63 - Filed by newsfilecorp.com

	US $0.10 UNIT CONVERTIBLE
      NOTE 
	PRIVATE PLACEMENT
      
	SUBSCRIPTION
      AGREEMENT 

 

Global Green Solutions Inc.
Suite 1010, 789 West
Pender Street, Vancouver, British Columbia, Canada, V6C 1H2 
__________

 

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

SIGNATURE PAGE / SUBSCRIBER STATEMENT

TO THE US$0.10 UNIT CONVERTIBLE NOTE PRIVATE PLACEMENT

SUBSCRIPTION AGREEMENT OF GLOBAL GREEN SOLUTIONS INC.

     SUBSCRIBER’S STATEMENT –
the Subscriber is a sophisticated investor, the Subscriber has sought such
independent counsel as the Subscriber considers necessary and the Subscriber has
read the attached “US$0.10 unit Convertible Note Private Placement Subscription
Agreement” (the “Agreement”) carefully and accepts, agrees and
acknowledges the representations and terms thereof in full and without exception
and agrees that such Agreement constitutes the entire agreement between Global
Green Solutions Inc. (the “Company”) and the Subscriber and that there
are no collateral representations or agreements between the same.

     The Company is offering
(collectively, the “Offering”), to eligible investors (each such an
investor who subscribes to this Offering by this document is hereinafter
referred to as the “Subscriber”) on a private placement basis,
convertible notes yielding 12% per annum simple interest, not in advance with a
two year term (“Purchased Securities”) convertible into units of securities in
the capital of the Company at US$0.10 per unit (“Conversion Price”) at the
option of the Subscriber. Each unit shall be comprised of one common share and
one share purchase warrant, with each whole warrant (each a “Warrant”)
exercisable into a further common share in the capital of the Issuer at
US$0.25 per share for a two year period from the date of conversion (each a
“Unit”). Interest is payable at the end of term in either cash or common
shares convertible at the Conversion Price. Warrants may be exercised for cash
consideration or on a cashless basis as defined in section 1.3 of this
Agreement. The Company offers, and the Subscriber accepts, the US$0.10 Unit
Convertible Note on the terms and conditions as set forth in this subscription
agreement (the “Agreement”).

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 2 -

Amount of Convertible Note subscribed for: =
US$ ___________________________

Exercisable into __________________ Units of the Company as outlined
below in the Subscription Agreement

Dated at ____________, ____________, on this
_____day of _____________, 2010.

	REGISTRATION INSTRUCTIONS: 	 	DELIVERY INSTRUCTIONS: 
	 	 	 
	 	 	 
	Name to appear on
      certificate 	 	Name
      and account reference, if applicable 
	 	 	 
	 	 	 
	Account reference,
      if applicable 	 	Contact
      name 
	 	 	 
	 	 	 
	Address 	 	Address
    
	 	 	 
	 	 	 
	  	 	Telephone number 

	
      EXECUTED by the Subscriber this ____ day of
      __________ , 2010. By executing this Subscription Agreement, the
      Subscriber certifies that the Subscriber and any beneficial
      purchaser for whom the Subscriber is acting is a resident in the
      jurisdiction shown as the “Address of the Subscriber”. The address
      of the Subscriber will be accepted by the Company as a representative as
    to the address of residency for the Subscriber.  

	WITNESS: 	 	EXECUTION BY SUBSCRIBER: (all items must be
      completed) 
	  	 	  
	 	 	 
	Signature of witness
    	 	Signature of individual (if Subscriber is an
      individual) 
	 	 	 
	 	 	 
	Name of witness 	 	  
	  	 	Signature of Authorized Signatory (if Subscriber is not
      an individual) 
	 	 	 
	Address of witness
    	 	  
	  	 	Name
      and Title of Authorized Signatory (please print) 
	 
    	 	  
	 	 	 
	  	 	Name of
      Subscriber (please print) (the “Subscriber”) 
	  	 	
	 	 	 
	  	 	Address
      of Subscriber (residence) 
	ACCEPTED this ____ day
      of ___________, 2010. 	 	
	  	 	
	  	 	Telephone number and e-mail address 
		 	 
    
	Per: 	 	 
	 	 	 
	Authorized
      signatory 	 	  

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 3 -

IF THE SUBSCRIBER IS NOT A U.S. RESIDENT, THE
SUBSCRIBER MUST COMPLETE AND SIGN ATTACHMENT “I” IMMEDIATELY FOLLOWING
THIS SIGNATURE PAGE/SUBSCRIBER STATEMENT AND COMPLETE THE MISSING INFORMATION
AND CIRCLE THE APPLICABLE CATEGORY(IES) (A) THROUGH (P) AS SET FORTH IN SECTION
3.4(af)(i) OF THE ATTACHED AGREEMENT.

IF THE SUBSCRIBER IS NOT A BC RESIDENT, THE
SUBSCRIBER MUST COMPLETE ATTACHMENT “II” BRITISH COLUMBIA INSTRUMENT
51-509 CERTIFICATE OF SHAREHOLDER WHICH REPRESENTS AND WARRANTS THAT THE
SUBSCRIBER IS NOT A RESIDENT OF BRITISH COLUMBIA AND UNDERTAKES NOT TO TRADE OR
RESELL ANY OF THE SHARES IN OR FROM BRITISH COLUMBIA UNLESS THE TRADE OR RESALE
IS MADE IN ACCORDANCE WITH BCI 51.509.

IF THE SUBSCRIBER IS A U.S. RESIDENT,
THE SUBSCRIBER MUST COMPLETE AND SIGN SCHEDULE A AT THE END OF
THIS DOCUMENT

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

Attachment “I” 
SUBSCRIBER’S CERTIFICATE

All capitalized terms herein, unless otherwise defined, have
the meanings ascribed thereto in the Subscription Agreement.

The purpose of this Questionnaire is to assure the Company that
the Subscriber will meet certain requirements of National Instrument 45-106 ("NI
45-106"). The Company will rely on the information contained in this
Questionnaire for the purposes of such determination.

The Subscriber covenants, represents and warrants to the
Company that:

		1. 	
      a) the Subscriber has such knowledge and experience in
      financial and business matters as to be capable of evaluating the merits
      and risks of the transactions detailed in the Subscription Agreement and
      the Subscriber is able to bear the economic risk of loss arising from such
      transactions; 
	
	 	  	
       
	
       
	 
			
      b) the Subscriber is purchasing the US $0.10 Unit
      Convertible Note as principal, that the Subscriber is resident in the
      jurisdiction set out on the signature page thereof; 
	
	 	  	
       
	
       
	 
	 	2. 	
      the Subscriber is (tick one or more of the following
      boxes): 
	 
	 	  	
       
	
       
	 
			
      (A) 
	
      a founder of the Company, or a director, executive
      officer, employee or control person of the Company or of an affiliate of
      the Company 
	 [    
    ]
	 	  	
       
	
       
	 
			
      (B) 
	
      a spouse, parent, grandparent, brother, sister or child
      of a director, executive officer, founder or control person of the Company
      or an affiliate of the Company 
	[     ]
	 	  	
       
	
       
	 
			
      (C) 
	
      a close personal friend of a director, executive officer,
      founder or control person of the Company 
	[     ]
	 	  	
       
	
       
	 
			
      (D) 
	
      a close business associate of a director, executive
      officer, founder or control person of the Company or an affiliate of the
      Company 
	[     ]
	 	  	
       
	
       
	 
	 	  	
      (E) 
	
      an accredited investor 
	 [    
    ]
	 	  	
       
	
       
	 
			
      (F) 
	
      a company, partnership or other entity of which a
      majority of the voting securities are beneficially owned by, or a majority
      of the directors are, persons described in paragraphs A to F 
	[     ]
	 	  	
       
	
       
	 
			
      (G) 
	
      a trust or estate of which all of the beneficiaries or a
      majority of the trustees or executors are persons described in paragraphs
      A to F 
	[     ]
	 	  	
       
	
       
	 
			
      (H) 
	
      purchasing as principal Securities with an aggregate
      acquisition cost of not less than CDN$150,000 
	[    
  ]

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 2 -

	 	3. 	
      if the Subscriber has checked box B, C, D, E, G or H in
      Section 2 above, the director, executive officer, founder or control
      person of the Company with whom the undersigned has the relationship
      is:

	 	 	 

Instructions to Subscriber: fill in
the name of each director, executive officer, founder and control person which
you have the above-mentioned relationship with. If you have checked box G or H,
also indicate which of A to F describes the security holders, directors,
trustees or beneficiaries which qualify you as box G or H and provide the names
of those individuals. Please attach a separate page if necessary. 

	 	4. 	
      if the Subscriber is resident in Ontario, the Subscriber
      is (tick one or more of the following boxes only if the Subscriber is
      resident in Ontario):

	 	(A) 	a founder of the Company 	 [    
    ]
	 	(B) 	an affiliate of a founder of the
      Company 	 [    
    ]
		(C) 	a spouse, parent, brother,
      sister, grandparent or child of a director, executive officer or founder
      of the Company 	[     ]
	 	(D) 	a person that is a control person
      of the Company 	 [    
    ]
	 	(E) 	an accredited investor 	 [    
    ]
		(F) 	purchasing as principal
      Securities with an aggregate acquisition cost of not less than CDN$150,000
    	[    
  ]

	 	5. 	
      if the Subscriber has checked box A, B, C or D in Section
      4 above, the director, executive officer, founder or control person of the
      Company with whom the undersigned has the relationship is:

	 	 	 
	 		
	 	 	 
	 		
      (Instructions to Subscriber: fill in the name of each
      director, executive officer, founder, affiliate and control person which
      you have the above- mentioned relationship
with.)

	 	6. 	
      if the Subscriber has ticked box F in Section 2 or box E
      in Section 4 above, the Subscriber satisfies one or more of the categories
      of "accredited investor" (as that term is defined in NI 45-106) indicated
      below (please check the appropriate box):

		[ ] 	
      (a) a Canadian financial institution as defined in
      National Instrument 14- 101, or an authorized foreign bank listed in
      Schedule III of the Bank Act (Canada); 

	 	  	
       

		[ ] 	
      (b) the Business Development Bank of Canada incorporated
      under the Business Development Bank Act (Canada); 

	 	  	
       

		[ ] 	
      (c) a subsidiary of any person referred to in any of the
      foregoing categories, if the person owns all of the voting securities of
      the subsidiary, except the voting securities required by law to be owned
    by directors of that subsidiary; 

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 3 -

		[ ] 	
      (d) an individual registered or formerly registered under
      securities legislation in a jurisdiction of Canada, as a representative of
      a person or company registered under securities legislation in a
      jurisdiction of Canada, as an adviser or dealer, other than a limited
      market dealer registered under the Securities Act (Ontario) or the
      Securities Act (Newfoundland); 

	 	  	
       

		[ ] 	
      (e) an individual registered or formerly registered under
      the securities legislation of a jurisdiction of Canada as a representative
      of a person referred to in paragraph (d); 

	 	  	
       

		[ ] 	
      (f) the government of Canada or a province, or any crown
  corporation or agency of the government of Canada or a province;

	 	  	
       

		[ ] 	
      (g) a municipality, public board or commission in Canada
      and a metropolitan community, school board, the Comite de gestion de la
      taxe scholaire de l'ile de Montreal or an intermunicipal management board
      in Québec; 

	 	  	
       

		[ ] 	
      (h) a national, federal, state, provincial, territorial
      or municipal government of or in any foreign jurisdiction, or any agency
      thereof; 

	 	  	
       

		[ ] 	
      (i) a pension fund that is regulated by either the Office
      of the Superintendent of Financial Institutions (Canada) or a pension
      commission or similar regulatory authority of a jurisdiction of Canada;      

	 	  	
       

		[ ] 	
      (j) an individual who either alone or with a spouse
      beneficially owns, directly or indirectly, financial assets (as defined in
      NI 45-106) having an aggregate realizable value that, before taxes but net
      of any related liabilities, exceeds CDN$1,000,000; 

	 	  	
       

		[ ] 	
      (k) an individual whose net income before taxes exceeded
      CDN$200,000 in each of the two more recent calendar years or whose net
      income before taxes combined with that of a spouse exceeded $300,000 in
      each of those years and who, in either case, reasonably expects to exceed
      that net income level in the current calendar year; 

	 	  	
       

		[ ] 	
      (l) an individual who, either alone or with a spouse, has
      net assets of at least CDN $5,000,000; 

	 	  	
       

		[ ] 	
      (m) a person, other than an individual or investment
      fund, that had net assets of at least CDN$5,000,000 as reflected on its
      most recently prepared financial statements; 

	 	  	
       

		[ ] 	
      (n) an investment fund that distributes it securities
      only to persons that are accredited investors at the time of distribution,
      a person that acquires or acquired a minimum of CDN$150,000 of value in
      securities, or a person that acquires or acquired securities under
      Sections 2.18 or 2.19 of NI 45- 106; 

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 4 -

		[ ] 	
      (o) an investment fund that distributes or has
      distributed securities under a prospectus in a jurisdiction of Canada for
      which the regulator or, in Québec, the securities regulatory authority,
      has issued a receipt; 

	 	  	
       

		[ ] 	
      (p) a trust company or trust corporation registered or
      authorized to carry on business under the Trust and Loan Companies Act
      (Canada) or under comparable legislation in a jurisdiction of Canada
      or a foreign jurisdiction, acting on behalf of a fully managed account
      managed by the trust company or trust corporation, as the case may be;
    

	 	  	
       

		[ ] 	
      (q) a person acting on behalf of a fully managed account
      managed by that person, if that person (i) is registered or authorized to
      carry on business as an adviser or the equivalent under the securities
      legislation of a jurisdiction of Canada or a foreign jurisdiction, and
      (ii) in Ontario, is purchasing a security that is not a security of an
      investment fund; 

	 	  	
       

		[ ] 	
      (r) a registered charity under the Income Tax Act
      (Canada) that, in regard to the trade, has obtained advice from an
      eligibility advisor or an advisor registered under the securities
      legislation of the jurisdiction of the registered charity to give advice
      on the securities being traded; 

	 	  	
       

		[ ] 	
      (s) an entity organized in a foreign jurisdiction that is
      analogous to any of the entities referred to in paragraphs (a) to (d) or
      paragraph (i) in form and function; 

	 	  	
       

		[ ] 	
      (t) a person in respect of which all of the owners of
      interests, direct, indirect or beneficial, except the voting securities
      required by law to be owned by directors, are persons that are accredited
      investors; 

	 	  	
       

		[ ] 	
      (u) an investment fund that is advised by a person
      registered as an adviser or a person that is exempt from registration as
      an adviser; or 

	 	  	
       

		[ ] 	
      (v) a person that is recognized or designated by the
      securities regulatory authority or, except in Ontario and Québec, the
      regulator as (i) an accredited investor, or (ii) an exempt purchaser in
      Alberta or British Columbia. 

