0001137091-06-000064 Sample Contracts

ACCORD AND SATISFACTION AGREEMENT
Accord and Satisfaction Agreement • July 20th, 2006 • Cobalis Corp • Pharmaceutical preparations

THIS ACCORD AND SATISFACTION AGREEMENT ("Agreement") is made and entered into in multiple counterparts this 17th day of July, 2006, by and between Cobalis Corp., a Nevada corporation ("Obligor"), and Radul Radovich, as an individual, St. Petka Trust, organized in Delaware, R and R Holdings, Inc., a Nevada corporation, R R Development, a California corporation, and Silver Mountain Promotions, Inc., a Nevada corporation (referred to herein as either "Obligee" or “Obligees”), or collectively, the “Parties”.

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