Exhibit 10.10 Common Stock Option Rescission Agreements
Rescission Agreement
This Agreement is made by and between Xxxxxxx X. Xxxxxxx, "Xx. Xxxxxxx", and
Emergency Filtration Products, Inc., the "Company", a Nevada Corporation.
Whereas the Company wishes to grant Xx. Xxxxxxx shares of the common stock of
the Company in exchange for canceling all outstanding option agreements;
And Whereas Xx. Xxxxxxx wishes to accept shares of the common stock of the
Company in exchange for canceling all outstanding option agreements;
Now therefore in consideration of the above premise, the parties agree as
follows:
1. All option agreements executed by and between the Company and Xx. Xxxxxxx
are cancelled, null and void;
2. The Company shall issue Xx. Xxxxxxx 25,000 shares of the common stock of
the Company.
In Witness Hereof, the parties hereto have executed this Agreement effective as
of the date indicated below.
Dated: August 15, 2002
Signed:\s\Xxxxxxx X. Xxxxxxx Signed:\s\Xxxxx Xxxxx
--------------------- ----------------------------
Xxxxxxx X. Xxxxxxx Xxxxx Xxxxx, Secretary Treasurer
Emergency Filtration Products, Inc.
106
Rescission Agreement
This Agreement is made by and between Xxxxx Xxxxx, "Xx. Xxxxx", and Emergency
Filtration Products, Inc., the "Company", a Nevada Corporation.
Whereas the Company wishes to grant Xx. Xxxxx shares of the common stock of the
Company in exchange for canceling all outstanding option agreements;
And Whereas Xx. Xxxxx wishes to accept shares of the common stock of the Company
in exchange for canceling all outstanding option agreements;
Now therefore in consideration of the above premise, the parties agree as
follows:
3. All option agreements executed by and between the Company and Xx. Xxxxx are
cancelled, null and void;
4. The Company shall issue Xx. Xxxxx 25,000 shares of the common stock of the
Company.
In Witness Hereof, the parties hereto have executed this Agreement effective as
of the date indicated below.
Dated: August 15, 2002
Signed:\s\Xxxxx Xxxxx Signed:\s\Xxxxxxx X. Xxxxxxx
-------------------- -----------------------------
Xxxxx Xxxxx Xxxxxxx X. Xxxxxxx, President
Emergency Filtration Products, Inc.
107
Rescission Agreement
This Agreement is made by and between Xxxxx Xxxxxx, "Xx. Xxxxxx", and Emergency
Filtration Products, Inc., the "Company", a Nevada Corporation.
Whereas the Company has given consideration to Xx. Xxxxxx for canceling all
outstanding option agreements;
And Whereas Xx. Xxxxxx has accepted consideration in exchange for canceling all
outstanding option agreements;
Now therefore in consideration of the above premise, the parties agree as
follows:
5. All option agreements executed by and between the Company and Xx. Xxxxxx
are cancelled, null and void.
In Witness Hereof, the parties hereto have executed this Agreement effective as
of the date indicated below.
Dated: August 15, 2002
Signed:\s\Xxxxx Xxxxxx Signed:\s\Xxxxx Xxxxx
---------------- ----------------------------
Xxxxx Xxxxxx Xxxxx Xxxxx, Secretary Treasurer
Emergency Filtration Products, Inc.
108
Rescission Agreement
This Agreement is made by and between Xxxxxxx Xxxxxx, "Xx. Xxxxxx", and
Emergency Filtration Products, Inc., the "Company", a Nevada Corporation.
Whereas the Company wishes to grant Xx. Xxxxxx shares of the common stock of the
Company in exchange for canceling all outstanding option agreements;
And Whereas Xx. Xxxxxx wishes to accept shares of the common stock of the
Company in exchange for canceling all outstanding option agreements;
Now therefore in consideration of the above premise, the parties agree as
follows:
6. All option agreements executed by and between the Company and Xx. Xxxxxx
are cancelled, null and void; 7. The Company shall issue Xx. Xxxxxx 25,000
shares of the common stock of the Company.
In Witness Hereof, the parties hereto have executed this Agreement effective as
of the date indicated below.
Dated: August 15, 2002
Signed:\s\Xxxxxxx Xxxxxx Signed:\s\Xxxxx Xxxxx
----------------- ------------------------------
Xxxxxxx Xxxxxx Xxxxx Xxxxx, Secretary Treasurer
Emergency Filtration Products, Inc.
109
Rescission Agreement
This Agreement is made by and between Xxxxxxx Xxxx, "Xx. Xxxx", and Emergency
Filtration Products, Inc., the "Company", a Nevada Corporation.
Whereas the Company wishes to grant Xx. Xxxx shares of the common stock of the
Company in exchange for canceling all outstanding option agreements;
And Whereas Xx. Xxxx wishes to accept shares of the common stock of the Company
in exchange for canceling all outstanding option agreements;
Now therefore in consideration of the above premise, the parties agree as
follows:
8. All option agreements executed by and between the Company and Xx. Xxxx are
cancelled, null and void;
9. The Company shall issue Xx. Xxxx 25,000 shares of the common stock of the
Company.
In Witness Hereof, the parties hereto have executed this Agreement effective as
of the date indicated below.
Dated: August 15, 2002
Signed:\s\Xxxxxxx Xxxx Signed:\s\Xxxxx Xxxxx
--------------- -----------------------------
Xxxxxxx Xxxx Xxxxx Xxxxx, Secretary Treasurer
Emergency Filtration Products, Inc.
110
