XG SCIENCES, INC. Secured Convertible Promissory Note Due March 18, 2018Secured Convertible Promissory Note • January 27th, 2016 • Xg Sciences Inc • Plastic materials, synth resins & nonvulcan elastomers • Michigan
Contract Type FiledJanuary 27th, 2016 Company Industry JurisdictionThis Secured Convertible Promissory Note (this “Note”) is issued this 15th day of January 2014, jointly and severally by XG Sciences, Inc. (“XGS”), a Michigan corporation, and XG Sciences IP, LLC, a Michigan limited liability company and wholly-owned subsidiary of XGS (collectively, the “Borrower” or the “Company”), to XGS II, LLC, a Florida limited liability company (“XGS II” or the “Holder”). This Note restates the $200,000.00 Secured Convertible Promissory Note issued on October 15, 2013 by XGS to XGS II (the “Prior Note”) as adjusted to reflect an increase in the principal pursuant to a reallocation of principal and accrued interest described in Section 1(b) of the Second Amended & Restated Purchase Agreement between XGS and Aspen Advanced Opportunity Fund, LP. The Prior Note was issued pursuant to that certain Purchase Agreement between XGS and XGS II, originally entered on July 12, 2013, and amended and restated on January 15, 2014 (the “Purchase Agreement”). The Prior Note is he
XG SCIENCES INC Secured Convertible Promissory Note Due March 18, 2018Secured Convertible Promissory Note • January 27th, 2016 • Xg Sciences Inc • Plastic materials, synth resins & nonvulcan elastomers • Michigan
Contract Type FiledJanuary 27th, 2016 Company Industry JurisdictionThis Secured Convertible Promissory Note (this “Note”) is issued this 15th day of January 2014, jointly and severally by XG Sciences, Inc., (“XGS”), a Michigan corporation, and XG Sciences IP, LLC, a Michigan limited liability company and wholly-owned subsidiary of XGS (collectively, the “Borrower” or the “Company”), to Aspen Advanced Opportunity Fund, LP, a Delaware limited partnership (“Aspen” or the “Holder”). This Note restates and consolidates the: (i) $603,846.58 Secured Convertible Promissory Note issued on March 18, 2013 by XGS to Aspen, (ii) $250,000 Secured Convertible Promissory Note issued on April 3, 2013 by XGS to Aspen, (iii) $250,000 Secured Convertible Promissory Note issued on April 12, 2013 by XGS to Aspen, (iv) $1,400,000 Secured Convertible Promissory Note issued on April 26, 2013 by XGS to Aspen, (v) $800,000 Secured Convertible Promissory Note issued on July 29, 2013 by XGS to Aspen (as adjusted to $309,425, pursuant to the Purchase Agreement), (vi) $200,000 Secu
XG SCIENCES, INC. Secured Convertible Promissory Note Due March 18, 2018Secured Convertible Promissory Note • January 27th, 2016 • Xg Sciences Inc • Plastic materials, synth resins & nonvulcan elastomers • Michigan
Contract Type FiledJanuary 27th, 2016 Company Industry JurisdictionThis Secured Convertible Promissory Note (this “Note”) is issued this 15th day of January 2014, jointly and severally by XG Sciences, Inc. (“XGS”), a Michigan corporation, and XG Sciences IP, LLC, a Michigan limited liability company (collectively the “Borrower” or the “Company”), to SVIC No. _15 New Technology Business Investment L.L.P. (“Samsung”) (“Samsung” or the “Holder”), pursuant to that certain Purchase Agreement, dated January 15, 2014, between the parties and any amendments thereto (the “Purchase Agreement”).
XG SCIENCES, INC. Secured Convertible Promissory Note Due March 18, 2018Secured Convertible Promissory Note • January 27th, 2016 • Xg Sciences Inc • Plastic materials, synth resins & nonvulcan elastomers • Michigan
Contract Type FiledJanuary 27th, 2016 Company Industry JurisdictionThis Secured Convertible Promissory Note (this “Note”) is issued this 18th day of March 2014, jointly and severally by XG Sciences, Inc. (“XGS”), a Michigan corporation, and XG Sciences IP, LLC, a Michigan limited liability company and wholly-owned subsidiary of XGS (collectively, the “Borrower ” or the “Company”), to Aspen Advanced Opportunity Fund, LP, a Delaware limited partnership (“Aspen” or the “Holder”) pursuant to that certain Purchase Agreement, dated March 18, 2013 and amended and restated on July 12, 2013 and further amended and restated on January 15, 2014 (the “Purchase Agreement”).
XG SCIENCES, INC. Secured Convertible Promissory Note Due March 18, 2018Secured Convertible Promissory Note • January 27th, 2016 • Xg Sciences Inc • Plastic materials, synth resins & nonvulcan elastomers • Michigan
Contract Type FiledJanuary 27th, 2016 Company Industry JurisdictionThis Secured Convertible Promissory Note (this “Note”) is issued this 15th day of January 2014, jointly and severally by XG Sciences, Inc. (“XGS”), a Michigan corporation, and XG Sciences IP, LLC, a Michigan limited liability company and wholly-owned subsidiary of XGS (collectively, the “Borrower” or the “Company”), to Michael R. Knox (“Knox” or the “Holder”). This Note restates the $700,000.00 Secured Convertible Promissory Note issued on March 18, 2013 by the XGS to Knox (the “Prior Note”). The Prior Note was issued in connection with the conversion of that certain $1,000,000.00 Line of Credit Note, dated October 8, 2012, issued to the Holder by XGS, and in connection with that certain Purchase Agreement dated March 18, 2013 between Aspen Advanced Opportunity Fund, L.P. and XGS (the “Purchase Agreement”). The Prior Note is hereby cancelled and replaced in its entirely by this Note, which includes the principal (as adjusted) and all accrued interest from the original issue date of eac
XG SCIENCES, INC. Secured Convertible Promissory Note Due March 18, 2018Secured Convertible Promissory Note • January 27th, 2016 • Xg Sciences Inc • Plastic materials, synth resins & nonvulcan elastomers • Michigan
Contract Type FiledJanuary 27th, 2016 Company Industry JurisdictionThis Secured Convertible Promissory Note (this “Note”) is issued this 31st day of March 2014, jointly and severally by XG Sciences, Inc. (“XGS”), a Michigan corporation, and XG Sciences IP, LLC, a Michigan limited liability company and wholly-owned subsidiary of XGS (collectively, the “Borrower” or the “Company”), to Aspen Advanced Opportunity Fund, LP, a Delaware limited partnership (“Aspen” or the “Holder”) pursuant to that certain Purchase Agreement, dated March 18, 2013 and amended and restated on July 12, 2013 and further amended and restated on January 15, 2014 (the “Purchase Agreement”).