Convertible Promissory Note Sample Contracts

PAYMEON, INC. (A Nevada Corporation) 7% CONVERTIBLE PROMISSORY NOTE Due on or Before ___________ (July 17th, 2018)

PAYMEON, INC., a Nevada corporation (the Company), for value received and intending to be legally bound, hereby promises to pay to the order of _________________ (Holder), the principal amount of ___________________ Dollars (the Principal Amount) on or before Mmmm DD, YYYY (the Maturity Date), together with interest thereon at the rate of 7% per annum (the Interest), as set forth herein (the Note).

China Recycling Energy Corp. – Convertible Promissory Note (July 17th, 2018)

This Note carries an OID of $50,000.00. In addition, Borrower agrees to pay $20,000.00 to Lender to cover Lender's legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of this Note (the "Transaction Expense Amount"), all of which amount is included in the initial principal balance of this Note. The purchase price for this Note shall be $1,000,000.00 (the "Purchase Price"), computed as follows: $1,070,000.00 original principal balance, less the OID, less the Transaction Expense Amount. The Purchase Price shall be payable by Lender via wire transfer of immediately available funds.

Stratean Inc. – Principal Amount: $550,000.00 Issue Date: July 2, 2018 Purchase Price: $550,000.00 CONVERTIBLE PROMISSORY NOTE (July 17th, 2018)

FOR VALUE RECEIVED, CLEANSPARK, INC., a Nevada corporation (hereinafter called the "Borrower" or "Company"), hereby promises to pay to the order of Auctus Fund, LLC, a Delaware limited liability company, or registered assigns (the "Holder") the sum of up to US$550,000.00, together with any interest as set forth herein, and to pay interest on the unpaid principal balance hereof at the rate of twelve percent (12%) (the "Interest Rate") per annum from the date hereof (the "Issue Date") until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. The consideration to the Borrower for this Note is up to $550,000.00 (the "Consideration"). The Holder shall pay $225,000.00 of the Consideration (the "First Tranche") within a reasonable amount of time of the full execution of the transactional documents related to this Note. At the closing of the First Tranche, the outstanding principal amount under this Note shall be $225,000.00, consisting of

Butte Highlands Mining Company, Inc. – Convertible Promissory Note (July 16th, 2018)

This Note may not be prepaid in whole or in part except as otherwise explicitly set forth herein. Interest shall commence accruing on the date that the Note is fully paid and shall be computed on the basis of a 365-day year and the actual number of days elapsed. All payments due hereunder (to the extent not converted into the Borrower's Class A common stock, $0.001 par value per share (the "Common Stock") in accordance with the terms hereof) shall be made in lawful money of the United States of America.

Trunity Holdings, Inc. – Convertible Promissory Note (July 13th, 2018)

This Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof.

Bionik Laboratories Corp. – Bionik Laboratories Corp. Convertible Promissory Note (July 5th, 2018)

This Note is a convertible promissory note referred to in that certain Subscription Agreement dated as of the date hereof, or series of like subscription agreements (individually or collectively, the "Subscription Agreement"), among the Company and the subscribers named therein, pursuant to which the Company is seeking to borrow up to $6,000,000 (the "Offering").

Newmarkt Corp. – Amendment to Convertible Promissory Note (July 5th, 2018)

THIS AMENDMENT TO CONVERTIBLE PROMISSORY NOTE (the "Amendment") is made effective as of June 28, 2018 by and between Ozop Surgical Corp. (formerly, Newmarkt Corp.), a Nevada corporation ("Borrower"), and Carebourn Capital, L.P., a Delaware limited partnership ("Holder"). Borrower and Holder may collectively be referred to as the "Parties".

Convertible Promissory Note (July 3rd, 2018)

This Note is free from all liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof.

