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EXHIBIT 10.12
___________, 1996
Re: Option to Purchase Common Stock in
Aristo International Corporation ("Aristo")
Dear _____________:
This letter will confirm that _________ has an option to purchase
______ shares of Aristo common stock, $.001 par value per share, at an exercise
price of $____ per share. The option exercise period shall be from the date
hereof until __________________. As consideration for granting this option,
_____________ shall pay Aristo $__________.
In the event the option will not be exercised, __________________ may
call for the option consideration to be returned at any time during the period
beginning _____ days after the date hereof and ending on __________________.
If the foregoing conforms to your understanding of our agreement,
please sign one copy of this letter and return it to the undersigned. Retain the
other copy for your records.
Very truly yours,
Xxxxx Xxxxx
President and Chief Executive Officer
ACCEPTED AND AGREED TO:
By: ________________________
