0001354488-11-002265 Sample Contracts

SECURITIES SETTLEMENT AGREEMENT

Securities Settlement Agreement • July 20th, 2011 • Pervasip Corp • Telephone communications (no radiotelephone) • New York

• Contract Type
  Securities Settlement Agreement
• Filed
  July 20th, 2011
• Company
  Pervasip Corp
• Industry
  Telephone communications (no radiotelephone)
• Jurisdiction
  New York

THIS AGREEMENT (“Agreement”) is by and between ______________ (“CLAIMANT”) and the undersigned ("COMPANY" or "DEBTOR") and is entered into as of the effective date below, all with reference to the following facts, which the parties agree are true and correct:

PERSAVIP CORP. 8% CONVERTIBLE PROMISSORY NOTE DUE JULY 18, 2012

Convertible Promissory Note • July 20th, 2011 • Pervasip Corp • Telephone communications (no radiotelephone)

• Contract Type
  Convertible Promissory Note
• Filed
  July 20th, 2011
• Company
  Pervasip Corp
• Industry
  Telephone communications (no radiotelephone)

THIS Note is a duly authorized issuance of up to $200,000.00 of PERSAVIP CORP., a New York corporation and located at 75 South Broadway, Suite 400, White Plains, New York 10601 (the "Company") designated as its Convertible Note.