FORBEARANCE AGREEMENTForbearance Agreement • March 27th, 2012 • Cirtran Corp • Beverages • Utah
This RATIFICATION AGREEMENT (this “Agreement”) is made as of March 1, 2012 by and between IH YA 2011, LLC, a Delaware limited liability company (the “Pledgor”), and YA GLOBAL INVESTMENTS, L.P., a Cayman Island exempt limited partnership (the “Secured Party”) in consideration of the mutual covenants herein contained and benefits to be derived herefrom.
FORBEARANCE AGREEMENTForbearance Agreement • March 27th, 2012 • Cirtran Corp • Beverages • California
THIS FORBEARANCE AGREEMENT (“Agreement”) is entered into as of March 1, 2012 (the “Effective Date”), by and among Advanced Beauty Solutions, LLC (“ABS”), a California limited liability company; and CirTran Corporation, a Nevada Corporation (“Judgment Debtor” or “CIRTRAN”); CirTran Beverage, Corp., a Utah corporation (“CirTran Beverage”); CirTran Product Corp., a Utah corporation (“CirTran Products”); CirTran Media Corp., a Utah corporation (“CirTran Media”); and Iehab Hawatmeh, an individual (“Iehab”) (the Judgment Debtor together with CirTran Beverage, CirTran Products, CirTran Media, and Iehab are individually and collectively referred to herein as the “CirTran Parties”).
