Form of Note Conversion Subscription
(To be signed only upon exercise of conversion Note 9816r3)
To : ________________, President
New York Regional Rail Corporation
0000 Xxxxx Xxxxxx
Xxxxxxxx, XX 00000
Corporate Securities
The undersigned, the holder of the attached Note, hereby irrevocably elects to
exercise the conversion rights represented by this Note for, and to purchase
there under, ___________________ shares of common stock of New York Regional
Rail Corporation, and herewith surrenders Note 9816r3, and requests that the
certificates for such shares be issued in the name of and be delivered to
________________________________________, whose address is
_____________________________________________________________.
DATED: ____________________________________
HOLDER
Signature Notarized