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NannyPod09012016v.1SUBSCRIPTION AGREEMENT Convertible Promissory Note September 1, 2016, THIS CONVERTIBLE PROMISSORY NOTE AND THE SECURITIES ISSUABLE UPON CONVERSION HEREOF HAVE NOT BEEN REGISTERED
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What is this convertible promissory note?
This convertible promissory note is a legal document that outlines the terms of a loan that can be converted into equity in the future.
Who is required to file this convertible promissory note?
The lender and borrower are both required to file this convertible promissory note.
How to fill out this convertible promissory note?
The convertible promissory note should be filled out with details of the loan amount, interest rate, conversion terms, and repayment schedule.
What is the purpose of this convertible promissory note?
The purpose of this convertible promissory note is to document the terms of a loan that has the potential to be converted into equity.
What information must be reported on this convertible promissory note?
The convertible promissory note must include details about the loan amount, interest rate, conversion terms, repayment schedule, and signatures of both parties.
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