EXHIBIT 4.3
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No. __
ATTORNEY'S ONLINE, INC.
SECURED
PROMISSORY NOTE
$_____________ ________ ____, 1999
For Value Received, the undersigned, Attorney's Online, Inc. ("Maker"),
promises to pay to the order of ________________ (the "Holder"), or his assigns,
the sum of _____________ ($__________). This Note shall bear no interest. Said
principal is due and payable on November 3, 2003 unless the principal and due
date are increased and extended as described in Section 3(e) of that certain
letter agreement dated October 28, 1999 (the "Agreement") by and between the
Maker and the Holder, which Agreement is annexed as Exhibit A and incorporated
by reference hereto. This Note shall be considered in default when payment
required to be made hereunder shall not have been made by 5:00 p.m. California
time on its due date.
If the Holder or his assigns elect to exercise the Warrants as referred
to in the Agreement, this Note shall be null and void.
This Note is secured by that certain Security Agreement of even-date
herewith by and between the parties hereto and a UCC-1 Financing Statement
covering the URL (domain name) known as "xxxxxxxxx.xxx".
While in default this Note shall bear interest at the rate of ten
percent (10%) per annum.
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Payments shall be made of lawful money of the United States at Loomis,
California, or at such other place as may be designated in writing by the
Holder.
This Note may be prepaid in whole or in part, at any time without
penalty as described in the Agreement.
All makers and endorsers now or hereafter becoming parties hereto
jointly and severally waive demand, presentment, notice of non-payment in
protest and, if this Note becomes in default and is placed into the hands of an
attorney for collection, to pay attorney's fees and all other costs for making
such collection, provided the Holder is the prevailing party.
This Note may not be changed or terminated orally, but only with an
agreement in writing, signed by the parties against whom enforcement of any
waiver, change, modification or discharge is sought, with such agreement being
effective and binding only upon the parties thereto.
This Note and the rights and obligations of the Holder and of the
undersigned shall be governed by and construed and enforced in accordance with
the laws of the State of California.
Attorney's Online, Inc.
By:
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Xxxxx X. Xxxxxx, Chief Financial Officer
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