Taxes on Payments. 3PEA will not be responsible for any income tax of Investor for interest due on the Note, or stamp duty or other tax due on conversion of the Note into shares of Common Stock.
Appears in 9 contracts
Samples: Convertible Promissory Note Purchase Agreement (3pea International, Inc.), Convertible Promissory Note Purchase Agreement (3pea Technologies Inc.), Convertible Promissory Note Purchase Agreement (3pea Technologies Inc.)