0001354488-11-002265 Sample Contracts

SECURITIES SETTLEMENT AGREEMENT
Securities Settlement Agreement • July 20th, 2011 • Pervasip Corp • Telephone communications (no radiotelephone) • 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:

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PERSAVIP CORP. 8% CONVERTIBLE PROMISSORY NOTE DUE JULY 18, 2012
Pervasip Corp • July 20th, 2011 • 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.

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