0001127855-14-000142 Sample Contracts

MUTUAL RESCISSION AGREEMENT AND GENERAL RELEASE
Mutual Rescission Agreement and General Release • April 3rd, 2014 • Sollensys Corp. • Services-computer processing & data preparation

This Mutual Rescission Agreement and General Release (“Rescission Agreement”) is entered into as of March 19, 2014 (“Effective Date”) by and between Sollensys, Inc., a Nevada corporation (“Sollensys NV”), Sollensys Corporation, a South Korea corporation (“Sollensys KR”) and the Shareholders of Sollensys KR (“Shareholders”). The parties to this Rescission Agreement are sometimes individually referred to herein as a “Party” or collectively, as the “Parties.”

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