EXHIBIT 10.9 (g)
LOAN SATISFACTION AGREEMENT
Pursuant to the terms of that certain Subscription Agreement dated
November 1, 2002, the undersigned as the assignee (the "Holder") of $260,000 of
obligations due from I. T. Technology, Inc. (the "Obligor") pursuant to that
certain Loan Agreement dated November 8, 2000 (the "Loan") has agreed that, in
full satisfaction of all amounts due and owing by the Obligor to the Holder
under the Loan or $260,000 (USD), as of the date hereof, to accept 2,600,000
restricted shares of the Obligor's $ .0002 (USD) par value per share common
stock (the "Shares") (the "Exchange").
In connection with the Exchange, Holder acknowledges receipt of the
certificates representing the Shares and Obligor acknowledges full satisfaction
of all amounts due pursuant to the Loan.
PERFECT OPTICAL CORPORATION.
By: /s/ Xxxxxx Xxxxxxxx
Name:
Its: PRES.
I. T. TECHNOLOGY, INC.
By: /s/ Yam-Hin Tan
Name: Yam-Hin Tan
Its: DIRECTOR