Mutual Rescission of Note Conversion(s) and Reinstatement of Debt Agreement Sample Contracts

MUTUAL RESCISSION OF NOTE CONVERSION(S) AND REINSTATEMENT OF DEBT AGREEMENT

Mutual Rescission of Note Conversion(s) and Reinstatement of Debt Agreement • July 25th, 2013 • Verity Corp. • Refrigeration & service industry machinery • Nevada

• Contract Type
  Mutual Rescission of Note Conversion(s) and Reinstatement of Debt Agreement
• Filed
  July 25th, 2013
• Company
  Verity Corp.
• Industry
  Refrigeration & service industry machinery
• Jurisdiction
  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.”