Payment on Change of Control. If prior to the Maturity Date, there is a Change of Control and the Note has not previously been converted, a Holder may elect to have the Note together with any accrued interest repaid in full at that time in cash plus an additional ten percent (10%) on the Principal Amount of the Note.
Appears in 3 contracts
Sources: Subordinated Convertible Note (Know Labs, Inc.), Subordinated Convertible Note, Subordinated Convertible Note (Know Labs, Inc.)