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 5 -

The Subscriber acknowledges and agrees that the Subscriber may
be required by the Company to provide such additional documentation as may be
reasonably required by the Company and its legal counsel in determining the
Subscriber's eligibility to acquire the Securities under relevant
legislation.

     IN WITNESS WHEREOF, the
undersigned has executed this Questionnaire as of the ___ day of
__________________2010.

	If an Individual: 	 	If a Corporation, Partnership or Other
      Entity: 
	 	 	 
	 	 	 
	Signature 	 	Name of Entity 
	  	 	  
	 	 	 
	Print or Type Name 	 	Signature of Authorized Signatory 
	 	 	 
	 	 	 
	  	 	Print Authorized Signatory name and title
  

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

Attachment “II”

BRITISH COLUMBIA INSTRUMENT 51-509 
CERTIFICATE OF
SHAREHOLDER

In connection with the issuance of common shares (the “Shares”)
of GLOBAL GREEN SOLUTIONS INC., to the undersigned (the “Subscriber”), pursuant
to that certain convertible note (the “Agreement”), the Subscriber hereby
agrees, acknowledges, represents, warrants and undertakes as follows:

1. Pursuant to British Columbia Instrument 51-509 – Issuers
Quoted in the U.S. Over –the-Counter Markets (“BCI 51-509”), as adopted by
the British Columbia Securities Commission, a subsequent trade in the Shares in
or from British Columbia will be a distribution subject to the prospectus and
registration requirements of applicable Canadian securities legislation
(including the British Columbia Securities Act) unless certain conditions
are met, which conditions include, among others, a requirement that any
certificate representing the Shares (or ownership statement issued under a
direct registration system or other book entry system) bear the restrictive
legend (the "BC Legend") specified in BCI 51-509.

2. The Subscriber represents and warrants that the Subscriber
is not a resident of British Columbia and undertakes not to trade or resell any
of the Shares in or from British Columbia unless the trade or resale is made in
accordance with BCI 51.509. The Subscriber understands and agrees that the
Company and others will rely upon the truth and accuracy of these
representations and warranties and agrees that if such representations and
warranties are no longer accurate or have been breached, the Subscriber shall
immediately notify the Company.

3. By executing and delivering this Certificate and as a
consequence of the representations and warranties made by the Subscriber herein,
the Subscriber will have directed the Company not to include the BC Legend on
any certificates representing the Shares to be issued to the Subscriber. As a
consequence, the Subscriber will not be able to rely on the resale provisions of
BCI 51-509, and any subsequent trade in any of the Shares in or from British
Columbia will be a distribution subject to the prospectus and registration
requirements of the British Columbia Securities Act.

4. If the Subscriber wishes to trade or resell any of the
Shares in or from British Columbia, the Subscriber agrees and undertakes to
return, prior to any such trade or resale, any certificate representing the
Shares to the Company’s transfer agent to have the BC Legend imprinted on such
certificate or to instruct the Company’s transfer agent to include the BC Legend
on any ownership statement issued under a direct registration system or other
book entry system.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 2 -

Attachment “II”

BRITISH COLUMBIA INSTRUMENT 51-509 
CERTIFICATE OF
SHAREHOLDER

Signature Page

	If an Individual: 	 	If a Corporation, Partnership or Other
      Entity: 
	 	 	 
	 	 	 
	Signature 	 	Signature of Authorized Signatory 
	 	 	 
	 	 	 
	Print or Type Name 	 	Print or Type Name and Title 
	 	 	 
	 	 	 
	  	 	Name of the Entity 

	 
	Witness Signature 
	 
	 
	Print Name and Address 

	Date: 	 	 

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

US$0.10 UNIT CONVERTIBLE NOTE

PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT

NONE OF THE SECURITIES TO WHICH THIS PRIVATE PLACEMENT
SUBSCRIPTION AGREEMENT (THE “SUBSCRIPTION AGREEMENT”) RELATES HAVE BEEN
REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "1933
ACT"), OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, NONE MAY BE
OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR TO U.S. PERSONS
(AS DEFINED HEREIN) EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION D,
RULE 506 UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A
TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN
EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS.

(OR)

THIS PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (THE
"SUBSCRIPTION AGREEMENT") RELATES TO AN OFFERING OF SECURITIES IN AN OFFSHORE
TRANSACTION TO PERSONS WHO ARE NOT U.S. PERSONS (AS DEFINED HEREIN) PURSUANT TO
REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE
"1933 ACT"). 

NONE OF THE SECURITIES TO WHICH THIS SUBSCRIPTION AGREEMENT
RELATES HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES
LAWS, AND, UNLESS SO REGISTERED, NONE MAY BE OFFERED OR SOLD, DIRECTLY OR
INDIRECTLY, IN THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED HEREIN) EXCEPT
IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT
TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN
AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE
STATE SECURITIES LAWS.

UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF
THE SECURITIES MUST NOT TRADE THE SECURITIES BEFORE THE DATE WHICH IS FOUR
MONTHS FROM THE CLOSING DATE.

(AND, IF APPLICABLE)

UNLESS OTHERWISE PERMITTED UNDER SECURITIES LEGISLATION THE
HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY IN OR FROM BRITISH COLUMBIA
UNLESS THE CONDITIONS IN SECTION 12 (2) OF THE BC INSTRUMENT 51-509 ISSUERS
QUOTED IN THE U.S. OVER THE COUNTER MARKET ARE MET.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 2 -

US$0.10 UNIT CONVERTIBLE NOTE UNIT PRIVATE PLACEMENT
OFFERING

	To: 	GLOBAL GREEN SOLUTIONS INC. (the
      “Company”), with an address for notice and delivery located at
      Suite 1010, 789 West Pender Street, Vancouver, British Columbia, Canada,
      V6C 1H2. 

     The Company is offering
(collectively, the “Offering”), to eligible investors (each such an
investor who subscribes to this Offering by this document is hereinafter
referred to as the “Subscriber”) on a private placement basis,
convertible notes yielding 12% per annum simple interest, not in advance with a
two year term (“Purchased Securities”) convertible into units of securities in
the capital of the Company at US$0.10 per unit (“Conversion Price”) at the
option of the Subscriber. Each unit shall be comprised of one common share and
one share purchase warrant, with each whole warrant (each a “Warrant”)
exercisable into a further common share in the capital of the Issuer at
US$0.25 per share for a two year period from the date of conversion (each a
“Unit”). Interest is payable at the end of term in either cash or common
shares convertible at the Conversion Price. Warrants may be exercised for cash
consideration or on a cashless basis as defined in section 1.3 of this
Agreement. The Company offers, and the Subscriber accepts, the Convertible Note
and the underlying Units on the terms and conditions as set forth in this
subscription agreement (the “Agreement”).

Article 1
SUBSCRIPTION FOR CONVERTIBLE
NOTE

1.1 Subscription for Convertible Note. Based upon
the hereinafter terms, conditions, representations, warranties and covenants
given by each party to the other, the Subscriber hereto hereby irrevocably
subscribes for and agrees to purchase a convertible note as described above, for
aggregate consideration (the “Subscription Price”) as set forth on the
Signature Page/Subscriber Statement at the beginning of this document.

1.2 Acceptance of subscription. The Company, upon
acceptance by its Board of Directors (the “Board”) of all or part of this
subscription Agreement, agrees to issue the convertible note as consideration
for the Subscriber’s subscription, and to refund any excess subscription monies
of the Subscription Price of any non-accepted portion of this subscription
Agreement.

1.3 Warrants and exercise of Warrants. Upon
conversion of the convertible note at US$0.10 per share into one common share
and one whole warrant, the Warrants forming part of the Units will be registered
in the name of the Subscriber and will be non-transferable except in compliance
with the United States Securities Act of 1933, as amended (the “U.S.
Act”), and each such Warrant will entitle the Subscriber to purchase one
additional common share of common stock of the Company (each a “Warrant
Share”), for the period commencing upon the date of issuance of the Units by
the Board and ending at 5:00 p.m. (Vancouver, British Columbia, Canada, time) on
the day which is two years thereafter (such time period being the
“Warrant Exercise Period” herein), at an exercise price of US$0.25 per
Warrant Share (“Purchase Price”) during the Warrant Exercise Period
and by either paying cash or other consideration amicable to the Company, or via
cashless exercise as set out as follows:

     Cashless Exercise

     (a) Warrants may be exercisable
in whole or in part at the option of the Holder either (i) on payment by cash,
wire transfer or by certified or official bank check payable to the order of the
Company equal to the applicable aggregate Purchase Price, or (ii) by cashless
exercise in accordance with Section (b) below or (iii) by a combination of any
of the foregoing methods, for the number of common shares specified in such form
(as such exercise number shall be adjusted to reflect any adjustment in the
total number of common shares issuable to the holder per the terms of the
Warrant) and the holder shall thereupon be entitled to receive the number of
duly authorized, validly issued, fully-paid and non-assessable common shares in
the capital of the Company determined as provided herein.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 3 -

     (b) If the Fair Market Value of
one common share is greater than the Purchase Price (at the date of calculation
as set forth below), in lieu of exercising this Warrant for cash, the holder may
elect to receive common shares equal to the value (as determined below) of this
Warrant (or the portion thereof being cancelled) by surrender of this Warrant at
the principal office of the Company together with the properly endorsed
Subscription Form in which event the Company shall issue to the holder a number
of common shares computed using the following formula:

	 	 	                   	X=Y (A-B) 
	 	 	  	          A 
	 	Where	 X= 	
      the number of common shares to be issued to the holder      

		 	Y= 	
      the number of common shares purchasable under the Warrant
      or, if only a portion of the Warrant is being exercised, the portion of
      the Warrant being exercised 

	 	 	  	
       

		 	A= 	
      the Fair Market Value of one share of the Company’s
      common stock as defined for the purposes of this calculation as the 30 day
      volume weighted average price of the Issuer’s securities preceding the
      date of Conversion as defined herein 

	 	 	  	
       

	 	 	B= 	
       Purchase Price 

     (c) For purposes of Rule 144
promulgated under the 1933 Act, it is intended, understood and acknowledged that
the Warrant Shares issued in a cashless exercise transaction shall be deemed to
have been acquired by the Holder, and the holding period for the Warrant Shares
shall be deemed to have commenced, on the date this Warrant was originally
issued pursuant to the Subscription Agreement.

1.4 Warrant certificates. The terms and
conditions which govern the Warrants will be referred to on the certificates
representing the Warrants in the form attached hereto as Exhibit “A” and will
contain, among other things, anti-dilution provisions and provisions for the
appropriate adjustment in the class, number and price of the Warrant Shares
issuable on the exercise of the Warrants upon the occurrence of certain events
including any subdivision, consolidation or reclassification of the common
shares, the payment of stock dividends and the amalgamation of the Company.

1.5 Other financings. The issue and terms of the
Warrants will not restrict or prevent the Company from obtaining any other
financing or from issuing additional securities or rights during the period
within which the Warrants are exercisable.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 4 -

1.6 Replacement Warrant certificates. If the
Subscriber exercises any Warrants the Company will issue to the Subscriber the
number of Warrant Shares equal to the number of Warrants exercised and deliver
to the Subscriber a certificate representing the Warrant Shares. 

1.7 Subscriber’s eligibility for subscription. The Subscriber
  acknowledges and warrants (and has made diligent inquiries to so determine or
  has the sophistication and knowledge to know the Subscriber’s status without
  concern of error), on which the Company relies, that the Subscriber is
  purchasing the Units on a private basis and without infraction of or impedance
  by his domicile laws due to one or more of the following:

	 	(a) 	
      the Subscriber is an eligible and exempt investor under
      the laws of the Subscriber’s domicile by either being a person who
      complies with exemptions from prospectus requirements or is otherwise
      exempt by virtue of the Subscriber’s wealth, income and investment
      knowledge or capacity; or

	 	 	 
	 	(b) 	
      the Subscriber is subscribing for a value in Units
      constituting an exempt investment under the laws of the Subscriber’s
      domicile; or

	 	 	 
	 	(c) 	
      the Subscriber’s domicile laws do not restrict
      investment; and

	 	 	 
	 	(d) 	
      where the Subscriber has completed the appropriate
      portions of this Agreement and its related Appendices and the completion
      of the same, whether signed or not, constitute a true and accurate
      statement by the Subscriber.

     For the purposes of this
Agreement it is hereby acknowledged and agreed that “Securities” is
hereinafter collectively defined to mean the Units, the Shares, the Warrants and
the Warrant Shares.

1.8 Risks of subscription. The Subscriber
acknowledges that no party independent of the Company has made or will make any
opinion or representations on the merits or risks of an investment in any of the
Securities unless sought out by the Subscriber; which the Subscriber is
encouraged to do. The Subscriber is aware that this investment is a speculative
and risky investment, the Subscriber warrants that it could tolerate the full
loss of the investment without significant or material impact on the
Subscriber’s financial condition.

Article 2
METHOD OF SUBSCRIPTION AND
ACCEPTANCE BY THE COMPANY

2.1 Method of subscription. It is hereby
acknowledged and agreed by the parties hereto that any subscription for Units
shall be made by the Subscriber:

	 	(a) 	
      by faxing to the Company at (604) 637-3111 a completed
      and executed copy of this Agreement together with all applicable
      Appendices hereto; and

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 5 -

	 	(b) 	
      by delivering to the Company, at Suite 1010, 789 West
      Pender Street, Vancouver, British Columbia, Canada, V6C 1H2, an originally
      executed and completed copy of this Agreement via courier and all
      applicable Appendices hereto together with payment for the exact
      Subscription Price for such Units in the following manner:

	 	 	 	 	 
	 		(i) 	
      by delivery:

	 	 	 	 	 
	 			(A) 	
      to the Company, at its above address, of a bank draft,
      money order or cashier’s cheque for the exact Subscription Price for the
      Units made payable to the Company; or

	 	 	 	 	 
	 		(ii) 	
      by wire transfer to the Company’s Account of the exact
      Subscription Price for the Units to the following wiring
    instructions:

INFORMATION FOR WIRING FUNDS TO GLOBAL GREEN SOLUTIONS
INC.

