Permitted Indebtedness and Liens Sample Contracts

FORM OF 8% SENIOR SECURED CONVERTIBLE PROMISSORY NOTE DUE NOVEMBER 26, 2020

Permitted Indebtedness and Liens • December 4th, 2019 • Exactus, Inc. • Heating equipment, except electric & warm air furnaces • New York

• Contract Type
  Permitted Indebtedness and Liens
• Filed
  December 4th, 2019
• Company
  Exactus, Inc.
• Industry
  Heating equipment, except electric & warm air furnaces
• Jurisdiction
  New York

THIS 8% SENIOR SECURED CONVERTIBLE PROMISSORY NOTE is one of a series of duly authorized and validly issued 8% Senior Secured Convertible Promissory Notes of EXACTUS, INC., a Nevada corporation (the “Company”), having its principal place of business at 80 NE 4th Avenue, Suite 28, Delray Beach, Florida 33483, designated as its 8% Senior Secured Convertible Promissory Note due November 26, 2020 (this “Note”, and collectively with the other Notes of such series, the “Notes”).