Unassociated Document


    SHARE
      PURCHASE OPTION AGREEMENT

    


    INTERLINK
      GLOBAL CORP.,
      a
      corporation organized and existing under the Laws of the State of Nevada, United
      States of America (“Interlink”); and LANE BRIDGE OVERSEAS LTD., a corporation
      organized and existing under the Laws of British Virgin Islands (“LANE”), hereby
      declare:

    


    WHEREAS
      LANE has provided certain services to Interlink in connection with the
      negotiations of a debt reduction program in Communication Networks Holdings
      Ltd.


    a
      company
      incorporated and existing under the laws of Bermuda;

    


    WHEREAS
      LANE and Nera Networks AS, a corporation domiciled in Norway, have executed
      an
      agreement pursuant to which Lane can offer to Interlink products manufactured
      by
      Nera Networks AS at a discount of 20 % from Nera Networks AS global price list
      2005; 

    


    WHEREAS
      in consideration for the services described above (the “Services”), Interlink
      wishes to grant to LANE a purchase option on certain Interlink-Global Shares,
      as
      such term is defined in Section 1 below, and LANE wishes to accept such purchase
      option;

    


    NOW,
      THEREFORE, Interlink and LANE have agreed to enter into this stock purchase
      option Agreement for the Interlink Global Shares, to be governed by the
      following clauses:

    


    FIRST:
      In
      consideration for the Services rendered by LANE to Interlink, Interlink grants
      an exclusive and irrevocable purchase option to LANE to purchase the amount
      of
      Two Million (2,000,000) Interlink-Global Shares. For purposes of this agreement
      “Interlink-Global Shares” means common stock of Interlink, quoted on the OTC
      Market in the United States under the symbol ILKG (hereinafter the “Shares”).


    


    SECOND:
      Interlink agrees that the sale price of the Shares if the purchase option
      granted herein is exercised by LANE will be one cent of one United States of
      America Dollar (US$ 0,0001) per Share. 

    


    THIRD:
      In
      consideration for the granting of this option, LANE shall pay Interlink the
      amount of Ten U.S. Dollars (US$ 10.00).

    


    FOURTH:
      LANE may exercise the option granted by Interlink pursuant to this Agreement
      by
      means of a written notice addressed and delivered to Interlink, in accordance
      with the provisions of Clause Seventh of this Agreement. LANE must pay Interlink
      the sale price stipulated in the Clause Second either by bank draft or by wire
      transfer of immediately available funds as instructed by Interlink.


    


    LANE
      may
      exercise this option in any number of shares and as many times as it wish on
      any
      moment prior to the expiration date hereof. The purchase option referred to
      herein expires on December 31, 2009, unless Interlink and LANE agree to extend
      said term.

    


    FIFTH:
      The Interlink Global Shares to be granted to LANE shall not have diminished
      rights compared to shares already issued by Interlink including, but without
      being limited to, voting rights, dividends, tradability or any other common
      stock usual intrinsic right.

    


    SIXTH:
      Interlink hereby expressly undertakes to have each of the members of its
      management who jointly hold at least sixty percent (60%) of Interlink’s Shares,
      execute a separate agreement whereby each of such members accepts to refrain
      from selling their Shares to any third party, unless such third party
      additionally offers to purchase LANE’s Shares on the same terms and conditions
      as offered by the third party to the managers.

    


    In
      addition, in the event that LANE exercises the option granted under this
      Agreement, LANE undertakes to refrain from selling its Interlink’s Shares to any
      third party, unless LANE previously offers such Shares to Interlink on the
      same
      terms and conditions as offered by such third party to LANE. LANE shall have
      the
      right to sale the Shares to the interested third party upon Interlink’s failure
      to exercise the offer within fifteen (15) days following the date thereof.
      

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SEVENTH:
      Any notice or other communication required or permitted to be given to any
      of
      the parties to this Agreement shall be in writing. Any such notice shall be
      deemed to have been duly given or made when it shall be delivered by hand,
      post,
      recorded delivery, telecopier or telex to such parties at the address specified
      below:

    

      
        	
                To
                  Interlink:

              	
                Interlink
                  Global Corp.

              
	 	
                6205
                  Lagoon Dr.

              
	 	
                Suite
                  110 

              
	 	
                Miami,
                  FL 33126

              
	 	
                United
                  States Of America

              
	 	
                Attn.:
                  Mr. Ron Williams

              
	 	
                Phone:
                  (305) 261-2007

              
	 	
                Fax:
                  (305) 261-2250

              
	 	 
	
                To
                  LANE:

              	
                Kokstadvegen
                  23

              
	 	
                P.O.
                  Box 7090, N-5020 Bergen

              
	 	
                Norway

              
	 	
                Attn.:
                  Mr. Thor Jernes

              
	 	
                Fax:
                  (47) 55225299

              


      

    

     

    Or
      to
      such other address as a party may from time to time direct in
      writing.

    


    EIGHTH:
      The parties hereby agree to keep confidential the terms of this Agreement,
      as
      well as all materials and information acquired or received hereunder and prevent
      the disclosure of such information to any third party. The terms of this
      Agreement and the information acquired in connection with the Agreement may
      be
      disclosed only with the consent of each of the parties hereto. 

    


    NINETH:
      This Agreement shall be governed by, and construed in accordance with, the
      laws
      of the United Kingdom and the parties hereby irrevocably submit to the
      non-exclusive jurisdiction of the Courts of the United Kingdom.

    


    On
      the
      fifteenth (15th) day of March, 2006.

    


    By
      LANE

     

    /s/
      Alfonso
      Porras                                  


    Alfonso
      Porras

    Attorney
      in Fact

    


    By
      Interlink

    


    /s/
      Anastasios
      Kyriakides                    


    


    
      
        
        

      

      
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