Convertible Promissory Note With Warrants Sample Contracts

New Global Energy, Inc. – Convertible Promissory Note With Warrants (July 23rd, 2013)

FOR VALUE RECEIVED, NEW GLOBAL ENERGY, INC., a Wyoming corporation (hereinafter called the Borrower), hereby promises to pay to the order of BIO-GLOBAL RESOURCES, INC., a Wyoming corporation, or registered assigns (the Holder) the sum of $500,000.00 together with any interest as set forth herein, on July 19, 2015 (the Maturity Date), and to pay interest on the unpaid principal balance hereof at the rate of Six percent (6.0%) (the Interest Rate) per annum from the date such funds are advanced to the Borrower (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 Ten percent (10% per annum from the due date thereof until the same is paid (Default Interest). Interest shall commence accruing on the date tha

New Global Energy, Inc. – CONVERTIBLE PROMISSORY NOTE WITH WARRANTS (Amended to Correct Date) (May 22nd, 2012)

FOR VALUE RECEIVED, NEW GLOBAL ENERGY, INC., a Wyoming corporation (hereinafter called the Borrower), hereby promises to pay to the order of BIO-GLOBAL RESOURCES, INC., a Wyoming corporation, or registered assigns (the Holder) the sum of $100,000.00 together with any interest as set forth herein, on January 25, 2014 (the Maturity Date), and to pay interest on the unpaid principal balance hereof at the rate of Two and Ninety-five one hundredths percent (2.95%) (the Interest Rate) per annum from the date such funds are advanced to the Borrower (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 Ten percent (10% per annum from the due date thereof until the same is paid (Default Interest). Interest sh

New Global Energy, Inc. – CONVERTIBLE PROMISSORY NOTE WITH WARRANTS (Amended to Correct Date) (April 30th, 2012)

FOR VALUE RECEIVED, NEW GLOBAL ENERGY, INC., a Wyoming corporation (hereinafter called the Borrower), hereby promises to pay to the order of BIO-GLOBAL RESOURCES, INC., a Wyoming corporation, or registered assigns (the Holder) the sum of $100,000.00 together with any interest as set forth herein, on January 25, 2014 (the Maturity Date), and to pay interest on the unpaid principal balance hereof at the rate of Two and Ninety-five one hundredths percent (2.95%) (the Interest Rate) per annum from the date such funds are advanced to the Borrower (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 Ten percent (10% per annum from the due date thereof until the same is paid (Default Interest). Interest sh

New Global Energy, Inc. – Convertible Promissory Note With Warrants (April 2nd, 2012)

FOR VALUE RECEIVED, NEW GLOBAL ENERGY, INC., a Wyoming corporation (hereinafter called the Borrower), hereby promises to pay to the order of BIO-GLOBAL RESOURCES, INC., a Wyoming corporation, or registered assigns (the Holder) the sum of $100,000.00 together with any interest as set forth herein, on January 20, 2014 (the Maturity Date), and to pay interest on the unpaid principal balance hereof at the rate of Two and Ninety-five one hundredths percent (2.95%) (the Interest Rate) per annum from the date such funds are advanced to the Borrower (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 Ten percent (10% per annum from the due date thereof until the same is paid (Default Interest). Interest sh