0001144204-09-002460 Sample Contracts

DEBT CONVERSION AGREEMENT
Debt Conversion Agreement • January 20th, 2009 • Frank Anthony M • Patent owners & lessors • California

THIS DEBT CONVERSION AGREEMENT (the “Agreement”) is made and entered into effective as of the 15th day of December, 2008, by and between ANTHONY M. FRANK, an individual (hereinafter referred to as “Buyer”) and MICRO IMAGING TECHNOLOGY, INC., a California corporation (hereinafter referred to as “MIT” or the “Company”).

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DEBT CONVERSION AGREEMENT
Debt Conversion Agreement • January 20th, 2009 • Frank Anthony M • Patent owners & lessors

THIS DEBT CONVERSION AGREEMENT (the “Agreement”) is made and entered into effective as of the 15th day of December, 2008, by and between ANTHONY M. FRANK, as Trustee for the Anthony M. Frank Keogh Plan UTA Charles Schwab & Co., Inc (hereinafter referred to as “Buyer”) and MICRO IMAGING TECHNOLOGY, INC., a California corporation (hereinafter referred to as “MIT” or the “Company”).

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