Sample Recission Letter {SRL}

Sample Rescission Letter Dear (Investor): This notice is being sent to you pursuant to RCW 21.20.430(4)(b) of Washington State Securities Act. The securities that were sold to you were not registered with the A dministrator of Securities of the Department of Financial Institutions as required by law. On the basis of the above, the Issuer has determined that it is necessar y to, and does hereby offer to rescind the offer and sale of the _____________________ sold to you; to release you from all contractual obligations that the Issuer required you to undertake in ord er to effectuate this sale; and to refund to you the full amount paid for the __________________ plu s interest at the rate of 8% per annum less the amount of any income received by you on the securi ty. Should you decide to accept this offer of rescission, kindly sign and re turn this letter indicating your acceptance. Upon receipt of your acceptance, the Issuer will refund the purchase price to you and you will be released from any and all contractual obligations as described above. If you decide to decline this offer of rescission, please so indicate below, si gn and return this letter. This offer shall remain open for 30 days from the date you receive this letter. During such time you may either accept or reject this offer. Unless you respond to this o ffer within the 30 day period, any right to sue with respect to the Issuers failure to register will be extinguished. I accept this rescission offer. Please refund the purchase price of the securities to me plus interest and less income, if any. I decline this offer and will continue my investment. ____________________________________ ______________________________ Investor Investor The fact that the Washington Securities Administrator has passed upon th is rescission offer does not signify that the Administrator has approved or recommended these sec urities, nor has the Administrator passed upon the adequacy or accuracy of any disclosure doc ument involved. Any representation to the contrary is a criminal offense. American LegalNet, Inc. www.USCourtForms.com