AGREEMENT AND RELEASEAgreement and Release • March 25th, 2008 • Prevention Insurance Com Inc • Insurance agents, brokers & service • New York
Contract Type FiledMarch 25th, 2008 Company Industry JurisdictionThis Agreement and Release (“Agreement”) is entered into as of February 5, 2008, by and between Prevention Insurance.com, Inc., a Nevada corporation located at 2770 So. Maryland Pkwy., Las Vegas, NV 89109 (the "Company"); Scott Goldsmith, an individual with an address at 2770 So. Maryland Pkwy., Las Vegas, NV 89109 (“Goldsmith”); and Paragon Capital LP, a Delaware limited partnership located at 110 East 59th Street, 29th Floor, New York, NY 10022 (“Paragon”).
SCHEDULE A PARAGON CAPITAL LP NEW YORK, NY 10022Prevention Insurance Com Inc • March 25th, 2008 • Insurance agents, brokers & service
Company FiledMarch 25th, 2008 IndustryThe following sets forth the agreement (this “Agreement”) between Paragon Capital, LP (“Paragon”), Scott Goldsmith (“Goldsmith”) and Prevention Insurance.com, Inc. (the “Company”) for the payment of a total of $600,000 to Goldsmith as set forth below for the settlement of all outstanding debts and liabilities owed by the Company and the spin-off of all of the shares of the Company’s subsidiary, Quick Pay, Inc. to Goldsmith: