Common use of Amount and Terms of the Note Clause in Contracts

Amount and Terms of the Note. Subject to the terms of this Agreement, at the Closing (as defined below) the Company agrees to issue and sell to the Purchaser, and the Purchaser agrees to purchase from the Company, a secured convertible promissory note in the form attached to this Agreement as Exhibit A (the “Note”) in the principal amount set forth on the Purchaser’s signature page hereto (the “Loan Amount”). The principal amount of all Note shall be up to One Hundred and Twenty-Five Thousand Dollars ($125,000).

Amount and Terms of the Note. Subject to the terms of this Agreement, at the Closing (as defined below) the Company agrees to issue and sell to the Purchaser, and the Purchaser agrees to purchase from the Company, a secured convertible promissory note in the form attached to this Agreement as Exhibit A (the “Note”) in the principal amount set forth on the Purchaser’s signature page hereto (the “Loan Amount”). The principal amount of all Note shall be up to One Hundred and TwentyFifty-Five Thousand Dollars ($125,00055,000).