Hypersolar Inc – Convertible Promissory Note (June 29th, 2018)

FOR VALUE RECEIVED, HyperSolar, Inc., a Nevada corporation, (the "Borrower") with approximately 842,912,630 shares of common stock issued and outstanding, promises to pay to Bountiful Capital, LLC., a Nevada limited liability company, or its assignees (the "Lender") the Principal Sum along with the Interest and any other fees according to the terms herein (this "Note"). This Note shall become effective on June 27, 2018 (the "Effective Date").

Cytodyn Inc – Convertible Promissory Note (June 27th, 2018)

This Note carries an OID of $600,000.00. In addition, Borrower agrees to pay $100,000.00 to Lender to cover Lenders legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of this Note (the Transaction Expense Amount), all of which amount is included in the initial principal balance of this Note. The purchase price for this Note shall be $5,000,000.00 (the Purchase Price), computed as follows: $5,700,000.00 original principal balance, less the OID, less the Transaction Expense Amount. The Purchase Price shall be payable by Lender to the Borrower by wire transfer of immediately available funds.

Probe Manufacturing – AMENDMENT No. 1 to $153,123 CONVERTIBLE PROMISSORY NOTE (June 22nd, 2018)

This First Amendment (the First Amendment or Amendment), dated June 21, 2019 is being entered into between Clean Energy Technologies, Inc., a Nevada corporation (the Company), having an address at 2990 Redhill Avenue, Costa Mesa, CA 92626, and MGW Investment I, Limited , a Cayman Islands company (MGWI), having an address at C/O Elian Fiduciary Services (Cayman) Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9007, Cayman Islands and amends the 12% Convertible Promissory Note, dated February 8, 2018 in the principal amount of $153,123.00 (the Note).

Convertible Promissory Note (June 22nd, 2018)

This Note carries an OID of $90,000.00. In addition, Borrower agrees to pay $10,000.00 to Lender to cover Lender's legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of this Note (the "Transaction Expense Amount"), all of which amount is included in the initial principal balance of this Note. The purchase price for this Note and the Warrants (as defined in the Purchase Agreement) shall be $900,000.00 (the "Purchase Price"), computed as follows: $1,000,000.00 original principal balance, less the OID, less the Transaction Expense Amount. The Purchase Price shall be payable by delivery to Borrower at Closing of the Investor Notes (as defined in the Purchase Agreement) and a wire transfer of immediately available funds in the amount of the Initial Cash Purchase Price (as defined in the Purchase Agreement). This Note shall be comprised of seven (7) tranches (each, a "Tranche"), consisting of (i) an initial Tr

Water Now, Inc. – WATER NOW, INC. Convertible Promissory Note Due: June 18, 2019 (June 21st, 2018)

This Convertible Promissory Note (the "Note") is issued by WATER NOW, INC, a Texas corporation (the "Obligor" or the "Company"), to ________________ (the "Holder"), pursuant to the terms hereto or herewith.

MAGELLAN GOLD Corp – Amendment #1 to the Convertible Promissory Note Issued on November 2, 2017 (June 19th, 2018)

THIS AMENDMENT #1 TO THE CONVERTIBLE PROMISSORY NOTE ISSUED ON November 2, 2117, (the "Amendment") is made effective as of June 8, 2018 (the "Effective Date"), by and between MAGELLAN GOLD CORPORATION., a Nevada cooporation (the "Company"), and EMA Financial, LLC, a Delaware limited liability company (the "Holder") (collectively the "Parties").

MAGELLAN GOLD Corp – Amendment #1 to the Convertible Promissory Note Issued on November 1, 2017 (June 19th, 2018)

THIS AMENDMENT #1 TO THE CONVERTIBLE PROMISSORY NOTE ISSUED ON November 1, 2017, (the "Amendment") is oade effective as of June 8, 2018 (the "Effective Date"), by and between MAGELLAN GOLD CORPORATION., a Nevada corporation (the "Company"), and Auctus Fund, LLC, a Delaware limited liacility company (the "Holder") (collectively the "Parties").

