Note Issuance

Note Issuance. The private placement by the Company of its 10% Convertible Promissory Notes issued by the Company to the Payee and other purchasers of Notes (each Note in substantially the form of this Note) in the original principal amount not to exceed $______ in the aggregate.

Note Issuance. The Convertible Promissory Notes issued by the Company to the Payee and other Noteholders (each in substantially the form of this Note) in the original principal amount not to exceed $2,500,000 in the aggregate.

Note Issuance. The Promissory Notes issued by the Company to the Payee and other Noteholders (each in substantially the form of this Note) in the original principal amount not to exceed $1,000,000 in the aggregate, subject to the Over-Allotment Option.

Note Issuance. The Convertible Promissory Notes issued by the Company to the Payee and other Noteholders (each in substantially the form of this Note) in the original principal amount not to exceed $900,000 in the aggregate (or $1,200,000 if the over-allotment is exercised).

Note Issuance. Or "Offering" shall mean the Promissory Notes issued by the Company to the Payee and other Noteholders (each in substantially the form of this Note) in the original principal amount not to exceed $1,200,000 in the aggregate.