Extended and Restated Promissory Note (May 10th, 2017)
This Note shall be due and payable on the earlier of (a) September 1, 2017, or (b) the Maker's earlier receipt of at least $2.0 million in additional debt or equity capital.
Promissory Note (December 22nd, 2016)
FOR VALUE RECEIVED, RAVE RESTAURANT GROUP, INC. ("Maker") promises to pay to the order of NEWCASTLE PARTNERS, L.P. ("Noteholder") the principal sum of One Million and No/100 Dollars ($1,000,000.00), together with interest on the principal balance as set forth below. All sums hereunder are payable at such place in Dallas County, Texas, as the Noteholder hereof may designate in writing.