NOTE CONVERSION AGREEMENTNote Conversion Agreement • December 29th, 2023 • NutriBand Inc. • Orthopedic, prosthetic & surgical appliances & supplies
The undersigned holder (the “Holder”) agrees to convert (the ”Conversion) $2,000,000 of the outstanding principal and accrued interest outstanding as of December 19, 2023, of the Creditline Promissory Note of Nutriband Inc., a Nevada corporation (the “Corporation”), held by Holder, as amended and restated as of July 13, 2023 (the “Note”), into 1,026,720 shares of Common Stock, par value $0.001 per share, of the Corporation (the “Shares”), at a price of $2.00 per Share (“Conversion Price”).