	BENEFICIARY’S BANK: 	BANK OF MONTREAL 	  
	     	595 BURRARD STREET 	     
	     	VANCOUVER, BRITISH COLUMBIA 
	     	CANADA 	  	     
	  	  	  	  
	     	U.S. ACCOUNT
      NO.: 	4604-198 
	     	SWIFT BIC
      ADDRESS: 	BOFMCAM2 
	     	TRANSIT NO.: 	0004  
	  	  	  	  
	INTERMEDIARY BANK, IF REQUIRED 	WACHOVIA BANK, NA 
	SWIFT CODE 	PNBPUS3NNYC 
	ABA NUMBER 	026005092 	     
	Funds wired within Canada do not need to be routed
      through the Intermediary bank. 
	  	  	  	  
	BENEFICIARY : 	Global Green
      Solutions Inc.    
	     	789 West Pender Street, Suite 1010 
		Vancouver, B.C. V6C 1H2 
	  	  	  	  
	Contact Monita Faris 	  	  	     
	604-606-7977 	  	  	     
	  	  	  	  
	Please include information with the
wire, referencing the Convertible Note 

2.2 Acceptance of subscription or return of Subscription
Price by the Company. The Subscriber acknowledges that the Company will
be accepting subscriptions for Units on a first come, first served, basis. As a
consequence the Company, upon acceptance by its Board of all or part of this
subscription Agreement (the “Acceptance”), hereby agrees to issue the
accepted number of Units, as fully paid and non-assessable, and as consideration
for the Subscriber’s subscription, and to promptly refund any excess
subscription monies of the Subscription Price of any non-accepted portion of
this subscription Agreement. In this regard the Subscriber acknowledges that,
although Units may be issued to other subscribers concurrently with the Company’s Acceptance of all or part of this subscription
Agreement, there may be other sales of Units by the Company, some or all of
which may close before or after the Acceptance herein. The Subscriber further
acknowledges that there is a risk that insufficient funds may be raised by the
Company upon the Company’s Acceptance of all or part of this subscription
Agreement to fund the Company’s objectives and that further closings may not
take place after Acceptance herein.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 6 -

2.3 Use of funds before and after Acceptance. The
Company agrees that the Subscription Price will be held by the Company or by the
Company’s Counsel for the benefit of the Subscriber to reserve the Subscriber’s
subscription and, prior to Acceptance, such funds shall not be considered a loan
and shall not bear interest but shall constitute solely a reservation of
subscription. The Subscriber shall not demand return of its Subscription Price
monies unless the Units have not been issued for a period in excess of 15
calendar days from the date of this subscription and such demand may be
fulfilled by Acceptance and delivery of subscribed Units or return of funds at
the Company’s sole and absolute discretion. The Subscriber acknowledges that the
funds to be raised from all Units are to be employed for the business of the
Company in accordance with management’s determination as to the best use of the
same for the Company’s business plans. Notwithstanding any disclosure document
or offering memorandum or prospectus provided concurrent with this subscription,
the Company reserves the right at any time to alter its business plans in
accordance with management’s appreciation of the market for the goods and
services of the Company and the best use of the Company’s funds to advance its
business, whether present or future.

2.4. Securities issued at different prices and
characteristics. Although the Company represents and warrants that it
has no current plans to issue any Securities at the present time other than in
connection with this Offering, the Subscriber acknowledges that the Company
will, in the future, issue its securities at different prices which may occur
sequentially, from time-to-time, or at the same time and prices in the future
may be lower than now. The Company will also issue offerings which have
warrants, or other benefits, attached and some offerings which do not. Not all
subscribers will receive common shares, or other share classes, of the Company
at the same price and such may be issued at vastly different prices to that of
the Subscriber. For example, however, without limitation, the Company will or
may issue securities for developmental assets (which cannot be valued and so may
be assigned a nominal value on the Company’s books) or for services or to
attract expertise or management talent or other circumstances considered
advisable by the Board. Such issuance at different prices are made by the Board
in its judgment as to typical structuring for a company such as the Company, to
incentivise, reward and to provide a measure of developmental control, to
acquire assets or services which the Board considers necessary or advisable for
the Company’s development and success and other such considerations in the
Board’s judgment. The Company may or will acquire debt and/or equity financings
in the future required or advisable, as determined by the Board, in the course
of the Company’s business development. The Subscriber acknowledges these matters
and understands that the Subscriber’s investment is not necessarily the most
advantageous investment in the Company.

2.5 Delivery of Convertible Note, and share and Warrant
certificates upon Conversion. The Company, promptly
after the Acceptance by its Board of all or part of this subscription Agreement,
agrees to deliver to the Subscriber a Convertible Note as described hereinfor
under this Subscription Agreement. Upon Conversion, the Company agrees to
provide the converted number of common Shares and Warrants to the Subscriber
within ten calendar days of such notice of conversion.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 7 -

Article 3
INVESTMENT SUBSCRIPTION TERMS,
CORPORATE DISCLOSURE AND 
GENERAL SUBSCRIBER
ACKNOWLEDGEMENTS AND WARRANTIES

3.1 Description of the Units. The Company is
issuing Convertible Notes convertible into Units of securities in the capital of
the Issuer at a price of US$0.10 per Unit. The Shares forming part of the Units,
together with the Warrant Shares which are issuable upon conversion of the note
at US$0.10 per unit into one common share and one whole share purchase warrant
and such Warrants upon exercise, are a part of the common shares of the Company
presently authorized. Copies of the constating documents of the Company
describing the common shares and the rights of shareholders are available upon
request.

3.2 Indemnity. The Subscriber shall hold harmless
and indemnify the Company from and against, and shall compensate and reimburse
the same for, any loss, damage, claim, liability, fee (including reasonable
attorneys’ fees), demand, cost or expense (regardless of whether or not such
loss, damage, claim, liability, fee, demand, cost or expense relates to a
third-party claim) that is directly or indirectly suffered or incurred by the
Company, or to which the Company becomes subject, and that arises directly or
indirectly from, or relates directly or indirectly to, any inaccuracy in or
breach of any representation, warranty, covenant or obligation of the Subscriber
contained in this Agreement.

3.3 The Subscriber’s understandings and
acknowledgments. The Subscriber hereby acknowledges and agrees that:

	 	(a) 	
      Further financings: although the Company has no
      current plans to issue any Securities at the present time other than in
      connection with this Offering, the Company may issue further offerings in
      the future similar to the within Offering which may be at higher or lower
      prices (as determined by the Company in accordance with its appreciation
      of market conditions). The Company may, and will, acquire debt and/or
      equity financings in the future required or advisable in the course of the
      Company’s business development;

	 	 	 
	 	(b) 	
      Withdrawal or revocation: this Agreement is given
      for valuable consideration and shall not be withdrawn or revoked by the
      Subscriber once tendered to the Company with the Subscription
  Price;

	 	 	 
	 	(c) 	
      Agreement to be bound: the Subscriber hereby
      specifically agrees to be bound by the terms of this Agreement as to all
      particulars hereof and hereby reaffirms the acknowledgments,
      representations and powers as set forth in this Agreement;

	 	 	 
	 	(d) 	
      Reliance on Subscriber’s representations: the
      Subscriber understands that the Company will rely on the acknowledgments,
      representations and covenants of the Subscriber contained herein in
      determining whether a sale of the Units to the Subscriber is in compliance
      with applicable securities laws. The Subscriber warrants that all
      acknowledgments, representations and covenants are true and accurate;
      and

	 	 	 
	 	(e) 	
      Waiver of pre-emptive rights: the Subscriber
      hereby grants, conveys and vests unto the President of the Company, or
      unto such other nominee or nominees of the President of the Company as the
      President of the Company may determine, from time to time, in the
      President’s sole and absolute discretion, as the Subscriber’s power of
      attorney solely for the purpose of waiving any prior or pre- emptive
      rights which the Subscriber may have to further issues of equity by the
      Company under applicable corporate and securities
laws.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 8 -

3.4 The Subscriber’s representations and
warranties. The Subscriber hereby represents and warrants that:

	 	(a) 	
      No registration and sales under Regulation S: if
      the Subscriber is not a resident of the United States: (i) the Subscriber
      acknowledges that the Securities have not been registered under the U.S.
      Act; (ii) the Subscriber agrees to resell the Securities only in
      accordance with the provisions of Regulation S, pursuant to a registration
      under the U.S. Act or pursuant to an available exemption from such
      registration, and that hedging transactions involving the Securities may
      not be conducted unless in compliance with the U.S. Act; (iii) the
      Subscriber understands that any certificate representing the Securities
      may bear a legend setting forth the foregoing restrictions; and (iv) the
      Subscriber understands that the Securities are restricted within the
      meaning of “Rule 144” promulgated under the U.S. Act; that the
      exemption from registration under Rule 144 will not be available in any
      event for at least six months from the date of purchase and payment of the
      Securities by the Subscriber, and even then will not be available unless
      (i) a public trading market then exists for the common stock of the
      Company, (ii) adequate information concerning the Company is then
      available to the public and (iii) other terms and conditions of Rule 144
      are complied with; and that any sale of the Securities may be made by the
      Subscriber only in limited amounts in accordance with such terms and
      conditions;

	 	 	 	 
	 	(b) 	
      No U.S. beneficial interest: if the Subscriber is
      not a resident of the United States, no U.S. Person, either directly or
      indirectly, has any beneficial interest in any of the Securities acquired
      by the Subscriber hereunder, nor does the Subscriber have any agreement or
      understanding (written or oral) with any U.S. Person respecting:

	 	 	 	 
	 		(i) 	
      the transfer or any assignment of any rights or interest
      in any of the Securities;

	 	 	 	 
	 		(ii) 	
      the division of profits, losses, fees, commissions or any
      financial stake in connection with this subscription; or

	 	 	 	 
	 		(iii) 	
      the voting of the Securities;

	 	 	 	 
	 	(c) 	
      Experience: the Subscriber has the requisite
      knowledge and experience in financial and business matters for properly
      evaluating the risks of an investment in the Company;

	 	 	 	 
	 	(d) 	
      Information: the Subscriber has received all
      information regarding the Company reasonably requested by the
      Subscriber;

	 	 	 	 
	 	(e) 	
      Risk: the Subscriber understands that an
      investment in the Company involves certain risks of which the Subscriber
      has taken full cognizance, and which risks the Subscriber fully
      understands;

	 	 	 	 
	 	(f) 	
      Fees: The Subscriber acknowledges and agrees that
      the Company may pay to finders that introduce subscribers to the Company,
      a finder's fee as may be negotiated by the parties to this
    Agreement;

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 9 -

	 	(g) 	
      Adequacy of information: the Subscriber has been
      given the opportunity to ask questions of, and to receive answers from,
      the Company concerning the terms and conditions of the Offering and to
      obtain additional information necessary to verify the accuracy of the
      information contained in the information described in paragraph (e) above,
      or such other information as the Subscriber desired in order to evaluate
      an investment in the Company;

	 	 	 	 
	 	(h) 	
      Residency: the residence of the Subscriber as set
      forth hereinbelow is the true and correct residence of the Subscriber and
      the Subscriber has no present intention of becoming a resident or
      domiciliary of any other jurisdiction;

	 	 	 	 
	 	(i) 	
      Independent investigation: in making a decision to
      invest in the Company the Subscriber has relied solely upon independent
      investigations made by the Subscriber;

	 	 	 	 
	 	(j) 	
      Principal: the Subscriber is purchasing the Units
      as principal for the Subscriber’s own account and not for the benefit of
      any other person, except as otherwise stated herein, and not with a view
      to the resale or distribution of all or any of the Units;

	 	 	 	 
	 	(k) 	
      Decision to purchase: the decision of the
      Subscriber to enter into this Agreement and to purchase Units pursuant
      hereto has been based only on the representations of this Agreement. It is
      not made on other information relating to the Company and not upon any
      oral representation as to fact or otherwise made by or on behalf of the
      Company or any other person. The Subscriber agrees that the Company
      assumes no responsibility or liability of any nature whatsoever for the
      accuracy, adequacy or completeness of any business plan information which
      has been created based upon the Company’s management experience. In
      particular, and without limiting the generality of the foregoing, the
      decision to subscribe for Units has not been influenced by:

	 	 	 	 
	 		(i) 	
      newspaper, magazine or other media articles or reports
      related to the Company or its business;

	 	 	 	 
	 		(ii) 	
      promotional literature or other materials used by the
      Company for sales or marketing purposes; or

	 	 	 	 
	 		(iii) 	
      any representations, oral or otherwise, that the Company
      will become a listed company, that any of the Securities will be
      repurchased or have any guaranteed future realizable value or that there
      is any certainty as to the success of the Company or the liquidity or
      value of any of the Securities;

	 	 	 	 
	 	(l) 	
      Advertisements: the Subscriber acknowledges that
      the Subscriber has not purchased Units as a result of any general
      solicitation or general advertising, including advertisements, articles,
      notices or other communications published in any newspaper, magazine or
      similar media or broadcast over radio or television, or any seminar or
      meeting whose attendees have been invited by general solicitation or
      general advertising;

	 	 	 	 
	 	(m) 	
      Information not received: the Subscriber has not
      received, nor has the Subscriber requested, nor does the Subscriber have
      any need to receive, any offering memorandum or any other document (other
      than financial statements or any other document the content of which is
      prescribed by statute or regulation) describing the business and affairs
      of the Company which has been prepared for delivery
to, and review by, prospective subscribers in order to assist
      them in making an investment decision in respect of the Units, and the
      Subscriber has not become aware of any advertisement in printed media of
      general and regular paid circulation, radio or television with respect to
    the distribution of the Units;

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 10 -

	 	(n) 	
      Information received: the Subscriber has had
      access to such additional information, if any, concerning the Company as
      the Subscriber has considered necessary in connection with the
      Subscriber’s investment decision to acquire the Units;

	 	 	 	 
	 	(o) 	
      Satisfaction with information received: the
      Subscriber acknowledges that, to the Subscriber’s satisfaction:

	 	 	 	 
	 		(i) 	
      the Subscriber has either had access to or has been
      furnished with sufficient information regarding the Company and the terms
      of this investment transaction to the Subscriber’s satisfaction;

	 	 	 	 
	 		(ii) 	
      the Subscriber has been provided the opportunity to ask
      questions concerning this investment transaction and the terms and
      conditions thereof and all such questions have been answered to the
      Subscriber’s satisfaction; and

