0001086715-08-000066 Sample Contracts

RESCISSION AND SETTLEMENT AGREEMENT
Rescission and Settlement Agreement • August 11th, 2008 • Independent Film Development CORP • Investors, nec • California

AGREEMENT made this 6th day of August 2008, by and between INDEPENDENT FILM DEVELOPMENT CORPORATION, a Nevada corporation (hereinafter “The Company”), and IMPERIA ENTERTAINMENT, INC.,(hereinafter “Imperia”) and its preferred shareholders, KENNETH EADE, GEORGE IVAKHNIK, JEFFREY VOLPE and GREGORY ALLEN WEBB (hereinafter collectively “Releasers”), provides as follows:

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RESCISSION AND SETTLEMENT AGREEMENT
Rescission and Settlement Agreement • August 11th, 2008 • Independent Film Development CORP • Investors, nec • California

AGREEMENT made this 6th day of August 2008, by and between INDEPENDENT FILM DEVELOPMENT CORPORATION, a Nevada corporation (hereinafter “The Company”), and KENNETH EADE (hereinafter “Releaser”), provides as follows:

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