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FORM OF CONVERTIBLE PROMISSORY NOTES

Convertible Promissory Note

FORM OF CONVERTIBLE PROMISSORY NOTES | Document Parties: ATSI COMMUNICATIONS INC/DE You are currently viewing:
This Convertible Promissory Note involves

ATSI COMMUNICATIONS INC/DE

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Title: FORM OF CONVERTIBLE PROMISSORY NOTES
Date: 10/25/2005
Industry: Communications Services     Sector: Services

FORM OF CONVERTIBLE PROMISSORY NOTES, Parties: atsi communications inc/de
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Exhibit 4.29

 

FORM OF CONVERTIBLE PROMISSORY NOTES

 

Houston, Texas

 

For value received, ATSI, Inc., a Nevada Corporation (Maker), promises to pay to Recap Marketing & Consulting LLP (Holder) the principal sum of [amount] with interest from date at the rate of twelve percent (12%), per year, until applied to warrants converted under a separate agreement. Holder or Maker has the right to convert the Principal at the price per share (rate) identified in Exhibit 4.1 of the Consulting Agreement ("Conversion"). Such Conversion shall occur only after approval of a reverse split, and authorization by the SEC of the Maker, and a


 
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