Agreement to Rescind Contract of Sale Between Rosellini Scientific Holdings, LLC and Mina Mar Corporation

Contract Categories: Business Finance › Release Agreements
Summary

Rosellini Scientific Holdings, LLC and Mina Mar Corporation have agreed to cancel a previous contract for the sale of a control block of preferred stock in Nexeon Medsystems, Inc. Both parties release each other from any claims or rights related to the transaction. Additionally, Miro Zecevic has resigned from the Board of Directors of Nexeon Medsystems, Inc. as part of this agreement. The agreement is effective as of April 8, 2021.

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EX-10.1 2 nexeon_ex1001.htm AGREEMENT TO RESCIND

Exhibit 10.1

 

 

OTC:NXNN AGREEMENT TO RESCIND CONTRACT OF SALE

 

 

This Agreement to Rescind Contract of Sale (the “Agreement”) is a made and effective 4/8/2021

 

 

BETWEEN:Rosellini Scientific Holdings, LLC (the "Seller"), a corporation organized and existing under the laws of Nevis with its head office located at:

 

10 Jews Street, Ramsbury Site, Charlestown, Nevis

 

 

AND:Mina Mar Corporation (the "Purchaser"), a corporation organized and existing under the laws of the State of Florida with its head office located at:

 

500 S Australian Ave #600 West Palm Beach FL

 

 

TERMS

 

 

1.The contract of sale of control block of stock described as: all Classes of Preferred Stock (The Control Block) as part of the resignation as per the share purchase agreement dated Thursday, October 22, 2020. No common shares were exchanged in the transaction.

 

OTC:NXNN Nexeon Medsystems, Inc.

 

2.Seller waives and releases all right and claim against purchaser, and purchaser waives and releases all right against seller and all right, title, and interest in the described corporation.

 

Departure of Directors or Certain Officers.

 

3.In connection with this rescission agreement On April 8, 2021, Miro Zecevic resigned from his position as a member of the Board of Directors of Nexeon Medsystems Inc (the “Company”) effective immediately.

 

 

 

 

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

 

Executed in duplicate at West Palm Beach FL April 8 2021

 

 

 

SELLER   PURCHASER
     
/s/ William Rosellini                        /s/ Miro Zecevic                     
William Rosellini   Miro Zecevic, President Mina Mar Corporation
President Rosellini Scientific Holdings, LLC