MUTUAL RESCISSION OF NOTE CONVERSION(S) AND REINSTATEMENT OF DEBT AGREEMENTMutual Rescission of Note Conversion(s) and Reinstatement of Debt Agreement • July 25th, 2013 • Verity Corp. • Refrigeration & service industry machinery • Nevada
This Mutual Rescission of Note Conversion(s) and Reinstatement of Debt Agreement (the “Rescission Agreement” or “Agreement”) is entered into effective this 23rd day of July, 2013 by and between Verity Corp (f/k/a AquaLiv Technologies, Inc.), a Nevada corporation (“Verity”), Silverdale Partners, LP, a Washington state limited partnership (“Silverdale”), Old Sawmill Partners, LLC, a Washington state limited liability company (“Old Sawmill”), Amboy Equities, Inc., a New York corporation (“Amboy”), Fide Management, Inc., a New York corporation (“Fide”), and Virtu Consulting Services, Inc., a New York corporation (“Virtu”). Each of Verity, Silverdale, Old Sawmill, Amboy, Fide, and Virtu shall be referred to as a “Party” and collectively as the “Parties.”
