50 of the Top 250 law firms use our Products every day
A Form of
CONVERTIBLE DEBENTURE NOTE (Stock Purchase Agreement Attached)
Number USCS ___________
USCORP, A
Nevada, U.S.A. Corporation (the “Company”), for value
received pursuant to a Stock Purchase Agreement hereby promises to
pay to ____________________, located at
1_______________________________________, (the “Payor”
and “Note Holder”) the sum of $_____________.00 USD,
payable as follows: Payor agrees to fund the above amount on or
before ________, 20___ to USCorp. This note becomes effective upon
receipt of above funds via wire transfer to USCorp’s Bank
account at ________________, _____________, U.S.A. The USCorp and
Payor are jointly referred to as the
“Parties”.
1. Principal of
USD ____________.00 due and payable on ______, 20___.
2. Interest at
the rate of 4% (four percent) of the unpaid balance per annum for a
term of two and one half (2 ½) years.
3. Interest
payments to be made in the amount of $_______.00 USD payable
annually for the period commencing with the first interest payment
due on _________, 20___ and continuing annually thereafter in
arrears.
USCorp reserves
the right to pay all or any portion of the principal amount of this
Note upon any interest payment date. Interest shall cease on any
principal amount so paid.
The Parties
hereto acknowledge that this Convertible Debenture Note (the
“Note”) is a corporate obligation of USCorp and
is
|