	 	 	 	 
	 		(iii) 	
      the Subscriber has been given ready access to and an
      opportunity to review any information, oral or written, that the
      Subscriber has requested concurrent with or as a part of this
      Agreement;

	 	 	 	 
	 	(p) 	
      Economic risk: the Subscriber has such knowledge
      and experience in financial and business affairs as to be capable of
      evaluating the merits and risks of the Subscriber’s investment in and to
      the Securities, and the Subscriber is able to bear the economic risk of a
      total loss of the Subscriber’s investment in and to any of the
      Securities;

	 	 	 	 
	 	(q) 	
      Speculative investment: the Subscriber understands
      that an investment in the Securities is a speculative investment and that
      there is no guarantee of success of the Company’s management’s plans.
      Management’s plans are an effort to apply present knowledge and experience
      to project a future course of action which is hoped will result in
      financial success employing the Company’s assets and with the present
      level of management’s skills and of those whom the Company will need to
      attract (which cannot be assured). Additionally, all plans are capable of
      being frustrated by new or unrecognized or unappreciated present or future
      circumstances which can typically not be accurately, or at all,
      predicted;

	 	 	 	 
	 	(r) 	
      Address: the Subscriber is resident as set out on
      the last page of this Agreement as the “Subscriber’s Address”, and the
      address as set forth on the last page of this Agreement is the true and
      correct address of the Subscriber;

	 	 	 	 
	 	(s) 	
      Risk and resale restriction: the Subscriber is
      aware of the risks and other characteristics of the Securities and of the
      fact that the Subscriber will not be able to resell the Securities except
      in accordance with the applicable securities legislation and regulatory
      policy;

	 	 	 	 
	 	(t) 	
      Representations as to resale: no person has made
      to the Subscriber any written or oral
representations:

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 11 -

	 	(i) 	
      that any person will resell or repurchase any of the
      Securities;

	 	 	 
	 	(ii) 	
      that any person will refund the purchase of any of the
      Securities;

	 	 	 
	 	(iii) 	
      as to the future price or value of any of the Securities;
      or

	 	 	 
	 	(iv) 	
      that any of the Securities will be listed and posted for
      trading on any stock exchange, over-the-counter or bulletin board market,
      or that application has been made to list and post any of the Securities
      for trading on any stock exchange, over-the-counter or bulletin board
      market; and

	 		
      the Subscriber will not resell any of the Securities
      except in accordance with the provisions of applicable securities
      legislation and stock exchange, over-the- counter and/or bulletin board
      market rules;

	 	 	 
	 	(u) 	
      Reports and undertakings: if required by
      applicable securities legislation, policy or order or by any securities
      commission, stock exchange or other regulatory authority, the Subscriber
      will execute and otherwise assist the Company in filing such reports,
      undertakings and other documents as may be reasonably required with
      respect to the issue of the Units;

	 	 	 
	 	(v) 	
      Resale restrictions: the Subscriber has been
      independently advised as to the applicable hold period imposed in respect
      of the Securities by securities legislation in the jurisdiction in which
      the Subscriber’s resides and confirms that no representation has been made
      respecting the applicable hold periods for the Securities and is aware of
      the risks and other characteristics of the Securities and of the fact that
      the Subscriber may not be able to resell the Securities except in
      accordance with the applicable securities legislation and regulatory
      policy;

	 	 	 
	 	(w) 	
      Age of majority: the Subscriber, if an individual,
      has attained the age of majority and is legally competent to execute this
      Agreement and to take all actions required pursuant hereto;

	 	 	 
	 	(x) 	
      Authorization and formation of Subscriber: the
      Subscriber, if a corporation, partnership, trust or other form of business
      entity, is authorized and otherwise duly qualified to purchase and hold
      the Securities, and such entity has not been formed for the specific
      purpose of acquiring Securities in this issue. If the Subscriber is one of
      the aforementioned entities it hereby agrees that, upon request of the
      Company, it will supply the Company with any additional written
      information that may be requested by the Company. In addition, the
      entering into of this Agreement and the transactions contemplated hereby
      will not result in the violation of any of the terms of and provisions of
      any law applicable to, or the constating documents, if a corporation, of,
      the Subscriber or of any agreement, written or oral, to which the
      Subscriber may be a party or by which the Subscriber may be
  bound;

	 	 	 
	 	(y) 	
      Legal obligation: this Agreement has been duly and
      validly authorized, executed and delivered by and constitutes a legal,
      valid, binding and enforceable obligation of the Subscriber;

	 	 	 
	 	(z) 	
      Legal and tax consequences: the Subscriber
      acknowledges that an investment in the Securities of the Company may have
      tax consequences to the Subscriber under applicable law, which the
      Subscriber is solely responsible for determining, and
the Subscriber also acknowledges and agrees that the
    Subscriber is responsible for obtaining its own legal and tax advice;    

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 12 -

		(aa) 	
      Compliance with applicable laws: the Subscriber
      knows of no reason (and is sufficiently knowledgeable to determine the
      same or has sought legal advice) why the delivery of this Agreement, the
      acceptance of it by the Company and the issuance of the Units to the
      Subscriber will not comply with all applicable laws of the Subscriber’s
      jurisdiction of residence or domicile, and all other applicable laws, and
      the Subscriber has no reason to believe that the Subscriber’s subscription
      hereby will cause the Company to become subject to or required to comply
      with any disclosure, prospectus or reporting requirements or to be subject
      to any civil or regulatory review or proceeding. In addition, the
      Subscriber will comply with all applicable securities laws and will assist
      the Company in all reasonable manner to comply with all applicable
      securities laws; 

	 	  	
       
	
       
	
       

		(ab) 	
      Encumbrance or transfer of Securities: while the
      Company is a non-reporting company in Canada, the Subscriber will not
      sell, assign, gift, pledge or encumber in any manner whatsoever any of the
      Securities herein subscribed for in Canada without the prior written
      consent of the Company and in accordance with applicable securities
      legislation; 

	 	  	
       
	
       
	
       

		(ac) 	
      Regulation S: if the Subscriber is not a resident
      of the United States, the Subscriber further represents and warrants that
      the Subscriber was not specifically formed to acquire any of the
      Securities subscribed for in this Agreement in violation of the provisions
      of Regulation S; 

	 	  	
       
	
       
	
       

		(ad) 	
      Finders’ fees: the Subscriber has not retained,
      employed or introduced any broker, finder or other person who would be
      entitled to a brokerage commission or finder’s fee arising out of the
      transactions contemplated hereby; 

	 	  	
       
	
       
	
       

		(ae) 	
      Additional Subscriber acknowledgements: the
      Subscriber also acknowledges (on its own behalf and, if applicable, on
      behalf of those for whom the Subscriber is contracting hereunder) as set
      forth below: 

	 	  	
       
	
       
	
       

			
      (i) 
	
      it has been furnished with all information, financial and
      otherwise, concerning the business, affairs and financial position of the
      Company necessary to make an informed decision to purchase the Units and
      the Subscriber agrees that such information has not been furnished
      pursuant to any form of written material which is, or may be construed as,
      an offering memorandum as that term is defined in the securities
      legislation of any Province of Canada or any State of the United States,
      the securities legislation in the jurisdictions in which the Company is
      incorporated and conducts business and the securities legislation in the
      jurisdiction in which the Subscriber is resident (collectively, the
      “Applicable Securities Legislation” herein) as such
      legislation is from time to time amended, and the regulations and rules
      prescribed thereto; 

	 	  	
       
	
       
	
       

			
      (ii) 
	
      the issue of the Units will be made pursuant to
      exemptions from the registration and prospectus requirements of the
      Applicable Securities Legislation and therefore: 

	 	  	
       
	
       
	
       

				
      (A) 
	
      the Subscriber may be restricted from using certain of
      the civil remedies available under such legislation and certain
      protections, rights and remedies provided in such legislation, including      statutory rights of rescission or damages, may not be
      available to the Subscriber;

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 13 -

	 		(B) 	
      the Subscriber may not receive information that might
      otherwise be required to be provided to the Subscriber under such
      legislation;

	 	 	 	 
	 		(C) 	
      the Company may be relieved from certain obligations that
      would otherwise apply under such legislation;

	 	 	 	 
	 		(D) 	
      no securities commission or similar regulatory authority
      has reviewed or passed on the merits of the Securities;

	 	 	 	 
	 		(E) 	
      there is no government or other insurance covering the
      Securities; and

	 	 	 	 
	 		(F) 	
      there are risks associated with the purchase of the
      Securities;

	 	 	 	 
	 	(iii) 	
      no prospectus has been filed by the Company with any
      regulatory authority in connection with the issuance of the Securities and
      the Company has already issued or may issue units or shares for
      significantly lesser consideration per unit or share than is being paid by
      the Subscriber for Units hereunder;

	 	 	 	 
	 	(iv) 	
      any Subscription Price monies paid by the Subscriber for
      the Units are not subject to any restrictions pertaining to the use
      thereof by the Company and may be used immediately by the Company upon the
      Company’s Acceptance;

	 	 	 	 
	 	(v) 	
      this subscription forms part of a larger Offering and is
      subject only to the Company’s Acceptance of this subscription Agreement
      and the Subscription Price therefore;

	 	 	 	 
	 	(vi) 	
      the sale and delivery of the Units to the Subscriber or
      to any subscriber on whose behalf the Subscriber is contracting is
      conditional upon such sale being exempt from the requirement to file a
      prospectus or to prepare and deliver an offering memorandum under any
      applicable legislation relating to the sale of the Units or upon the
      issuance of such orders, consents or approvals as may be required to
      permit such sale without the requirement of filing a prospectus or
      preparing and delivering an offering memorandum;

	 	 	 	 
	 	(vii) 	
      the Company may be required to provide applicable
      securities regulatory authorities with a list setting forth the identities
      of the beneficial purchasers of the Units and the Subscriber acknowledges
      and agrees that the Subscriber will provide, on request, particulars as to
      the identity of such beneficial purchasers as may be required by the
      Company in order to comply with the foregoing; and

	 	 	 	 
	 	(viii) 	
      the Subscriber (or others for whom the Subscriber is
      contracting hereunder) has been advised to consult its own legal advisors
      with respect to the merits and risks of an investment in the Securities
      and with respect to applicable resale restrictions and the Subscriber (or
      others for whom the Subscriber is contracting hereunder) is solely
      responsible, and the Company is not in any way responsible,
for compliance with applicable resale restrictions;

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 14 -

	 	(af) 	
      Additional Subscriber representations and
      warranties under Applicable Securities Legislation: if the Subscriber is not a
      resident of the United States, the Subscriber further
      represents and warrants to the Company and acknowledges and agrees that the Company will also rely upon the following
      representations and warranties in determining whether
    or not to accept this subscription under all Applicable Securities Legislation: 

	 	  	
      
	
      
	
      
	
      

	 	 	
    (i) 
	
      the Subscriber is purchasing the Units as
      principal for its own account, not for the benefit of
      any other person and not with a view to the resale or distribution of all or any of the Units and, by signing and
      returning the attached Attachment “I” –
      “Subscriber’s Certificate”, certifies that it {please circle at least one of the following categories and
      complete the missing information as
    appropriate}: 

	 	  	
      
	
      
	
      
	
      

	 	 	
     
	
    (A) 
	
      is resident in one of the Provinces of
      British Columbia, Alberta, Saskatchewan, Manitoba,
      Quebec, Prince Edward Island, Nova Scotia, New
      Brunswick, Newfoundland and Labrador, the Northwest
    Territories or the Yukon and is a director, senior officer or control person of the Company, or of an affiliate of the      Company; or 

	 	  	
      
	
      
	
      
	
      

	 	 	
     
	
    (B) 
	
      is resident in one of the Provinces of
      British Columbia, Alberta, Saskatchewan, Manitoba,
      Quebec, Prince Edward Island, Nova Scotia, New
      Brunswick, Newfoundland and Labrador, the Northwest
      Territories or the Yukon and is a spouse, parent, grandparent, brother, sister or child of __________________________ {insert name}, a director, senior officer or control person
    of the Company, or of an affiliate of the Company; or      

	 	  	
      
	
      
	
      
	
      

	 	 	
     
	
    (C) 
	
      is resident in one of the Provinces of
      British Columbia, Alberta, Saskatchewan, Manitoba,
      Quebec, Prince Edward Island, Nova Scotia, New
      Brunswick, Newfoundland and Labrador, the Northwest
      Territories or the Yukon and is a close personal friend of __________________________ {insert name}, a director, senior      officer or control person of the Company, or of an
    affiliate of the Company; or 

	 	  	
      
	
      
	
      
	
      

	 	 	
     
	
    (D) 
	
      is resident in one of the Provinces of
      British Columbia, Alberta, Saskatchewan, Manitoba,
      Quebec, Prince Edward Island, Nova Scotia, New
      Brunswick, Newfoundland and Labrador, the Northwest
      Territories or the Yukon and is a close business associate of __________________________ {insert name}, a director,      senior officer or control person of the Company, or of
    an affiliate of the Company; or 

	 	  	
      
	
      
	
      
	
      

	 	 	
     
	
    (E) 
	
      is resident in one of the Provinces of
      British Columbia, Alberta, Saskatchewan, Manitoba,
      Quebec, Prince Edward Island, Nova Scotia, New
      Brunswick, Newfoundland and Labrador, the Northwest
Territories or the Yukon and is a founder of the Company; or 

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 15 -

	 	(F) 	
      is resident in one of the Provinces of British Columbia,
      Alberta, Saskatchewan, Manitoba, Quebec, Prince Edward Island, Nova
      Scotia, New Brunswick, Newfoundland and Labrador, the Northwest
      Territories or the Yukon and is a parent, grandparent, brother, sister,
      child, spouse, close personal friend or close business associate of
    __________________________ {insert name}, a founder of the Company; or

	 	 	 	 
	 	(G) 	
      is a person or company that is wholly-owned by, or a
      majority of its board of directors is comprised of, any combination of
      persons or companies described in §3.4(af)(i)(A) to §3.4(af)(i)(F)
      hereinabove; or

	 	 	 	 
	 	(H) 	
      is a trust or estate of which all of the beneficiaries or
      a majority of the trustees are persons or companies described in
      §3.4(af)(i)(A) to §3.4(af)(i)(F) hereinabove; or

	 	 	 	 
		(I) 	
      is resident in the Province of Ontario and is a founder
      of the Company, or an affiliate of __________________________ {insert name}, a founder of the
    Company; or

