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EXHIBIT 4.5
BUY-OUT OPTION
This buy-out option is between _________________________ and AmeriVision
Communications, Inc.
__________________________ is a purchaser of shares of common stock at
a purchase price of ___________ per share on _____________________.
AmeriVision Communications, Inc. will buy back the stock purchased by the above
shareholder in the following manner.
1) AmeriVision stock held less than one year will receive 10%
return.
2) AmeriVision stock held from one year to 18 months will receive a
15% return.
3) AmeriVision stock held for 18 months to 36 months will receive an
18% return.
4) AmeriVision stock held for over 36 months will receive 90% of the
market established by AmeriVision management. (Accounts on line
producing revenue times $200 divided by number of shares
outstanding times 90%)
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Date Xxxxx Xxxxxx, President
AmeriVision Communications, Inc.
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Witness ,Stockholder
Interest is figured on an annual percentage rate. This buy-back agreement is at
the option of the stockholder.