0001214659-10-002876 Sample Contracts

DEBT CONVERSION AGREEMENT
Debt Conversion Agreement • November 5th, 2010 • Invisa Inc • Industrial instruments for measurement, display, and control • Florida

This Debt Conversion Agreement (this “Agreement”) is made as of November 4, 2010 by Invisa, Inc., a Nevada corporation (“Invisa”) and Centurian Investors, Inc., a Delaware corporation (“Centurian”).

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MATURITY EXTENSION AGREEMENT
Maturity Extension Agreement • November 5th, 2010 • Invisa Inc • Industrial instruments for measurement, display, and control

Reference is made to that certain senior secured promissory note, dated March 17th, 2010 by Invisa, Inc., a Nevada corporation, having a business at 1800 2nd Street, Suite 965, Sarasota, Florida 34236 (the “Borrower”), and in favor of Centurian Investors, Inc., a Delaware corporation, having an address at 1800 2nd Street Suite 970, Sarasota, Florida 34236 (the “Lender”) in the principal amount of up to One Hundred Fifty Thousand ($150,000.00) Dollars (the “Note”).

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