AMENDED AND RESTATED PURCHASE OPTION AGREEMENT RECITALSPurchase Option Agreement • September 26th, 2006 • Diguang International Development Co., Ltd. • Electronic components & accessories • California
This Amended and Restated Purchase Option Agreement is entered into on May 12, 2006, between and among between Sino Olympics Industrial Limited, a British Virgin Islands corporation (“Optionor”), Diguang International Development Co. Ltd., a Nevada corporation formerly known as Online Processing, Inc. (“Optionee”), Shenzhen Diguang Electronics Co., Ltd., a PRC company (“Shenzhen Diguang”), and Messrs. Song Yi and Song Hong (collectively the "Songs”), both residents of the PRC. This agreement shall supercede the purchase option agreement entered on April 21, 2006 by the same parties.