	 	 	 	 
	 	(J) 	
      is resident in the Province of Ontario and is a spouse,
      parent, brother, sister, grandparent or child of __________________________ {insert name}, an
    executive officer, director or founder of the Company; or

	 	 	 	 
	 	(K) 	
      is resident in the Province of Ontario and is a control
      person of the Company; or

	 	 	 	 
	 	(L) 	
      is an “accredited investor” as defined in National
      Instrument 45- 106 – Prospectus and Registration Exemptions (“NI
      45-106”); or

	 	 	 	 
	 	(M) 	
      is an employee, executive officer, director or consultant
      as defined in NI 45-106 of the Company, of a related entity of the Company
      or of a permitted assign of one of those persons and the purchase of the
      Units is voluntary; or

	 	 	 	 
	 	(N) 	
      is resident in an “International Jurisdiction”
      (being a jurisdiction outside of Canada and the United States)
  and:

	 	 	 	 
			
      (I) 
	the Subscriber is knowledgeable of, or has been independently advised
      as to, the Applicable Securities Legislation of such International
      Jurisdiction which would apply to this Agreement;
	 	 	 	 
	 		(II)	
       the Subscriber is purchasing the Units pursuant to
      an applicable exemption from any prospectus, registration or similar
      requirements under the Applicable Securities Legislation of such
      International Jurisdiction, or, if such is not applicable, the Subscriber
      is permitted to purchase the Units under the Applicable Securities
      Legislation of the International Jurisdiction without the need to rely on
      exemptions; and

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 16 -

	 	(III) 	
      the Applicable Securities Legislation of the
      International Jurisdiction do not require the Company to make any filings
      or seek any approvals of any kind whatsoever from any regulatory authority
      of any kind whatsoever in the International
Jurisdiction;

			(ii) 	
      the Subscriber has not relied upon the Company or its
      directors and officers, or the Company’s Counsel or advisors, for
      investment, legal or tax advice, including advice with respect to the hold
      period and resale restrictions imposed upon the Securities by the
      securities legislation in the jurisdiction in which the Subscriber
      resides, and has, if desired, in all cases sought the advice of the
      Subscriber’s own personal investment advisor, legal counsel and tax
      advisors, and the Subscriber is either experienced in or knowledgeable
      with regard to the affairs of the Company or, either alone or with its
      professional advisors, is capable by reason of knowledge and experience in
      financial and business matters in general, and investments in particular,
      of evaluating the merits and risks of an investment in the Securities, and
      it is able to bear the economic risk of an investment in the Securities
      and can otherwise be reasonably assumed to have the capacity to protect
    its own interest in connection with the investment; and 

	 	  	  	
     

			(iii) 	
      the Subscriber understands and acknowledges that the
      Company is not currently a reporting issuer or reporting company in every
      applicable jurisdiction and as a result the hold period to which the
      Securities are subject may be indefinite in certain jurisdictions in which
      the Securities are issued until the Company becomes a reporting issuer or
      reporting company in such jurisdiction. The Subscriber further understands
      that the certificates representing the Securities will bear a legend
      describing the resale restrictions and the Subscriber agrees to comply
    with such resale restrictions; and 

	 	  	  	
     

		(ag) 	
      Additional Subscriber covenants and agreements:
      the Subscriber further covenants and agrees that the Company will also
      rely upon the following covenants and agreements in determining whether or
      not to accept this subscription under all Applicable Securities
    Legislation: 

	 	  	  	
     

			(i) 	
      the Subscriber acknowledges and consents to the
      collection and retention by the Company of certain information, including
      personal information, regarding the Subscriber and the Subscriber’s
      subscription, including the Subscriber’s name, address, telephone number
      and e-mail address, the number of Securities purchased and any control
      persons of the Subscriber. The Subscriber acknowledges and agrees that
      this information will be retained on the share register of the Company
      which may be available for inspection by the public. The Subscriber
      further consents and agrees to the release of this information to the
      securities regulatory authorities as required by law and regulatory
    policies; and 

	 	  	  	
     

			(ii) 	
      the Subscriber agrees that this Agreement will in no way
      restrict the Company from obtaining further funds through the sale of
equity securities of the Company or otherwise. 

3.5 Company Confidential Information. The
Subscriber acknowledges that the Company is presently engaged in the development
and marketing of ecotechnologies that produce sustainable renewable energy.  The Subscriber recognizes
the importance of protecting the Company’s trade secrets, confidential
information and other proprietary information and related rights acquired
through the Company’s expenditure of time, effort and money. Therefore, in
consideration of the Company permitting the Subscriber to submit this
subscription and have access to Company information and/or Company confidential
information otherwise coming to the Subscriber, the Subscriber agrees to be
bound by the following terms and conditions:

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 17 -

	 	(a) 	
      Definitions: for all purposes of this Agreement,
      except as otherwise expressly provided or unless the context otherwise
      requires, the following words and phrases shall have the following
      meanings:

	 	 	 	 	 
	 		(i) 	
      “Confidential Information” includes any of the
      following:

	 	 	 	 	 
	 			(A) 	
      any and all versions of the trade names, trade-mark,
      business plans, products, software, all Developments (as defined below)
      and all other matters owned or marketed by the Company;

	 	 	 	 	 
	 			(B) 	
      information regarding the Company’s business operation,
      methods and practices, including marketing strategies, product pricing,
      margins and hourly rates for staff and information regarding the financial
      affairs of the Company;

	 	 	 	 	 
	 			(C) 	
      the names of the Company’s clients and the names of the
      suppliers to the Company, and the nature of the Company’s relationships
      with these clients and suppliers; and

	 	 	 	 	 
	 			(D) 	
      any other trade secret or confidential or proprietary
      information in the possession or control of the Company;

	 	 	 	 	 
	 			
      however, Confidential Information does not include
      information which is or becomes generally available to the public without
      the Subscriber’s fault; and

	 	 	 	 	 
	 		(ii) 	
      “Developments” include all the following related
      to the products or business of the Company:

	 	 	 	 	 
	 			(A) 	
      copyright works, software, documentation, data, designs,
      scripts, photographs, music, reports, flowcharts, trade-marks,
      specifications, source codes, product designs or formula and any related
      works, including any enhancements, modifications or additions to the
      products owned, marketed or used by the Company; and

	 	 	 	 	 
	 			(B) 	
      inventions, devices, discoveries, concepts, ideas,
      algorithms, formulae, know-how, processes, techniques, systems and
      improvements, whether patentable or not;

	 	 	 	 	 
	 			
      developed, created, acquired, generated or reduced to
        practice by the Company or any person by or for the Company, including the
    Subscriber;

	 	 	 	 	 
	 	(b) 	
      Maintaining confidentiality: at all times the
      Subscriber shall keep in strictest confidence and trust the Confidential
      Information. The Subscriber shall take all necessary precautions against
      unauthorized disclosure of the Confidential Information, and, except as
      required by applicable law, judicial process or regulatory investigation, the Subscriber shall not,
      directly or indirectly disclose, allow access to, transmit or transfer the
      Confidential Information to a third party, nor shall the Subscriber use,
      copy or reproduce the Confidential Information except as may be reasonably
      required for the Subscriber with the permission of the Company;

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 18 -

	 	(c) 	
      Return of Confidential Information: at the request
      of the Company the Subscriber shall immediately return to the Company all
      materials, including all copies in whatever form, containing the
      Confidential Information which are in the Subscriber’s possession or under
      the Subscriber’s control; and

	 	 	 
	 	(d) 	
      No rights to Confidential Information: the
      Subscriber acknowledges and agrees that the Subscriber shall not acquire
      any right, title or interest in or to the Confidential Information. Should
      any interest in the Confidential Information come into the possession of
      the Subscriber by any means, other than specific written transfer by the
      Company, the Subscriber hereby assigns and transfers, now and in the
      future, to the Company, and agrees that the Company shall be the exclusive
      owner of, all of the Subscriber’s right, title and interest to any such
      throughout the world, including all trade secrets, patent rights,
      copyrights and all other intellectual property rights therein. The
      Subscriber further agrees to cooperate fully at all times with respect to
      signing further documents and doing such acts and other things required by
      the Company to confirm such transfer of ownership of rights. The
      Subscriber agrees that the obligations in this section shall continue
      beyond the issue of any Securities hereunder, beyond the ownership of any
      Securities acquired hereunder and beyond the termination of the
      Subscriber’s employment, engagement or association with the Company, for a
      period of five years from the date that the Subscriber delivers this
      Agreement to the Company.

3.6 Reliance on Subscriber’s representations and warranties
and indemnification. The Subscriber understands that the
Company will rely on the representations and warranties of the Subscriber herein
in determining whether a sale of the Units to the Subscriber is in compliance
with federal and applicable state and provincial securities laws. The Subscriber
hereby agrees to indemnify the Company and its affiliates and hold the Company
and its affiliates harmless from and against any and all liability, damage, cost
or expense (including reasonable attorney’s fees) incurred on account of or
arising out of: (i) any inaccuracy in the Subscriber’s acknowledgements,
representations or warranties set forth in this Agreement; (ii) the disposition
of any of the Securities which the Subscriber will receive, contrary to the
Subscriber’s acknowledgements, representations or warranties in this Agreement
or otherwise; (iii) any suit or proceeding based upon the claim that such
acknowledgments, representations or warranties were inaccurate or misleading or
otherwise cause for obtaining damages or redress from the Company or its
affiliates; and (iv) the Subscriber’s failure to fulfill any or all of the
Subscriber’s obligations herein.

3.7 Change in Subscriber’s representations and
warranties. All of the information set forth hereinabove with respect to
the Subscriber and including, without limitation, the acknowledgements,
representations and warranties set forth hereinabove, is correct and complete as
of the date hereof and, if there should be any material change in such
information prior to the acceptance of this subscription Agreement by the
Company, the Subscriber will immediately furnish the revised or corrected
information to the Company.

3.8 The Company’s representations and warranties.
The Company hereby represents and warrants as follows and hereby acknowledges
and agrees that the Subscriber will rely on the following representations and warranties in
effecting the subscription contemplated hereby:

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 19 -

	 	(a) 	
      Organization and Qualification of the Company: the
      Company is a corporation duly organized, validly existing and in good
      standing under the laws of the State of Nevada and has the requisite
      corporate power to own its properties and to carry on its business as now
      being conducted. The Company is duly qualified as a foreign corporation to
      do business and is in good standing in each jurisdiction where the nature
      of the business conducted or property owned by it makes such qualification
      necessary, other than those jurisdictions in which the failure to so
      qualify would not have a material adverse effect on the business,
      operations or condition (financial or otherwise) of the Company;

	 	 	 
	 	(b) 	
      Authority: the Company has the requisite corporate
      power and authority to execute and deliver this Agreement and to
      consummate the Offering and the other transactions contemplated hereby.
      The execution and delivery of this Agreement by the Company and the
      consummation by the Company of the transactions contemplated hereby have
      been duly authorized by all necessary action on the party of the Company,
      and no further consent or action is required;

	 	 	 
	 	(c) 	
      Enforceability: this Agreement has been duly
      executed and delivered by the Company and constitutes the valid and
      binding obligations of the Company enforceable against the Company in
      accordance with its terms, subject as to enforceability to general
      principles of equity and to bankruptcy, insolvency, moratorium, and other
      similar laws affecting the enforcement of creditors’ rights
    generally;

	 	 	 
	 	(d) 	
      No Conflicts: the execution, delivery and
      performance of this Agreement by the Company and the consummation of the
      Offering by the Company do not and will not conflict with or violate (i)
      any provision of the Articles of Incorporation or bylaws of the Company,
      as amended, or (ii) any judgment, order, decree, statute, law, ordinance,
      rule or regulation applicable to the Company, except where such conflict
      or violation would not have a material adverse effect on the business,
      operations or condition (financial or otherwise) of the Company. No
      material consent, waiver, approval order or authorization of, or
      registration, declaration or filing with, any court, administrative agency
      or commission or other federal, state, county, local or foreign
      governmental authority, instrumentality, agency or commission or any third
      party, including a party to any material agreement with the Company, is
      required in connection with the execution, delivery and performance of
      this Agreement or the consummation of the Offering by the
  Company;

	 	 	 
	 	(e) 	
      The Securities: The Shares and the Warrant Shares
      been duly authorized, and when issued and paid for in accordance with this
      Agreement and the Warrant, will be duly and validly issued, fully paid and
      non-assessable. The Company has reserved from its duly authorized capital
      stock the number of Warrant Shares issuable upon exercise of the Warrant.
      The Shares have not been issued in violation of, and are not subject to,
      any preemptive or subscription rights;

	 	 	 
	 	(f) 	
      SEC Filings: the Company has filed all reports
      required to be filed by it under the U.S. Act and under the Securities
      Exchange Act of 1934, as amended (the “Exchange Act”), including
      pursuant to Section 13(a) or 15(d) thereof, for the 18 months preceding
      the date hereof (collectively, the “SEC Reports”) on a
  timely basis or has received a valid extension of such time of
    filing. 

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 20 -

	 		
      At the time they were filed, the SEC Reports complied in all
      material respects with the requirements of the U.S. Act and the Exchange
      Act and the rules and regulations promulgated thereunder. At the time when
      they were filed, none of the SEC Reports contained any untrue statement of
      a material fact or omitted to state any material fact required to be
      stated therein or necessary to make the statements made therein in light
      of the circumstances under which they were made, not misleading. The
      financial statements of the Company contained in the SEC Reports comply in
      all material respects with all applicable accounting requirements of the
      United States Securities and Exchange Commission (the “SEC”), were
      prepared in accordance with generally accepted accounting principles, and
      fairly present in all material respects the financial condition of the
      Company as of the dates thereof. The number and type of all authorized,
      issued and outstanding shares of capital stock of the Company is as set
      forth in the SEC Reports; and

	 	 	 
	 	(g) 	
      Absence of Certain Changes: Since the date of the
      last audited financial statement contained in the SEC Reports, there has
      been no material adverse change and no material adverse development in the
      business, properties, operations, condition (financial or otherwise), or
      results of operations of the Company, except as disclosed in the SEC
      Reports.

Article 4
RESTRICTED SECURITIES AND
REGISTRATION

4.1 No initial registration. The Subscriber
acknowledges and understands that neither the sale of the Securities which the
Subscriber is acquiring nor any of the Securities themselves have been
registered under any Applicable Securities Legislation and, furthermore, that
the Securities must be held indefinitely unless subsequently registered under
Applicable Securities Legislation or an exemption from such registration is
available.

