Re: Option to Purchase SharesOption to Purchase Shares • January 12th, 2010 • Postbinder Joseph • Retail-miscellaneous retail • Tel-Aviv
The undersigned (each a “Seller”, and jointly, the “Sellers”), each being a holder of (or, with respect to the Inherited Shares (as defined below), having a right to own) such amount of shares of common stock, par value $0.0001 per share (each, a Share), of Defense Industries International Inc. (the “Company”) as set forth opposite his or her name in the column titled “Option Shares” in Exhibit A hereto, hereby grant you an option to purchase all (and in no event less than all, other than as set forth in the second sentence of Section 2) of the Shares owned by the Sellers together with any other right they have or may have in the Company and any affiliate thereof (collectively, the “Option Shares”), on the terms and subject to the conditions set forth in this letter (the “Option”).
