RESCISSION AGREEMENTRescission Agreement • November 29th, 2006 • Shearson Financial Network Inc • Finance services • Nevada
Contract Type FiledNovember 29th, 2006 Company Industry JurisdictionTHIS RESCISSION AND SETTLEMENT AGREEMENT (the "Agreement"), dated and effective as of November 9, 2006 (the "Effective Date"), by and among Michael McHugh ("Michael"), Bruce Silva ("Bruce"), and Thomas Monte ("Thomas" and, collectively with Michael and Bruce, the "Sellers"); Continental Home Loans, Inc. ("CHL"), a corporation organized and existing under the laws of the State of New York; and Shearson Financial Network, Inc. ("SFN" or the "Company"), a corporation organized and existing under the laws of the State of Nevada. The Sellers, CHL and the Company are sometimes, individually referred to herein as a "Party" and collectively referred to herein as the "Parties".