4.2 Legending of the Securities. The Subscriber
also acknowledges and understands that the certificates representing the
Securities will be stamped with the following legend (or substantially
equivalent language) restricting transfer in the following manner:

NONE OF THE SECURITIES TO WHICH THIS PRIVATE PLACEMENT
SUBSCRIPTION AGREEMENT (THE “SUBSCRIPTION AGREEMENT”) RELATES HAVE BEEN
REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "1933
ACT"), OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, NONE MAY BE
OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR TO U.S. PERSONS
(AS DEFINED HEREIN) EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION D,
RULE 506 UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A
TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN
EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS.

(OR)

THIS PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (THE
"SUBSCRIPTION AGREEMENT") RELATES TO AN OFFERING OF SECURITIES IN AN OFFSHORE
TRANSACTION TO PERSONS WHO ARE NOT U.S. PERSONS (AS DEFINED HEREIN) PURSUANT TO
REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE
"1933 ACT"). 

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 21 -

NONE OF THE SECURITIES TO WHICH THIS SUBSCRIPTION AGREEMENT
RELATES HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES
LAWS, AND, UNLESS SO REGISTERED, NONE MAY BE OFFERED OR SOLD, DIRECTLY OR
INDIRECTLY, IN THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED HEREIN) EXCEPT
IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT
TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN
AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE
STATE SECURITIES LAWS.

UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF
THE SECURITIES MUST NOT TRADE THE SECURITIES BEFORE THE DATE WHICH IS FOUR
MONTHS FROM THE CLOSING DATE.

(AND, IF APPLICABLE)

UNLESS OTHERWISE PERMITTED UNDER SECURITIES LEGISLATION THE
HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY IN OR FROM BRITISH COLUMBIA
UNLESS THE CONDITIONS IN SECTION 12 (2) OF THE BC INSTRUMENT 51-509 ISSUERS
QUOTED IN THE U.S. OVER THE COUNTER MARKET ARE MET.

     The Subscriber hereby consents to
the Company making a notation on its records or giving instructions to any
transfer agent of the Securities in order to implement the restrictions on
transfer set forth and described hereinabove.

4.3 Disposition under Rule 144. The Subscriber
also acknowledges and understands that:

	 	(a) 	
      the Securities are restricted securities within the
      meaning of Rule 144 promulgated under the U.S. Act;

	 	 	 
	 	(b) 	
      the exemption from registration under Rule 144 will not
      be available in any event for at least six months from the date of
      purchase and payment of the Securities by the Subscriber, and even then
      will not be available unless (i) adequate information concerning the
      Company is then available to the public and (ii) other terms and
      conditions of Rule 144 are complied with; and

	 	 	 
	 	(c) 	
      any sale of the Securities may be made by the Subscriber
      only in limited amounts in accordance with such terms and
    conditions.

     In this regard the Subscriber
further acknowledges and understands that, without in anyway limiting the
acknowledgements and understandings as set forth hereinabove, the Subscriber
agrees that the Subscriber shall in no event make any disposition of all or any
portion of the Securities which the Subscriber is acquiring hereunder unless and
until:

	 	(a) 	
      there is then in effect a “Registration Statement”
      under the U.S. Act covering such proposed disposition and such disposition
      is made in accordance with said Registration Statement; or

	 	 	 
	 	(b) 	
      (i) the Subscriber shall have notified the Company of the
      proposed disposition and shall have furnished the Company with a detailed
      statement of the circumstances surrounding the proposed disposition, (ii)
      the Subscriber shall have furnished the Company with an opinion of the
      Subscriber’s own counsel to the effect that such disposition will not
      require registration of any such Securities under the U.S. Act and (iii)
      such opinion of the Subscriber’s counsel shall have been concurred in
      by counsel for the Company and the
Company shall have advised the Subscriber of such concurrence.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 22 -

Article 5 
GENERAL PROVISIONS

5.1 Address for delivery. Each notice, demand or
other communication required or permitted to be given under this Agreement shall
be in writing and shall be sent by delivery (electronic or otherwise) or prepaid
registered mail deposited in a post office addressed to the Subscriber or the
Company at the address specified in this Agreement. The date of receipt of such
notice, demand or other communication shall be the date of delivery thereof if
delivered, or, if given by registered mail as aforesaid, shall be deemed
conclusively to be the fifth calendar day after the same shall have been so
mailed, except in the case of interruption of postal services for any reason
whatsoever, in which case the date of receipt shall be the date on which the
notice, demand or other communication is actually received by the addressee.
Either party may at any time and from time to time notify the other party in
writing of a change of address and the new address to which notice shall be
given to it thereafter until further change.

5.2 Severability and construction. Each Article,
section, sub-section, paragraph, sub-paragraph, term and provision of this
Agreement, and any portion thereof, shall be considered severable, and if, for
any reason, any portion of this Agreement is determined to be invalid, contrary
to or in conflict with any applicable present or future law, rule or regulation,
that ruling shall not impair the operation of, or have any other effect upon,
such other portions of this Agreement as may remain otherwise intelligible (all
of which shall remain binding on the parties and continue to be given full force
and agreement as of the date upon which the ruling becomes final).

5.3 Gender and number. This Agreement is to be
read with all changes in gender or number as required by the context.

5.4 Governing law. This Agreement shall be
governed by and construed in accordance with the laws of the Province of British
Columbia, Canada, and the federal laws of Canada applicable therein. Any dispute
regarding matters as between the Subscriber and the Company, whether as a
subscriber or shareholder and whether arising under this Agreement or pursuant
to shareholder rights pursuant to the constating documents of the Company or
applicable law, shall be adjudicated in the Courts of British Columbia, Canada
unless the Company shall permit otherwise.

5.5 Representation and costs. It is hereby
acknowledged by each of the parties hereto that the Company’s Counsel acts
solely for the Company, and, correspondingly, that the Subscriber has been
required by each of the Company’s Counsel and the Company to obtain independent
legal advice with respect to the Subscriber’s review and execution of this
Agreement. In addition, it is hereby further acknowledged and agreed by the
parties hereto that the Company’s Counsel, and certain or all of its principal
owners or associates, from time to time, may have both an economic or
shareholding interest in and to the Company and/or a fiduciary duty to the same
arising from either a directorship, officership or similar relationship arising
out of the request of the Company for certain of such persons to act in a
similar capacity while acting for the Company as counsel. Correspondingly, and
even where, as a result of this Agreement, the consent of each party hereto to
the role and capacity of the Company’s Counsel and its principal owners and
associates, as the case may be, is deemed to have been received, where any
conflict or perceived conflict may arise, or be seen to arise, as a result of
any such capacity or representation, each party hereto acknowledges and agrees
to, once more, obtain independent legal advice in respect of any such conflict
or perceived conflict and, consequent thereon, the Company’s Counsel, together
with any such principal owners or associates, as the case may be, shall be at liberty at any time to resign any such
position if it or any party hereto is in any way affected or uncomfortable with
any such capacity or representation. The Company will bear and pay its and the
Subscriber’s costs, legal and otherwise, in connection with their respective
preparation, review and execution of this Agreement and the preparation, review,
filing, and maintenance of effectiveness of the Registrations Statement (to the
extent set forth in Section 4.4) and, in particular, that the costs involved in
the preparation of this Agreement, and all documentation necessarily incidental
thereto, by the Company’s Counsel, shall be at the cost of the Company.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 23 -

5.6 Survival of representations and warranties.
The covenants, representations and warranties contained herein shall survive the
closing of the transactions contemplated hereby.

5.7 Counterparts. This Agreement may be signed by
the parties hereto in as many counterparts as may be necessary, each of which so
signed shall be deemed to be an original, and such counterparts together shall
constitute one and the same instrument and notwithstanding the date of execution
will be deemed to bear the execution date as set forth in this Agreement. This
Agreement may also be executed and exchanged by facsimile and such facsimile
copies shall be valid and enforceable agreements.

5.8 Entire Agreement and amendments. This
Agreement constitutes the only agreement between the parties with respect to the
subject matter hereof and shall supersede any and all prior negotiations and
understandings. There are no collateral agreements or understandings hereto and
this Agreement, and the documents contemplated herein, constitutes the totality
of the parties’ agreement. This Agreement may be amended or modified in any
respect by written instrument only.

5.9 Corrections. The Subscriber hereby authorizes
the Company to correct any minor errors in, or complete any minor information
missing from, any of this Agreement and each of Attachment “I” –
“Subscriber’s Certificate”, Attachment “II” – “Certificate of
Shareholder” to this Agreement, which may be required to be completed and
executed by the Subscriber and delivered to the Company in accordance with the
terms and conditions of this Agreement.

5.10 Successors and assigns. The terms and
provisions of this Agreement shall be binding upon and enure to the benefit of
the Subscriber, the Company and their respective successors and lawfully
permitted assigns; provided that, except as herein provided, this Agreement
shall not be assignable by any party without the written consent of the other.
Notwithstanding the foregoing proviso, the benefit and obligations of this
Agreement, insofar as they extend to or affect the Subscriber, shall pass with
any sale, assignment or transfer of any of the Units, the Shares, the Warrants
or the Warrant Shares in accordance with the terms of this Agreement.

     IN WITNESS WHEREOF
the parties hereto have hereunto set their respective hands and seals in the
presence of their duly authorized signatories effective as at the dates as set
forth in the Signature Page/Subscriber Statement at the beginning of this
document.

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 24 -

SCHEDULE A

ACCREDITED INVESTOR QUESTIONNAIRE

All capitalized terms herein, unless otherwise defined, have
the meanings ascribed thereto in the Subscription Agreement.

This Questionnaire is for use by each Subscriber who is a
US person (as that term is defined Regulation S of the United States
Securities Act of 1933 (the “1933 Act”)) and has indicated an interest in
purchasing Shares of the Company. The purpose of this Questionnaire is to assure
the Company that each Subscriber will meet the standards imposed by the 1933 Act
and the appropriate exemptions of applicable state securities laws. The Company
will rely on the information contained in this Questionnaire for the purposes of
such determination. The Shares will not be registered under the 1933 Act in
reliance upon the exemption from registration afforded by Section 4(2) and
Regulation D of the 1933 Act. This Questionnaire is not an offer of the Shares
or any other securities of the Company in any state other than those
specifically authorized by the Company.

All information contained in this Questionnaire will be treated
as confidential. However, by signing and returning this Questionnaire, each
Subscriber agrees that, if necessary, this Questionnaire may be presented to
such parties as the Company deems appropriate to establish the availability,
under the 1933 Act or applicable state securities law, of exemption from
registration in connection with the sale of the Shares hereunder. 

The Subscriber covenants, represents and warrants to the
Company that it satisfies one or more of the categories of “Accredited
Investors”, as defined by Regulation D promulgated under the 1933 Act, as
indicated below: 

(Please check all that apply.)

	_____    	An employee benefit plan within the meaning of
      Title I of the Employee Retirement Income Security Act of 1974, if the
      investment decision is made by a plan fiduciary, as defined in Section
      3(21) of such Employee Retirement income Security Act, which is either a
      bank savings and loan association, insurance company or registered
      investment advisor, or if the employee benefit plan has total assets in
      excess of $5,000,000 or, if a self directed plan, with investment
      decisions made solely by persons that are otherwise accredited investors.    	_____

_____	
      A trust with total assets in excess of $5,000,000 not formed for the
      specific purpose of acquiring the Securities, whose purchase is directed
      by a person who has such knowledge and experience in financial and
      business matters that he or she is capable of evaluating the merits and
      risks of an investment in the Securities. 

      A bank as defined in Section 3(a)(2) of the Act, or a savings and loan
      association or other institution as defined in Section 3(a)(5)(A) of the
      Act, whether acting in its individual or fiduciary capacity. 

	
      _____	Advisors Act of 1940. A private business
      development company as defined in Section 202(a)(22) of the Investment 	_____	A broker or dealer registered pursuant to
      Section 15 of the Securities Exchange Act of 1934. 
	_____ 	An organization described in Section 501(c)(3)
      of the Internal Revenue Code, or a corporation, Massachusetts or similar
      business trust, or a partnership (in each case not formed for the specific purpose of
      acquiring the Securities) with total assets in excess of $5,000,000. 	_____

_____	
      An insurance company as defined in Section 2(13) of the Act. 

      An investment company registered under the Investment Company Act of 1940 or a
      business development company as defined in Section 2(1)(48) of the
      Investment Company Act of 1940. 

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

- 25 -

	____    	A natural person whose net worth, individually
      or jointly with spouse, exceeds 1,000,000 at this time (including the
      value of that person’s principal residence valued at either (x) cost,
      including cost of improvements, net of current encumbrances on the
      property, or (y) the appraised value of the property as determined by a
      written appraisal used by an institution lender making a loan to that
      person secured by the property, including subsequent improvements, net of
      current encumbrances on the property). 	_____

_____	
      A Small Business Investment Company licensed by the U.S. Small Business
      Administration under Section 301(c) or (d) of the Small Business
      Investment Act of 1958. 

      A plan established and maintained by a state, its political
      subdivisions, or any agency or instrumentality of a state or its political
      subdivisions, for the benefit of its employees, if such plan has total
      assets in excess of $5,000,000. 

	____	A natural person who had an individual income
      in excess of $200,000 in each of the two most recent calendar years or
      joint income with spouse inn excess of $300,000 in each of those years and
      has a reasonable expectation of reaching the same level of income in the
      current calendar year. 	_____

_____	
      Any entity in which all the equity owners are accredited investors
      (i.e., by virtue of their meeting any of the other tests for an
      “accredited investor”). 

  Any director or executive officer of the Company

The Subscriber hereby certifies that the information contained
in this Questionnaire is complete and accurate and the Subscriber will notify
the Company promptly of any change in any such information. If this
Questionnaire is being completed on behalf of a corporation, partnership, trust
or estate, the person executing on behalf of the Subscriber represents that it
has the authority to execute and deliver this Questionnaire on behalf of such
entity.

IN WITNESS WHEREOF, the undersigned has executed this
Questionnaire as of the ___ day of _______________, 2010.

