Convertible Promissory Note dated January 23, 2017

Contract Categories: Business Finance › Note Agreements
Summary

This agreement is a Convertible Promissory Note dated January 23, 2017, between a lender and a borrower. The note outlines the terms under which the lender provides funds to the borrower, who agrees to repay the amount with interest. The note includes a provision allowing the lender to convert the outstanding balance into equity in the borrower’s company under specified conditions. Key obligations include repayment terms, interest rates, and the process for conversion to equity. The agreement is legally binding and sets out the rights and responsibilities of both parties.

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EX-10.19 5 grck-20161231_10kex10z19.htm EXHIBIT 10.19

Convertible Promissory Note dated January 23, 2017

 

 

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