Release of the Indebtedness. In consideration of the issuance by the Company to the Holder of the Shares, the Holder hereby irrevocably, unconditionally, and forever releases, acquits, and discharges the Company from any and all liability, debts, demands and rights relating to, and any cause of action that could have been asserted in connection with, the Indebtedness.
Appears in 3 contracts
Samples: Conversion Agreement (Source Gold Corp.), Agreement for Conversion of Indebtedness to Series B Voting Preferred Stock (Grid Petroleum Corp.), Conversion Agreement (MICROELECTRONICS TECHNOLOGY Co)
Release of the Indebtedness. In consideration of the issuance by the Company to the Holder Holders of the Shares, the Holder Holders hereby irrevocably, unconditionally, and forever releases, acquits, and discharges the Company from any and all liability, debts, demands and rights relating to, and any cause of action that could have been asserted in connection with, the Indebtedness.
Appears in 2 contracts
Samples: Agreement for Conversion of Indebtedness to Series B Voting Preferred Stock (Pleasant Kids, Inc.), Agreement for Conversion of Indebtedness to Series B Voting Preferred Stock (Pleasant Kids, Inc.)
Release of the Indebtedness. In consideration of the issuance by the Company to the Holder of the SharesRestricted Shares of Common Stock, the Holder hereby irrevocably, unconditionally, and forever releases, acquits, and discharges the Company from any and all liability, debts, demands and rights relating to, and any cause of action that could have been asserted in connection with, the Indebtedness.
Appears in 1 contract
Samples: Agreement for Conversion of Indebtedness to Restricted Shares of Common Stock (No Borders, Inc.)
Release of the Indebtedness. In consideration of the issuance by the Company to the Holder of the Preferred Shares and Common Shares, the Holder hereby irrevocably, unconditionally, and forever releases, acquits, and discharges the Company from any and all liability, debts, demands and rights relating to, and any cause of action that could have been asserted in connection with, the Indebtedness.
Appears in 1 contract
