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OPTION AGREEMENT

Option Agreement

OPTION AGREEMENT | Document Parties: DRS Inc You are currently viewing:
This Option Agreement involves

DRS Inc

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Title: OPTION AGREEMENT
Date: 7/18/2008

OPTION AGREEMENT, Parties: drs inc
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Exhibit 10.2

OPTION AGREEMENT


The following agreement will specifically detail the option program attached to the purchase of shares in DRS Inc.’s PPM.  The minimum investment made in the Private Placement Memorandum dated 12/14/2006, is $10,000 US dollars to receive a lower cost option.

The option program is offered exclusively to the original “seed investors” of DRS Inc. during its Private Placement. The “seed investor” will be allowed to purchase an equal number of shares to its original shares, based on the total dollars spent.  Each investor will have the right to exercise one or more of the option choices best suited to his or her investment goals, within the specified time restrictions stated within each option.  Thus, the investor can choose to purchase additional shares under one or more of the four option programs, allowing for the maximum purchase of three times the number of shares made in his original investment.

Option 1 .  For every share purchased by a “seed investor “ of $5,000 dollars or more through the PPM, the investor will have the right to exercise an option allowing him to purchase another share at the original investment price of $.75 cents per share.  The option period will be valid for twelve months from the date of the original PPM investment.  The number of shares in the option agreement available to be exercised is tied to the precise number of shares purchased in the original PPM investment.  A minimum investment of $5,000.00 US dollars, gives the investor the right to purchase a maximum of $5,000 dollars of additional shares at $.75 cents per share. The greater the number of shares purc

 
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