LANDBANK GROUP, INC. OPTION TERMINATION AGREEMENT
EXHIBIT
10.2
LANDBANK
GROUP, INC.
THIS
OPTION TERMINATION AGREEMENT (this “Agreement”) is made as of
August __, 2007, by and among Landbank Group, Inc., a Delaware corporation
(the
“Company”), and ___________________________ (the
“Option Holder”).
1. Termination
of Options. The Company and the Option Holder hereby agree to
terminate the Options, effective as of the date of this Agreement.
2. Authorization. Each
party hereto represents and warrants that it is authorized to take the actions
contemplated hereunder and shall take such further actions and do such further
things necessary to fulfill the purposes of this Agreement.
3. Governing
Law. This Agreement shall be governed, construed and interpreted
in accordance with the laws of the State of California, without giving effect
to
principles of conflicts of law.
[Signature
Page Follows]
LANDBANK
GROUP, INC.
By:
Name:
Its:
OPTION
HOLDER
By:
Name:
(please print)