DRS Inc. Option Agreement for Purchase of Common Stock

Contract Categories: Business Finance › Warrant Agreements
Summary

This agreement allows purchasers of DRS Inc. common stock (OTCBB: DRSX) to receive options to buy additional shares at set prices, depending on their investment amount. The option price and period vary: smaller investments get higher prices and shorter terms, while larger investments get lower prices and longer terms. All shares acquired through these options must be held for at least six months after exercise. The agreement is signed by the purchaser and DRS Inc. directors.

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EX-4.5 4 ex4-5.htm FORM OF OPTION AGREEMENT ex4-5.htm
Exhibit 4.5
 
OPTION AGREEMENT

DRS Inc.

Option #1:  For an investment of $0.00 dollars to $9,999 dollars, the purchaser of publicly trading DRS Inc. common stock, OTCBB symbol DRSX, will be granted an option to purchase a like number of shares for $.75 cents per share for an option period of twelve months from the executed date of purchase and stated below.
 
 
Option #2:  For an investment of $10,000 dollars to $49,999 dollars, the purchaser of publicly trading DRS Inc. common stock, OTCBB symbol DRSX, will be granted an option to purchase a like number of shares for $.50 cents per share for an option period of twenty-four months from the executed date of purchase and stated below.
 
 
Option #3: For an investment of $50,000 dollars to $99,999 dollars, the purchaser of publicly trading DRS Inc. common stock, OTCBB symbol DRSX, will be granted an option to purchase a like number of shares purchased for $.35 cents per share for an option period of twenty-four months from the executed date of purchase and stated below.

Option #4:  For an investment of $100,000 dollars or more, the purchaser of publicly trading DRS Inc. common stock, OTCBB symbol DRSX, will be granted an option to purchase a like number of shares for $.25 cents per share for an option period of twenty-four months from the executed date of purchase and stated below.

Options purchased through this Stock Purchase Agreement will bear a restrictive legend on the certificate requiring the purchaser to hold his/her shares for at least six months once the options are exercised.



By: ______________________________________            Date: _____________________
       Shareholder



____________________________________
Daniel Mendes, Director, DRS Inc.


____________________________________
George Guimont, Director, DRS Inc.


_____________________
Date