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Exhibit
10.3
AMENDMENT
TO
DRS INC. OPTION AGREEMENT
The
following terms and conditions are hereby incorporated in and
made a part of DRS Inc. Option Agreement, dated
_______________, by and between DRS Inc. (the Company) and
_____________________________ (Shareholder):
The
expiration date given to exercise Options to purchase shares
of Common Stock set forth in Exhibit E attached to the
Company’s Private Placement Memorandum
(“PPM”) and dated December 14, 2006, has been
modified so that Options may be exercised following the date
the Company’s registration of Common Stock, through Form
S-1, becomes effective.
The
expiration dates will be amended as follows:
For
those who qualify to receive Option 1 as outlined in the PPM
Option Agreement, the expiration date of the Option will be
twelve (12) months from the date that the Registration of the
Company’s Common Stock becomes effective.
For
those who qualify to receive Option 2 as outlined in the PPM
Option Agreement, the e
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