OPTION TO PURCHASE COMMON STOCK
EXHIBIT
1.1
OPTION
TO PURCHASE
COMMON
STOCK
WHEREAS, Xxx Xxx Technology Co., Ltd.
("Xxx Xxx"), an entity of the Republic of China (Taiwan), doing business at Xx.
00, Xxxxx Xx 0xx Xxxxxx, Xxx Xx Xxxxxx, Xxxxxx Xxxxxx 00000, Xxxxxx, Xxxxxxxx xx
Xxxxx, is the owner of 6,043,704 shares (the "InMedica Shares") of restricted
common stock of InMedica Development Corporation, a Utah corporation
("InMedica"); and
WHEREAS, Xxx Xxx is also the owner of
425,000 shares of restricted common stock (the "MicroCor Shares") of MicroCor
Inc., a Utah corporation ("MicroCor"); and
WHEREAS, Synergistic Equities Ltd.
("SE") of 00 Xxxxxxxxx Xxxxxx, Xxxxxx, Bahamas desires to acquire an option to
purchase the InMedica Shares;
THEREFORE, for good and valuable
consideration, the receipt and sufficiency of which is hereby
acknowledged:
OPTION
Xxx Xxx
hereby grants to SE an option to purchase the InMedica Shares and the MicroCor
Shares for an aggregate purchase price of $114,500 US. This Option shall be
exercisable by SE for a period commencing with the date hereof through and
including January 8, 2010. Exercise hereof shall occur by SE giving
notice to Xxx Xxx at the above address of the exercise of this Option, which may
be confirmed by email or fax, and delivery of certified funds in the amount of
$114,500 to Xxx Xxx either by certified check or by wire transfer as directed by
Xxx Xxx. SE may transfer all or a portion of this Option to one or more third
parties. SE and Xxx Xxx each agrees that it will be responsible to report to the
U.S. Securities and Exchange Commission its respective acquisition or grant of
this Option to acquire or sell beneficial ownership in InMedica, pursuant to the
appropriate forms under Section 16A of the Securities Exchange Act of 1934 and
the Xxxxxxxx Act of the federal securities laws.
Dated the 10th day of September, 2009.
| XXX XXX TECHNOLOGY CO., LTD | |||
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By:
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/s/ Yeou-Xxxx Xxx |
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| Xxxx-Xxxx Xxx, President | |||
