0001193125-07-032944 Sample Contracts

NOTE CONVERSION AGREEMENT
Note Conversion Agreement • February 15th, 2007 • Cygne Designs Inc • Women's, misses', and juniors outerwear • New York

THIS NOTE CONVERSION AGREEMENT (this “Agreement”) is made and entered into effective as of January 31, 2007, by and between Serge Kraif (the “Holder”), and Cygne Designs, Inc., a Delaware corporation (the “Company”).

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