0001188112-09-001581 Sample Contracts
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER SECURITIES LAWS, AND IT MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS SO REGISTERED OR UNLESS SOLD PURSUANT TO AN EXEMPTION THEREFROM. THIS...Promissory Note • July 7th, 2009 • Health Discovery Corp • Patent owners & lessors • Georgia
FOR VALUE RECEIVED, the undersigned, HEALTH DISCOVERY CORPORATION (the “Company”), a Georgia corporation, hereby promises to pay to the order of Joe McKenzie or his, her or its permitted, registered assigns (the “Holder”), the principal sum of Five Hundred Thousand Dollars ($500,000.00), payable on the earlier of (i) January 4, 2010, or (ii) when declared due and payable by the Holder upon the occurrence of an Event of Default (as defined below) (in the case of either (i) or (ii), the “Maturity Date”).