Convertible Promissory Note dated March 7, 2017
This Convertible Promissory Note, dated March 7, 2017, is an agreement between a lender and a borrower, where the borrower promises to repay a loan under specified terms. The note allows the lender to convert the outstanding loan amount into equity in the borrower’s company under certain conditions. Key terms include the principal amount, interest rate, maturity date, and the process for conversion to equity. This agreement outlines the rights and obligations of both parties regarding repayment and conversion.
Convertible Promissory Note dated March 7, 2017
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