STOCK SUBSCRIPTION AGREEMENT

 

 

To the Board of Directors of UtiliPoint International, Inc.

 

For a period of up to two (2) months after the date hereof, the undersigned hereby subscribes to purchase the no par value common stock of UtiliPoint International, Inc. in such amounts and at such times as the Subscriber (or its Permitted Transferees as defined in the Stockholders Agreement) determines, in its sole discretion, up to the maximum consideration and number of shares set forth opposite its name below.

 

Name	Consideration	Number of Shares
Knox Lawrence International, LLC	$100,000	2,000

 

Subscriber hereby represents and states the securities are being purchased for investment for its own account and not with a view towards the distribution thereof.  Subscriber acknowledges the securities were not offered for sale by means of publicly disseminated advertisements or sales literature.

 

Accepted this 1st day

of July, 2009.

 

UTILIPOINT INTERNATIONAL, INC.

 

By: /s/ CD Hobbs                                           

Name: CD Hobbs

Title: President and CEO