Option Agreement between Sputnik Enterprises, Inc. and Sputnik, Inc. for Common Stock Purchase Rights
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Summary
Sputnik Enterprises, Inc. has granted Sputnik, Inc. the right to purchase 35 million shares of its common stock for a total price of $1.00. This option can be exercised at any time within five years at the sole discretion of Sputnik, Inc. The agreement is effective as of November 19, 2008, and is signed by David LaDuke, President of both companies.
EX-10.2 2 ex10-2.htm OPTION AGREEMENT EX 10.2
OPTION AGREEMENT
The undersigned do hereby agree this 19th day of November, 2008 to issue this day an option and do hereby issue an option in this agreement, exercisable at any time in Sputnik’s sole and absolute discretion, with expiring in 5 years, to acquire 35,000,000 shares of Sputnik Enterprises, Inc. common stock for the aggregate sum of $1.00.
Sputnik Enterprises, Inc.
By:
David LaDuke, President
Sputnik, Inc.
By:
David LaDuke, President