ABCO Energy, Inc. – Replacement Convertible Promissory Note (June 15th, 2018)

FOR VALUE RECEIVED, ABCO ENERGY, INC., a Nevada corporation (hereinafter called the " Borrower"), hereby promises to pay to the order of L2 CAPITAL, LLC, a Kansas limited liability company, or registered assigns (the "Holder'") the principal sum of $87,707.25 (the " Principal Amount" ), together with interest at the rate of seven percent (7%) per annum, at maturity or upon acceleration or otherwise. as set forth herein (the ''Note") (with the understanding that the initial six months of such interest shall be guaranteed). This Note is being issued by the Borrower to the Holder to evidence the assignment by Blackbridge Capital Growth Fund LLC (the "Seller") of $87,707.25 owed under that certain promissory note issued by the Borrower to the Seller on or around November 2, 2016, in the original principal amount of $ 100,000.00, which was assigned to the Holder on or around the Issue Date. The maturity date shall be six (6) months from the Issue Date (the "Maturity Date" ), and is th

Amendment #1 to the Convertible Promissory Note Issued on December 12, 2017 (June 11th, 2018)

THIS AMENDMENT #1 TO THE CONVERTIBLE PROMISSORY NOTE ISSUED ON December 12, 2017 (the "Amendment") is made effective as of June 6, 2018, by and between Nanoflex Power Corporation, a Florida corporation (the "Company"), and Morningview Financial, LLC, a Wyoming limited liability company (the "Holder") (collectively the "Parties").

Convertible Promissory Note (June 11th, 2018)

This Note is free from all liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof.

Grey Cloak Tech Inc. – Convertible Promissory Note (June 8th, 2018)

This Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof.

Grey Cloak Tech Inc. – Convertible Promissory Note (June 8th, 2018)

FOR VALUE RECEIVED, GREY CLOAK TECH INC. a Nevada corporation (hereinafter called the "Borrower"), hereby promises to pay to the order of OAKMORE OPPORTUNITY FUND I LP a Delaware limited partnership, or registered assigns (the "Holder") the sum of $66,000.00 together with any interest as set forth herein, on December 1, 2017 (the "Maturity Date"), and to pay interest on the unpaid principal balance hereof at the rate of twelve (12%) (the "Interest Rate") per annum from the date hereof (the "Issue Date") until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. This Note may not be prepaid in whole or in part except as otherwise explicitly set forth herein. Any amount of principal or interest on this Note which is not paid when due shall bear interest at the rate of twenty-two (22%) per annum from the due date thereof until the same is paid ("Default Interest"). Interest shall commence accruing on the date that the Note is fully paid

Grey Cloak Tech Inc. – First Amendment to Convertible Promissory Note (June 8th, 2018)

This First Amendment to the Convertible Promissory Note (the "Amendment") is entered into on December 28, 2017 by and between Grey Cloak Tech, Inc., a Nevada corporation (the "Borrower"), and Crown Bridge Partners, LLC, a New York limited liability company (the "Holder") (individually as a "Party," and collectively as the "Parties").

Grey Cloak Tech Inc. – Convertible Promissory Note (June 8th, 2018)

FOR VALUE RECEIVED, GREY CLOAK TECH INC., a Nevada corporation (hereinafter called the "Borrower"), hereby promises to pay to the order of AUCTUS FUND, LLC, a Delaware limited liability company, or registered assigns (the "Holder") the sum of US$110,000.00 together with any interest as set forth herein, on August 24, 2017 (the "Maturity Date"), and to pay interest on the unpaid principal balance hereof at the rate of twelve percent (12%) (the "Interest Rate") per annum from the date hereof (the "Issue Date") until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. This Note may not be prepaid in whole or in part except as otherwise explicitly set forth herein with the written consent of the Holder which may be withheld for any reason or for no reason. Any amount of principal or interest on this Note which is not paid when due shall bear interest at the rate of twenty-four percent (24%) per annum from the due date thereof until the

Doyen Elements, Inc. – Redeemable Convertible Promissory Note (June 7th, 2018)

This convertible promissory note (the "Note") is issued as part of a series of similar convertible promissory notes (collectively, the "Notes") pursuant to the terms of that certain Convertible Promissory Note Purchase Agreement (as amended, the "Agreement") dated as of June 1, 2018 between the Company and the Holder. Capitalized terms used herein without definition shall have the meanings given to such terms in the Agreement.

