Common Contracts

SUBSCRIPTION AGREEMENT PRIVATE PLACEMENT OF NOTES

Subscription Agreement • October 4th, 2012 • Louisiana

• Contract Type
  Subscription Agreement
• Filed
  October 4th, 2012
• Jurisdiction
  Louisiana

The Company will issue up to $24,000,000.00 aggregate principal amount of Notes. The Notes are due twenty four, 24 months from the date of issuance, however, the Company, at its option, may extend the maturity date an additional twelve (12) months. The principal amount will be paid at maturity, unless earlier redeemed, and interest will be accrued and paid Quarterly starting January 10, April 10, July 10, October 10 2013 commencing the first year after issuance, until maturity at the rate of 12% twelve percent per annum.