Common Contracts
2 similar Convertible Note contracts by Hyperion Energy, Inc.
THIS NOTE AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THIS NOTE AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED...Convertible Note • November 27th, 2007 • Hyperion Energy, Inc. • Services-help supply services • New Jersey
FOR VALUE RECEIVED, Accountabilities, Inc., a Delaware corporation (hereinafter called "Borrower"), hereby promises to pay to the order of North Atlantic Resources LTD (the "Holder") with an address at 425 Broad Hollow Road, Melville, New York 11747, without demand, the sum of Two Hundred Fifty Thousand Dollars ($250,000) with simple interest accruing thereon, on the earlier of (i) February 16, 2008 or (ii) the date that is five (5) days after the Borrower has received gross proceeds of $1,500,000 or more from a private placement of securities (the "Maturity Date").
THIS NOTE AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THIS NOTE AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED...Convertible Note • November 19th, 2007 • Hyperion Energy, Inc. • Services-help supply services • New Jersey
FOR VALUE RECEIVED, Accountabilities, Inc., a Delaware corporation (hereinafter called "Borrower"), hereby promises to pay to the order of North Atlantic Resources LTD (the "Holder") with an address at 425 Broad Hollow Road, Melville, New York 11747, without demand, the sum of Two Hundred Fifty Thousand Dollars ($250,000) with simple interest accruing thereon, on the earlier of (i) February 16, 2008 or (ii) the date that is five (5) days after the Borrower has received gross proceeds of $1,500,000 or more from a private placement of securities (the "Maturity Date").
