EXCHANGE AGREEMENTExchange Agreement • July 13th, 2020 • RespireRx Pharmaceuticals Inc. • Pharmaceutical preparations • New York
Arnold S. Lippa (the “Employee”) enters into this Agreement (this “Agreement”) with RespireRx Pharmaceuticals Inc., a Delaware corporation (the “Company”) on July 13, 2020, whereby Employee will exchange certain accrued compensation owed to the Employee by the Company for shares of Series H 2% Voting, Non-Participating, Convertible Preferred Stock, par value $0.001 (the “Preferred Stock”), of the Company (the “Exchange”).
