INVESTOR SUBSCRIPTION AGREEMENT FOR AVIATOR ALES, INC. COMMON STOCK PERSONS INTERESTED IN PURCHASING SHARES OF THE COMPANY'S COMMON STOCK (THE "SHARES") MUST COMPLETE AND RETURN THIS SUBSCRIPTION AGREEMENT ALONG WITH THEIR PURCHASE PRICE IN CASH, CHECK, VISA OR MASTERCARD CHARGE TO: AVIATOR ALES, INC. 14316 NE 203RD STREET, WOODINVILLE, WASHINGTON 98072 THE ORIGINAL SIGNED AND ACCEPTED COPY OF THIS AGREEMENT WILL BE RETURNED TO YOU AS YOUR RECEIPT, AND A STOCK CERTIFICATE WILL BE ISSUED TO YOU SHORTLY THEREAFTER. CHECKS SHOULD BE MADE PAYABLE TO: FIRST INTERSTATE BANK/AVIATOR ALES, INC. I hereby irrevocably tender this Subscription Agreement for purchase of _________ Shares at the per share at $1.85 per share (minimum 300 shares). With this Subscription Agreement, I tender payment in the amount of $____________ ($1.85 per share), for the Shares subscribed. The "Date of Purchase" is the postmark date on the envelope containing this Subscription Agreement together with the investor's purchase price. Method of Payment: Check (Make Payable to VISA MasterCard All sales of shares are ---- ---- ---- final, credit card refunds "First Interstate Bank/Aviator cannot be made after the Ales, Inc." Company accepts the Subscription Agreement. Card # Expiration Date Signature --------------- -------------------- ------------------------------------------- In connection with my investment in the Company, I represent and warrant as follows: a) Prior to tendering payment for the Shares, I received a copy of the Company's Prospectus. b) I am resident of the State of . ------------------------------------------ The Shares which I am purchasing shall be issued as follows (check one): Individual Ownership (one signature required) Corporation (authorized agent of corporation must sign) --- --- Joint Tenants with Right of Survivorship (all parties must sign; Partnership (authorized agent of partnership must sign; ---commonly used in situations where spouses are investing and ---commonly a business or investment group) desire assets to pass to the surviving spouse, free of probate) Tenants-in-Common (all parties must sign; each investor has an Trust (trustee must sign) ---undivided interest, absent an agreement) --- Other: Please specify --- --------------------------------- ------------------------------------------------------- PLEASE PRINT, ON THE LINE(S) BELOW, THE EXACT NAME(S) YOU DESIRE ON THE STOCK CERTIFICATE. - ---------------------------------- ---------------------------------- Investor No. 1 (Print Name Above) Investor No. 2 (Print Name Above) - ---------------------------------- ---------------------------------- Street (Mailing Address) Street (Mailing Address) - ---------------------------------- ---------------------------------- City State Zip City State Zip - ---------------------------------- ---------------------------------- Home Phone Home Phone - ---------------------------------- ---------------------------------- Date of Birth Date of Birth - ---------------------------------- ---------------------------------- Social Security Number Social Security Number The undersigned acknowledged under The undersigned acknowledged under the penalties of perjury that the the penalties of perjury that the foregoing information is true, foregoing information is true, accurate and complete. accurate and complete. - ---------------------------------- ---------------------------------- Signature Date Signature Date ACCEPTED BY: AVIATOR ALES, INC. - ---------------------------------- ----------- ------------------- By: James W. Bernau, President Date Subscription Number