FORM OF TERM NOTETerm Note • October 31st, 2008 • Clinical Data Inc • Laboratory analytical instruments • New York
Contract Type FiledOctober 31st, 2008 Company Industry JurisdictionFor Value Received, the undersigned Avalon Pharmaceuticals, Inc., a Delaware corporation (the “Seller”) promises to pay to the order of Clinical Data, Inc. (the “Buyer”), or its assigns, in lawful money of the United States of America and in immediately available funds, the principal sum of Three Million Dollars ($3,000,000), together with interest thereon as set out herein, at its offices or such other place as Buyer may designate in writing or wire transfer as set forth in Section 3.2 below.
FORM OF TERM NOTETerm Note • October 30th, 2008 • Avalon Pharmaceuticals Inc • Pharmaceutical preparations • New York
Contract Type FiledOctober 30th, 2008 Company Industry JurisdictionFor Value Received, the undersigned Avalon Pharmaceuticals, Inc., a Delaware corporation (the “Seller”) promises to pay to the order of Clinical Data, Inc. (the “Buyer”), or its assigns, in lawful money of the United States of America and in immediately available funds, the principal sum of Three Million Dollars ($3,000,000), together with interest thereon as set out herein, at its offices or such other place as Buyer may designate in writing or wire transfer as set forth in Section 3.2 below.