DEBT CONVERSION AGREEMENTDebt Conversion Agreement • October 23rd, 2002 • Electropure Inc • Patent owners & lessors • California
THIS DEBT CONVERSION AGREEMENT (the "Agreement") is made and entered into effective as of the 21st day of October, 2002, by and between ANTHONY M. FRANK, TTEE, ANTHONY M. FRANK DEFINED BENEFIT PENSION PLAN, UNDER AGREEMENT DATED 12/01/98, FBO: SHIRLEY M. PEGG, (hereinafter referred to as "Buyer") and ELECTROPURE, INC., a California corporation (hereinafter referred to as "Electropure" or the "Company").