	If a Corporation, Partnership or Other 	 	If an Individual: 
	Entity: 	 	  
	 	 	 
	Print Name and Type of Entity 	 	Signature 
	 	 	 
	 	 	 
	Signature of Authorized Signatory 	 	Print Name 
	 	 	 
	 	 	 
	Name and Title of Authorized 	 	Social Security/Tax I.D. No. 
	Signatory 	 	  

-- $0.10 Convertible Note Private Placement Subscription
Agreement --
-- Global Green Solutions Inc. --

THIS NOTE AND THE COMMON SHARES ISSUABLE UPON CONVERSION OF
  THIS NOTE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
  THIS NOTE AND THE COMMON SHARES ISSUABLE UPON CONVERSION OF THIS NOTE MAY NOT BE
  SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE
  REGISTRATION STATEMENT AS TO THIS NOTE UNDER SAID ACT OR AN OPINION OF COUNSEL
  REASONABLY SATISFACTORY TO GLOBAL GREEN SOLUTIONS INC.. THAT SUCH REGISTRATION
  IS NOT REQUIRED.

	Principal: $ 	Issue
      Date:                     
	Note: 2009- 	 

CONVERTIBLE NOTE

     FOR VALUE RECEIVED on ________ ___, 2009-, Global Green Solutions Inc., a Nevada corporation
  (hereinafter called "Borrower"), hereby promises to pay to 
  _____________________ (the "Holder"), without demand, the sum of
  ____________________________ (US $______ ) US DOLLARS with interest, on
  __________ , 2011 (the "Maturity Date").

     This Note has been entered into
  pursuant to its terms between the Borrower and the Holder, dated of even date
  herewith, and shall be governed by the terms herein. The following terms shall
  apply to this Note:

ARTICLE I

GENERAL PROVISIONS

     1.1 Payment Grace Period.
  The Borrower shall have a ten (10) business day grace period to pay any monetary
  amounts due under this Note, after which interest at the stated rate pursuant in
  item 1.3 below per annum shall continue to accrue until the amounts owed
  hereunder are repaid.

     1.2 Conversion Privileges.
  The Conversion Privileges set forth in Article II shall remain in full force and
  effect immediately from the date hereof and until the Note is paid in full
  regardless of the occurrence of an Event of Default. The Note shall be payable
  in full on the Maturity Date, unless previously converted into Common Stock in
  accordance with Article II hereof.

     1.3 Interest Rate. Subject
  to Section 4.7 hereof, interest payable on this Note shall accrue at a rate per
  annum (the "Interest Rate") of TWELVE percent (12%) per annum on the outstanding
  principal balance, compounded annually. Interest is payable at the Maturity Date
  in either cash or common shares convertible at the Conversion Price. Interest is
  payable in advance of the Maturity Date as part of a Conversion as described in
  Article II.

ARTICLE II

CONVERSION RIGHTS

     The Holder shall have the right
  to convert the principal and interest due under this Note into Units consisting
  of the Borrower's Common Stock and warrants, (“Units”) as set forth below.

     2.1. Conversion into the
  Borrower's Units comprised of Common Stock and Share Purchase Warrants
    (Exhibit A) as defined below.

(a) Subject to terms of the Note, the Holder shall have the
  right from and after the date of the issuance of this Note and then at any time
  until this Note is fully paid, to convert any outstanding and unpaid principal
  portion of this Note, and accrued interest, at the election of the Holder (the
  date of giving of such notice of conversion being a "Conversion Date") into
  fully paid and nonassessable Units of the Borrower at the rate of one Unit per
  US $0.10 (the "Conversion Price") of the Note or accrued interest converted,
  with each Unit consisting of one common share, no par value, in the capital of
  the Borrower (the “Common Stock”) and one share purchase warrant with each
  warrant enabling the purchase of an additional common share of the Borrower at
  $0.25 per share for a two year term from the date of conversion (the “Warrant
  Shares”). Upon delivery to the Borrower of a completed Notice of Conversion, a
  form of which is annexed hereto, Borrower shall issue and deliver to the Holder
  within seven (7) business days from the Conversion Date (such seventh day being
  the “Delivery Date”) that number of shares of Common Stock for the portion of
  the Note and accrued interest converted in accordance with the foregoing. At the
  election of the Holder, the Borrower will deliver accrued but unpaid interest on
  the Note in the manner provided in Section 1.3 through the Conversion Date
  directly to the Holder on or before the Date. The number of Units to be issued
  upon each conversion of this Note shall be determined by dividing that portion
  of the principal of the Note and accrued interest to be converted, by the
  Conversion Price.

(b) As evidenced and defined above, and subject to adjustment
  as provided in Section 2.1(c) hereof, the Conversion Price per Unit shall be
  $0.10.

(c) The Conversion Price and number and kind of shares or other
  securities to be issued upon conversion determined pursuant to Section 2.1(a),
  shall be subject to adjustment from time to time upon the happening of certain
  events while this conversion right remains outstanding, as follows:

     A. Merger, Sale of Assets, etc.
  If the Borrower at any time shall consolidate with or merge into or sell or
  convey all or substantially all its assets to any other corporation, this Note,
  as to the unpaid principal portion thereof and accrued interest thereon, shall
  thereafter be deemed to evidence the right to purchase such number and kind of
  shares or other securities and property as would have been issuable or
  distributable on account of such consolidation, merger, sale or conveyance, upon
  or with respect to the securities subject to the conversion or purchase right
  immediately prior to such consolidation, merger, sale or conveyance. The
  foregoing provision shall similarly apply to successive transactions of a
  similar nature by any such successor or purchaser. Without limiting the
  generality of the foregoing, the anti-dilution provisions of this Section shall
  apply to such securities of such successor or purchaser after any such
  consolidation, merger, sale or conveyance.

     B. Reclassification, etc. If the
  Borrower at any time shall, by reclassification or otherwise, change the Common
  Stock into the same or a different number of securities of any class or classes
  that may be issued or outstanding, this Note, as to the unpaid principal portion
  thereof and accrued interest thereon, shall thereafter be deemed to evidence the
  right to purchase an adjusted number of such securities and kind of securities
  as would have been issuable as the result of such change with respect to the
  Common Stock immediately prior to such reclassification or other change.

     C. Stock Splits, and
  Combinations. If the shares of Common Stock are subdivided or combined into a
  greater or smaller number of shares of Common Stock, the Conversion Price shall
  be proportionately reduced in case of subdivision of shares or stock dividend or
  proportionately increased in the case of combination of shares, in each such case by the ratio which the total number
  of shares of Common Stock outstanding immediately after such event bears to the
  total number of shares of Common Stock outstanding immediately prior to such
  event.

2

     (D) During the period the
  conversion right exists, Borrower will reserve from its authorized and unissued
  Common Stock not less than the number of shares of Common Stock and Warrant
  Shares issuable upon the full conversion of this Note. Borrower represents that
  upon issuance, such shares will be duly and validly issued, fully paid and
  non-assessable. Borrower agrees that its issuance of this Note shall constitute
  full authority to its officers, agents, and transfer agents who are charged with
  the duty of executing and issuing stock certificates to execute and issue the
  necessary certificates for shares of Common Stock upon the conversion of this
  Note.

ARTICLE III

EVENT OF DEFAULT

     The occurrence of any of the
  following events of default ("Event of Default") shall, at the option of the
  Holder hereof, make all sums of principal and interest then remaining unpaid
  hereon and all other amounts payable hereunder immediately due and payable, upon
  demand, without presentment, or grace period, all of which hereby are expressly
  waived, except as set forth below:

     3.1 Failure to Pay Principal
  or Interest. The Borrower fails to pay any installment of principal,
  interest or other sum due under this Note when due and such failure continues
  for a period of ten (10) business days after the due date. The ten (10) day
  period described in this Section 3.1 is the same ten (10) business day period
  described in Section 1.1 hereof.

     3.2 Breach of Covenant.
  The Borrower breaches any material covenant or other term or condition of this
  Note in any material respect and such breach, if subject to cure, continues for
  a period of ten (10) business days after written notice to the Borrower from the
  Holder.

     3.3 Breach of Representations
  and Warranties. Any material representation or warranty of the Borrower made
  herein, or in any agreement, statement or certificate given in writing pursuant
  hereto or in connection therewith shall be false or misleading in any material
  respect as of the date made and the Closing Date.

     3.4 Delisting. Delisting
  of the Common Stock from a Principal Market; failure to comply with the
  requirements for continued listing on a Principal Market for a period of five
  consecutive trading days; or notification from any Principal Market that the
  Borrower is not in compliance with the conditions for such continued listing on
  such Principal Market.

     3.5 Stop Trade. An SEC or
  judicial stop trade order or Principal Market trading suspension that lasts for
  five or more consecutive trading days.

     3.6 Failure to Deliver Common
  Stock. Borrower's failure to timely deliver Common Stock to the Holder
  pursuant to and in the form required by this Note.

     3.7 Reservation Default.
  Failure by the Borrower to have reserved for issuance upon conversion of the
  Note the amount of Common stock as set forth in this Note.

     3.8 Cross Default. A
  default by the Borrower of a material term, covenant, warranty or undertaking of
  any other agreement to which the Borrower and Holder are parties.

3

ARTICLE IV

MISCELLANEOUS

     4.1 Failure or Indulgence Not
  Waiver. No failure or delay on the part of Holder hereof in the exercise of
  any power, right or privilege hereunder shall operate as a waiver thereof, nor
  shall any single or partial exercise of any such power, right or privilege
  preclude other or further exercise thereof or of any other right, power or
  privilege. All rights and remedies existing hereunder are cumulative to, and not
  exclusive of, any rights or remedies otherwise available.

     4.2 Notices. All notices,
  demands, requests, consents, approvals, and other communications required or
  permitted hereunder shall be in writing and, unless otherwise specified herein,
  shall be (i) personally served, (ii) deposited in the mail, registered or
  certified, return receipt requested, postage prepaid, (iii) delivered by
  reputable air courier service with charges prepaid, or (iv) transmitted by hand
  delivery, telegram, or facsimile, addressed as set forth on the face page or to
  such other address as such party shall have specified most recently by written
  notice. Any notice or other communication required or permitted to be given
  hereunder shall be deemed effective (a) upon hand delivery or delivery by
  facsimile, with accurate confirmation generated by the transmitting facsimile
  machine, at the address or number designated below (if delivered on a business
  day during normal business hours where such notice is to be received), or the
  first business day following such delivery (if delivered other than on a
  business day during normal business hours where such notice is to be received)
  or (b) on the second business day following the date of mailing by express
  courier service, fully prepaid, addressed to such address, or upon actual
  receipt of such mailing, whichever shall first occur. The addresses for such
  communications shall be as presented on the face page of this instrument.

     4.3 Amendment Provision.
  The term "Note" and all reference thereto, as used throughout this instrument,
  shall mean this instrument as originally executed, or if later amended or
  supplemented, then as so amended or supplemented.

     4.4 Assignability. This
  Note shall be binding upon the Borrower and its successors and assigns, and
  shall inure to the benefit of the Holder and its successors and assigns.

     4.5 Governing Law. This
  Note shall be governed by and construed in accordance with the laws of the
  Province of British Columbia, Canada. Any action brought by either party against
  the other concerning the transactions contemplated by this Agreement shall be
  brought only in the courts of British Columbia, Canada or in the federal courts
  of Canada. Both parties and the individual signing this Agreement on behalf of
  the Borrower agree to submit to the jurisdiction of such courts. The prevailing
  party shall be entitled to recover from the other party its reasonable fees and
  costs.

     4.6 Maximum Payments.
  Nothing contained herein shall be deemed to establish or require the payment of
  a rate of interest or other charges in excess of the maximum permitted by
  applicable law. In the event that the rate of interest required to be paid or
  other charges hereunder exceed the maximum permitted by such law, any payments
  in excess of such maximum shall be credited against amounts owed by the Borrower
  to the Holder and thus refunded to the Borrower.

4

     4.7 Shareholder Status.
  The Holder shall not have rights as a shareholder of the Borrower with respect
  to unconverted portions of this Note. However, the Holder will have all the
  rights of a shareholder of the Borrower with respect to the shares of Common
  Stock received after delivery by the Holder of a Conversion Notice to the
  Borrower and such shares are issued in conjunction with item 2.1 herein.

     IN WITNESS WHEREOF,
  Borrower has caused this Note to be signed in its name by an authorized officer
  on the date first noted above: 

	 	GLOBAL GREEN SOLUTIONS
      INC. 
	 	 	 
	 	By:	 
	 	 	Name & Title: _____________, Director 

WITNESS:

__________________________________________

5

NOTICE OF CONVERSION

(To be executed by the Registered Holder in order to convert the
  Note)

     The undersigned hereby elects to
  convert $____________ of the principal and $_________ of the interest due on the
  Note issued by Global Green Solutions Inc. on _______________ into Units of
  Global Green Solutions Inc.. (the "Borrower") according to the conditions set
  forth in such Note, as of the date written below. Each Unit consists of one
  common share and one share purchase warrant (a “Warrant”), as described in the
  Note.

Date of Conversion: __________________________________

Conversion Price: US $0.10

# of Shares To Be Delivered: ___________________________ (Plus
  any applicable interest shares)

  (includes warrants as part of purchased
  unit)

	Signature:	 	 
	 	 	 
	Print Name:	 	 
	 	 	 
	Print full Address for delivery 	 
	 	 	 
	 	 	 
	 	 	 

6

EXHIBIT A

Form of Warrant

“This warrant and the securities deliverable upon exercise
  hereof have not been registered under the United States Securities Act of 1933,
  as amended (the “U.S. Securities Act”), or the securities laws of any State of
  the United States. This warrant may not be exercised by or on behalf of a person
  in the United States unless the warrant and the underlying securities have been
  registered under the U.S. Securities Act and the applicable securities
  legislation of any such state or an exemption from such registration
  requirements is available. “United States” and “U.S. person” are as defined by
  regulation S under the U.S. Securities Act.”

“Unless permitted under securities legislation, the holder
  of the securities shall not trade the securities before ________”

Warrant Certificate No. 200_- _____

WARRANT TO PURCHASE ________ SHARES

  VOID AFTER 5:00 P.M.,
  PACIFIC TIME, ON ________________

GLOBAL GREEN SOLUTIONS INC..

  WARRANT AGREEMENT AND
    CERTIFICATE

     This certifies that, for value
  received, __________________________, the registered holder hereof (the
  "Warrantholder") is entitled to purchase from Global Green Solutions Inc. , a
  Nevada Corporation (the "Company") with its principal office located at,
  1010-789 WEST PENDER STREET, VANCOUVER BC V6C1H2, at any time before 5:00 P.M.,
  Pacific Time, on the date set forth above, which date is the date two years
  following the initial issuance date of this Warrant (the "Termination Date") at
  the purchase price of US$ 0.25 per share (the "Exercise Price "or “Purchase
  Price”), the number of Shares of the Company's Common Stock (the "Shares") set
  forth above. The number of Shares purchasable upon exercise of this Warrant and
  the Exercise Price per Share shall be subject to adjustment from time to time as
  set forth in Section 3 below. 

