Exhibit 99.5
Arnold Lippa
[******]
April 12, 2023
RespireRx Pharmaceuticals Inc.
126 Valley Road
Suite C
Glen Rock NJ 07452
Attn: Mr. Jeff Eliot Margolis, Senior VP, CFO, Treasurer and Secretary
Dear Sir/Madam,
I am the owner of 2,100 shares of Series J Convertible Preferred Stock pursuant to that certain Exchange and Settlement Agreement dated April 12, 2023. Please be advised that I wish to immediately transfer all 2,100 shares of the Series J Convertible Preferred Stock to one trust in the amount and in the Trust name described below.
Number of shares to transfer | Name of Trust | |
2,100 | The Arnold Lippa Family Trust of 2007 |
Thank you for your prompt attention to this matter.
Sincerely, | |
/s/ Arnold Lippa | |
Arnold Lippa | |
Accepted for RespireRx Pharmaceuticals Inc. | |
/s/ Jeff Eliot Margolis | |
Jeff Eliot Margolis | |
Senior VP, CFO, Treasurer and Secretary |