Debt Satisfaction and Release Agreement Sample Contracts

MEMORANUDM OF UNDERSTANDING AND AMENDMENTS THERETO

Debt Satisfaction and Release Agreement • March 31st, 2011 • Titanium Group LTD • Services-computer integrated systems design • New York

• Contract Type
  Debt Satisfaction and Release Agreement
• Filed
  March 31st, 2011
• Company
  Titanium Group LTD
• Industry
  Services-computer integrated systems design
• Jurisdiction
  New York

· Crescent International Ltd. (“Crescent”), Chestnut Ridge Partners, LP (“Chestnut Ridge”) and Whalehaven Capital Fund Limited (“Whalehaven”, each, a “Holder”, and collectively, Crescent, Chestnut Ridge and Whalehaven, the “Holders”);

DEBT SATISFACTION AND RELEASE AGREEMENT

Debt Satisfaction and Release Agreement • June 6th, 2011 • Titanium Group LTD • Services-computer integrated systems design • New York

• Contract Type
  Debt Satisfaction and Release Agreement
• Filed
  June 6th, 2011
• Company
  Titanium Group LTD
• Industry
  Services-computer integrated systems design
• Jurisdiction
  New York

THIS DEBT SATISFACTION AND RELEASE AGREEMENT (this “Agreement”), made and entered this 31st day of May, 2011, is by and among Titanium Group Limited, a British Virgin Islands corporation (“TTNUF”), Crescent International Ltd. (“Crescent”), Chestnut Ridge Holders, LP (“Chestnut Ridge”) and Whalehaven Capital Fund Limited (“Whalehaven”). Each of Crescent, Chestnut Ridge and Whalehaven may be referred to herein individually as “Holder” or collectively as “Holders”.