Section 1. Transfer or Exchange of Warrant.

     1.1 The Company shall be entitled
  to treat the registered owner of any Warrant as the owner in fact thereof for
  all purposes and shall not be bound to recognize any equitable or other claim to
  or interest in such Warrant on the part of any other person, and shall not be
  liable for any registration of transfer of Warrants which are registered or to
  be registered in the name of a fiduciary or the nominee of a fiduciary unless
  made with the actual knowledge that a fiduciary or nominee is committing a
  breach of trust in requesting such registration of transfer, or with such
  knowledge of such facts that its participation therein amounts to gross
  negligence or bad faith.

     1.2 This Warrant may not be sold,
  transferred, assigned or hypothecated except pursuant to all applicable Canadian
  and federal and state securities laws.

     1.3 A Warrant shall be
  transferable only on the books of the Company upon delivery of this Warrant
  Certificate duly endorsed by the Warrantholder or by his duly authorized
  attorney or representative, or accompanied by proper evidence of succession,
  assignment or authority to transfer. Upon any registration of transfer, the Company shall deliver a new
  Warrant Certificate to the persons entitled thereto.

7

Section 2. Term of Warrants; Exercise of Warrants.

     2.1 Subject to the terms of this
  Agreement and Certificate, the Warrantholder shall have the right, which may be
  exercised commencing at any time after the Company has increased its authorized
  capital such that sufficient shares of Common Stock are available for issuance
  upon exercise and ending at 5:00 p.m. Pacific Time on the Termination Date, to
  purchase from the Company the number of Shares which the Warrantholder may at
  that time be entitled to purchase on exercise of this Warrant.

     2.2 A Warrant shall be exercised
  by surrender to the Company, at its principal office, of this Certificate
  evidencing the Warrant to be exercised, together with the form of election to
  purchase attached hereto as Exhibit B duly filled in and signed, and
  payment to the Company of the Exercise Price for the number of Shares in respect
  of which such Warrant is then exercised. Payment of the aggregate Exercise Price
  shall be made in cash or certified funds.

     2.3 Subject to Section 3 hereof,
  upon surrender of a Warrant Certificate and payment of the Exercise Price as
  aforesaid, the Company shall issue and cause to be delivered with all reasonable
  dispatch, to or upon the written order of the Warrantholder exercising such
  Warrant and in such name or names as such Warrantholder may designate,
  certificates for the number of Shares so purchased upon the exercise of such
  Warrant. Such certificate or certificates shall be deemed to have been issued
  and any person so designated to be named therein shall be deemed to have become
  a holder of record of such Shares as of the date of receipt by the Company of
  such Warrant Certificate and payment of the Exercise Price. The rights of
  purchase represented by the Warrants shall be exercisable, at the election of
  the Warrantholders thereof, either in full or from time to time in part and, in
  the event that a Warrant Certificate is exercised to purchase less than all of
  the Shares purchasable on such exercise at any time prior to the Termination
  Date, a new Warrant Certificate evidencing the remaining Warrant or Warrants
  will be issued.

     2.4 The Warrantholder will pay
  all documentary stamp taxes, if any, attributable to the initial issuance of the
  Shares upon the exercise of Warrants.

     2.5 Cashless Exercise

	 	(a) 	This Warrant may be exercisable in whole or in part at
      the option of the Holder either in (i) cash, wire transfer or by certified
      or official bank check payable to the order of the Company equal to the
      applicable aggregate Purchase Price, (ii) by cashless exercise in
      accordance with Section (b) below or (iii) by a combination of any of the
      foregoing methods, for the number of common shares specified in such form
      (as such exercise number shall be adjusted to reflect any adjustment in
      the total number of shares of common shares issuable to the holder per the
      terms of the Warrant) and the holder shall thereupon be entitled to
      receive the number of duly authorized, validly issued, fully-paid and
      non-assessable common shares in the capital of the Company (or Other
      Securities) determined as provided herein.

8

	 	(b) 	If the Fair Market Value of one common share is greater
      than the Purchase Price (at the date of calculation as set forth below),
      in lieu of exercising this Warrant for cash, the holder may elect to
      receive common shares equal to the value (as determined below) of this
      Warrant (or the portion thereof being cancelled) by surrender of this
      Warrant at the principal office of the Company together with the properly
      endorsed Subscription Form in which event the Company shall issue to the
      holder a number of common shares computed using the following
      formula:

	 	 	                   	X=Y (A-B) 
	 	 	 	          A 
	 	 	 	 
	 	Where	 X= 	 the number of common shares to be issued to the
      holder 

	 	 	 	 

		 	Y= 	the number of common shares purchasable under the Warrant
      or, if only a portion of the Warrant is being exercised, the portion of
      the Warrant being exercised 

	 	 	 	 

		 	A= 	the fair market value of one share of the Company’s
      common stock as defined for the purposes of this calculation as the 30 day
      volume weighted average price of the Issuer’s securities preceding the
      date of Conversion as defined herein 

	 	 	 	 

	 	 	B= 	 Purchase Price 

	 	(c) 	For purposes of Rule 144 promulgated under the 1933 Act,
      it is intended, understood and acknowledged that the Warrant Shares issued
      in a cashless exercise transaction shall be deemed to have been acquired
      by the Holder, and the holding period for the Warrant Shares shall be
      deemed to have commenced, on the date this Warrant was originally issued
      pursuant to the Subscription Agreement.

Section 3. Adjustment of Exercise Price and Shares.

     3.1 If there is any change in the
  number of shares of outstanding Common Stock through the declaration of stock
  dividends, or through a recapitalization resulting in stock splits or
  combinations or exchanges of such shares, the number of shares of Common Stock
  underlying the Warrants, and the exercise price per share of the outstanding
  Warrants, shall be proportionately adjusted by the Board to reflect any increase
  or decrease in the number of issued shares of Common Stock; provided, however,
  that any fractional shares resulting from such adjustment shall be
  eliminated.

9

     3.2 In the event of the proposed
  dissolution or liquidation of the Company, or any corporate separation or
  division, including, but not limited to, split-up, split-off or spin-off, or a
  merger or consolidation of the Company with another corporation, the Board may
  provide that each Warrantholder shall have the right to exercise such Warrant
  (at its then current Exercise Price) solely for the kind and amount of shares of
  stock and other securities, property, cash or any combination thereof receivable
  upon such dissolution, liquidation, corporate separation or division, or merger
  or consolidation by a holder of the number of shares of Common Stock for which
  such Warrant might have been exercised immediately prior to such dissolution,
  liquidation, corporate separation or division, or merger or consolidation; or,
  in the alternative the Board may provide that the Warrants shall terminate as of
  a date fixed by the Board; provided, however, that not less than 30 days'
  written notice of the date so fixed shall be given to each Warrantholder, who
  shall have the right, during the period of 30 days preceding such termination,
  to exercise the Warrant as to all or any part of the shares of Common Stock
  covered thereby.

     3.3 The preceding paragraph shall
  not apply to a merger or consolidation in which the Company is the surviving
  corporation and shares of Common Stock are not converted into or exchanged for
  stock, securities of any other corporation, cash or any other thing of value.
  Notwithstanding the preceding sentence, in case of any consolidation or merger
  of another corporation into the Company in which the Company is the surviving
  corporation and in which there is a reclassification or change (including a
  change to the right to receive cash or other property) of the shares of Common
  Stock (excluding a change in par value, or from no par value to par value, or
  any change as a result of a subdivision or combination, but including any change
  in such shares into two or more classes or series of shares), the Board may
  provide that the holder of this Warrant shall have the right to exercise such
  Warrant solely for the kind and amount of shares of stock and other securities
  (including those of any new direct or indirect Parent of the Company), property,
  cash or any combination thereof receivable upon such reclassification, change,
  consolidation or merger by the holder of the number of shares of Common Stock
  for which such Warrant might have been exercised.

     3.4 In the event of a change in
  the Common Stock of the Company as presently constituted into the same number of
  shares with a par value, the shares resulting from any such change shall be
  deemed to be the Common Stock of the Company within the meaning of this
  agreement.

     3.5 To the extent that the
  foregoing adjustments relate to stock or securities of the Company, such
  adjustments shall be made by the Board, whose determination in that respect
  shall be final, binding and conclusive.

     3.6 Except as expressly provided
  herein, the Warrantholder shall have no rights by reason of any subdivision or
  consolidation of shares of stock of any class, or the payment of any stock
  dividend or any other increase or decrease in the number of shares of stock of
  any class, or by reason of any dissolution, liquidation, merger, or
  consolidation or spin-off of assets or stock of another corporation; and any
  issue by the Company of shares of stock of any class, or securities convertible
  into shares of stock of any class, shall not affect, and no adjustment by reason
  thereof shall be made with respect to, the number or price of shares of Common
  Stock subject to this Warrant. The grant of this Warrant shall not affect in any
  way the right or power of the Company to make adjustments, reclassifications,
  reorganizations or changes of its capital or business structures, or to merge or
  consolidate, or to dissolve, liquidate, or sell or transfer all or any part of
  its business or assets.

10

Section 4. Mutilated or Missing Warrant
  Certificates.

In case any Warrant Certificate shall be mutilated, lost,
  stolen or destroyed, the Company shall, at the request of the holder of such
  Certificate, issue and deliver, in exchange and substitution for and upon
  cancellation of the mutilated Certificate, or in lieu of and substitution for
  the Certificate, lost, stolen or destroyed, a new Warrant Certificate of like
  tenor and representing an equivalent right or interest; but only upon receipt of
  evidence satisfactory to the Company of such loss, theft or destruction of such
  Warrant Certificate and indemnity, if requested, also satisfactory to the
  Company. An applicant for such a substitute Warrant Certificate shall also
  comply with such other reasonable regulations and pay such other reasonable
  charges as the Company may prescribe.

Section 5. Reservation of Shares of Common Stock.

There has been reserved, and the Company shall at all times
  keep reserved so long as any of the Warrants remain outstanding, out of its
  authorized Common Stock a number of shares of Common Stock sufficient to provide
  for the exercise of the rights of purchase represented by the outstanding
  Warrants and the underlying securities.

Section 6. No Fractional Shares.

The Company shall not be required to issue fractional shares or
  scrip representing fractional shares upon the exercise of the Warrants. As to
  any final fraction of a Share which the Warrantholder would otherwise be
  entitled to purchase upon such exercise, the Company shall pay a cash adjustment
  in respect of such final fraction in an amount equal to the same fraction of the
  market price of a share of Common Stock on the business day preceding the day of
  exercise.

Section 7. Transfer and Exercise to Comply With the
  Securities Act of 1933.

The Warrants may not be exercised except in a transaction
  exempt from registration under the Act.

Section 8. Notices.

Any notice pursuant to this Agreement by the Company or by the
  Warrantholders shall be in writing and shall be deemed to have been duly given
  if delivered or mailed certified mail, return receipt requested to the Company
  or the Warrantholder at the addresses set forth above. Each party hereto may
  from time to time change the address to which notices to it are to be delivered
  or mailed hereunder by notice in accordance herewith to the other party.

Section 9. Successors.

All the covenants and provisions of this Agreement by or for
  the benefit of the Company or the Warrantholders shall bind and inure to the
  benefit of their respective successors and assigns.

Section 10. Applicable Law.

This Warrant Agreement and Certificate and any replacement
  Certificate issued here under shall be governed by and construed in accordance
  with the laws of the Province of British Columbia, Canada, and the federal laws
  of Canada applicable therein.

	 	GLOBAL GREEN SOLUTIONS INC 
	 	 	 
	 	By:	 
	 	 	Director 

11

Exhibit B

PURCHASE FORM

Dated _______________, ____

     The undersigned hereby
  irrevocably elects to exercise the Warrant represented by this Warrant
  Certificate to the extent of purchasing __________ Shares of GLOBAL GREEN
  SOLUTIONS INC. and hereby makes payment of US$ 0.25 per Share in payment of the
  exercise price thereof.

INSTRUCTIONS FOR REGISTRATION OF STOCK

	Name: 
	 
	               
                         
                         
                         
                 (please type or print in block
        letters) 
	 
	Address: 
	 
	 
	 
	Signature
      ______________________________________________________ 
	 
	 
	Dated: ___________________,______ 

ASSIGNMENT FORM

      FOR VALUE RECEIVED, __________________________ , hereby
  sells, assigns and transfers unto

	Name: 
	 
	 (Please type or print in block letters) 
	 
	 Address: 
	 
	
	the right to purchase Shares of GLOBAL GREEN SOLUTIONS
      INC. represented by this Warrant Certificate to the extent of Shares as to which such right is exercisable and does hereby
        irrevocably constitute and appoint GLOBAL GREEN SOLUTIONS INC. to
          transfer the same on the books of the Company with full power of substitution in the premises. 

	 
	_______________________________________
	Signature 

Dated: ___________________,______

     Notice: The signature of this
  assignment must correspond with the name as it appears upon the face of this
  Warrant Certificate in every particular, without alteration or enlargement or
  any change whatsoever.Exhibit 10.15

 

Marten Transport, Ltd.

 

2010 Non-Employee Director Compensation Summary

 

The Board of Directors of Marten Transport, Ltd.
approved the following fee schedule for non-employee directors for fiscal year
2010:

 

	
  Annual Board retainer

  	
   

  	
  $

  	
  20,000

  	
   

  
	
  Lead Director

  	
   

  	
  5,000

  	
   

  
	
  Audit Committee chair

  	
   

  	
  15,000

  	
   

  
	
  Compensation Committee chair

  	
   

  	
  7,500

  	
   

  
	
  Nominating/Corporate Governance Committee chair

  	
   

  	
  2,500

  	
   

  

 

The company generally pays non-employee directors a
fee of $1,000 for each Board meeting attended, $500 for each committee meeting
attended, and reimburses them for out-of-pocket expenses of attending meetings.

 

Pursuant to the non-employee director option program
adopted on March 1, 2006, which is similar to the program that was
suspended in 2004, each non-employee director will also receive an automatic
grant of an option to purchase 2,500 shares of common stock annually upon
re-election to the Board by the stockholders. 
These options will be issued at a per share exercise price equal to the
fair market value of one share of common stock on the grant date and expire ten
years from the grant date.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}]]