Liberty Star Uranium & Metals Corp. – Convertible Promissory Note (June 5th, 2018)

This Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof.

Coates International Ltd \De\ – Convertible Promissory Note (May 30th, 2018)

This Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof.

Convertible Promissory Note (May 29th, 2018)

FOR VALUE RECEIVED, Players Network, Inc., a Nevada corporation ("Borrower"), whose address is 1771 E. Flamingo Road, Suite 201A, Las Vegas, NV 89119 promises to pay to the order of Grass Roots Investors, LLC, a Delaware limited liability company ("Lender"), whose address is c/o Bruce H. Seyburn, Seyburn Kahn, PC, 2000 Town Center Building, Suite 1500, Southfield, MI 48075-1195, the principal sum of One Million One Hundred Thousand and No/100 Dollars ($1,100,000.00) (the

12% CONVERTIBLE PROMISSORY NOTE Maturity Date of May 16, 2019 *The "Maturity Date" $61,000 May 16, 2010 *The "Issuance Date" (May 25th, 2018)

FOR VALUE RECEIVED, NanoFlex Power Corporation, a Florida Corporation (the "Company") doing business in Florida, hereby promises to pay to the order of JSJ Investments Inc., an accredited investor and Texas Corporation, or its assigns (the "Holder"), the principal amount of Sixty-One Thousand Dollars ($61,000) ("Note"), on demand of the Holder at any time on or after May 16, 2019 (the "Maturity Date"), and to pay interest on the unpaid principal balance hereof at the rate of Twelve Percent (12%) per annum (the "Interest Rate") commencing on the date hereof (the "Issuance Date").

American Liberty Petroleum Corp. – Convertible Promissory Note Due November 25, 2019 (May 25th, 2018)

THIS CONVERTIBLE PROMISSORY NOTE is one of a series of duly authorized and validly issued Convertible Promissory Notes of Avant Diagnostics, Inc., (the "Company"), having its principal place of business at, (this Note, the "Note" and, collectively with the other Notes of such series, the "Notes").

HyreCar Inc. – Hyrecar Inc. Convertible Promissory Note (May 23rd, 2018)

HyreCar Inc., a Delaware corporation (the "Company"), for value received hereby, promises to pay to _________, or registered assigns (the "Holder"), the aggregate principal sum of ___________ Dollars ($_________), in accordance with the terms of this convertible promissory note (the "Note"). Payment for all amounts due hereunder shall be made by wire transfer of immediately available funds, in lawful tender of the United States, to an account designated by the Company. This Note is being issued in connection with and pursuant to that certain Convertible Note Purchase Agreement dated concurrently herewith (the "Agreement") and is substantially similar to other notes issued pursuant to the Agreement.

Lithium Exploration Group, Inc. 10% Convertible Promissory Note (May 22nd, 2018)

THIS NOTE AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE HAVE NOT BEEN AND WILL NOT BE REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER (THE "1933 ACT)

Blue Fashion Corp. – Convertible Promissory Note (May 22nd, 2018)

This Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof.

Lithium Exploration Group, Inc. 10% Convertible Promissory Note (May 22nd, 2018)

THIS NOTE AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE HAVE NOT BEEN AND WILL NOT BE REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER (THE "1933 ACT)

ABCO Energy, Inc. – Convertible Promissory Note (May 21st, 2018)

This Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof .

X RAIL Enterprises, Inc. – Convertible Promissory Note (May 21st, 2018)

This Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof.

Lithium Exploration Group, Inc. 10% Convertible Promissory Note (May 21st, 2018)

THIS NOTE AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE HAVE NOT BEEN AND WILL NOT BE REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER (THE "1933 ACT)