[NUMBER]
AMENDED AND RESTATED
SECURED PROMISSORY NOTE
$
[AMOUNT]
[DATE]
For value received, the undersigned
maker (“Maker”), whose address is 420 Lexington Avenue,
Suite 1718, New York, NY 10170, promises to pay to the order of
[LENDER] , “Lender”, whose address is [
ADDRESS ] , the principal sum of [AMOUNT] dollars (
$[AMOUNT] ) together with all interest accrued from the date
of execution of the Note at the rate of (i)
[INTEREST] percent ( [INTEREST] % ) per annum
through [DATE] , and (ii) [INTEREST] percent (
[INTEREST % ) per annum thereafter upon the unpaid
balance until maturity, payable in U.S. Dollars at the
Lender’s address set forth above, or at such other address as
Lender may designate.
The maturity date of this note is
[DATE] . In the event that the note is not repaid by the
maturity date, the note will automatically convert to a Demand
Note, and the principal sum and all accrued interest will be
payable in full upon ten (10) days notice of demand from the
lender.
If an event of default shall
oc