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Emmaus Life Sciences, Inc. – EMMAUS MEDICAL, INC. Promissory Note (Cash Interest With Warrant) (On Demand Up to Two Years) (May 8th, 2014) FOR VALUE RECEIVED, Emmaus Medical, Inc., a Delaware corporation, located at 20725 S. Western Ave., Suite 136, Torrance, CA 90501 (Borrower) agrees to pay to Lan T. Tran (Lender), the sum of $205,000 U.S. Dollars (Principal Amount), together with accrued interest thereon at the rate of eleven percent (11%) per annum, under the following terms and conditions of this Promissory Note (Note).
FOR VALUE RECEIVED, Emmaus Medical, Inc., a Delaware corporation, located at 20725 S. Western Ave., Suite 136, Torrance, CA 90501 (Borrower) agrees to pay to Lan T. Tran (Lender), the sum of $205,000 U.S. Dollars (Principal Amount), together with accrued interest thereon at the rate of eleven percent (11%) per annum, under the following terms and conditions of this Promissory Note (Note).