PALOMAR ENTERPRISES, INC.
Palomar Enterprises, Inc.
120 Birmingham, Suite 110-G
Cardiff, California 92007
Purchase of shares of the common stock in Palomar Enterprises, Inc.
Subscription . The undersigned hereby applies to purchase the number of shares of the common
stock in Palomar Enterprises, Inc., a Nevada corporation (the “Company”) indicated below in accordance with
the terms of this Subscription Agreement and the placement materials relating to the offering (the “Offering”) of
the shares of the common stock (such placement materials, including all financial statements, exhibits and
schedules contained therein or attached thereto, and any amendments and supplements thereto, is hereinafter
referred to as the “Offering Materials”). Any capitalized terms used herein shall have the same meaning as used
in the Offering Materials. The undersigned has received a copy of the Offering Materials. The shares of the
common stock are being offered by the Company. Subject to the terms and conditions of the Offering Materials
and this Subscription Agreement, the undersigned hereby has the option to purchase 24,000,000 shares of the
common stock at a price of .03 Euros per share. The subscriber has the right to execute the option for blocks of
100,000 shares of common stock (Reg S) on his own discretion. The amount payable is due within 10 days after
execution of the option or parts of it. The amount due will be transferred to the company’s bank account by
international banking wire transfer.
Acceptance and Subscription . The undersigned understands and agrees that this subscription is
made subject to the following terms and conditions:
The Company will have the right to reject this subscription, in whole or in part.
This subscription will be deemed to be accepted by or on behalf of the Company only
when it is signed by the Company.
The Company will have no obligation to accept subscriptions fo