Note Purchase AgreementNote Purchase Agreement • January 11th, 2016 • Giggles N' Hugs, Inc. • Retail-eating & drinking places • Utah
This Note Purchase Agreement (this “Agreement”), dated as of December 18, 2015, is entered into by and between Giggles N’ Hugs, Inc., a Nevada corporation (“Company”), and St. George Investments LLC, a Utah limited liability company, its successors and/or assigns (“Investor”).
8% CONVERTIBLE PROMISSORY NOTE OF GIGGLES N’ HUGS, INC.Giggles N' Hugs, Inc. • January 11th, 2016 • Retail-eating & drinking places • California
This Note is a duly authorized Convertible Promissory Note of Giggles N’ Hugs, Inc. a corporation duly organized and existing under the laws of the State of Nevada (the “Company”), designated as the Company’s 8% Convertible Promissory Note due December 21, 2016 (“Maturity Date”) in the principal amount of $161,250 (the “Note”).
PROMISSORY NOTEGiggles N' Hugs, Inc. • January 11th, 2016 • Retail-eating & drinking places • Utah
FOR VALUE RECEIVED, Giggles N’ Hugs, Inc., a Nevada corporation (“Borrower”), promises to pay in lawful money of the United States of America to the order of St. George Investments LLC, a Utah limited liability company, or its successors or assigns (“Lender”), the principal sum of $265,000.00, together with all other amounts due under this Promissory Note (this “Note”). This Note is issued pursuant to that certain Note Purchase Agreement of even date herewith between Borrower and Lender (the “Purchase Agreement”).
