KRONOS ADVANCED TECHNOLOGIES, INC. Secured Convertible Promissory Note due June 19, 2010Secured Convertible Promissory Note • July 2nd, 2007 • Sands Brothers Venture Capital Ii LLLC • Industrial & commercial fans & blowers & air purifing equip • New York
Contract Type FiledJuly 2nd, 2007 Company Industry JurisdictionFor value received, Kronos Advanced Technologies, Inc., a Nevada corporation whose principal office is located at 464 Common Street, Box 301, Belmont, Massachusetts 02478 (the “Maker”), hereby promises to pay to the order of AirWorks Funding LLLP, a Georgia limited liability limited partnership, whose principal office is located at 655 Madison Avenue, 23rd Floor, New York, New York 10021 (together with its successors, representatives, and permitted assigns, the “Holder”), in accordance with the terms hereinafter provided, the principal amount of Ten Million Eight Hundred Twenty Thousand Dollars ($10,820,000.00) or so much thereof as may be advanced by the Holder to Maker in accordance with the provisions of the Funding Agreement, together with interest thereon. This Secured Convertible Promissory Note (this “Note”) is one of the duly authorized Notes of Maker issued in connection with that Funding Agreement of even date herewith by and among the Maker and the Lenders (the “Funding Agre
ContractSecured Convertible Promissory Note • July 2nd, 2007 • Sands Brothers Venture Capital Ii LLLC • Industrial & commercial fans & blowers & air purifing equip • New York
Contract Type FiledJuly 2nd, 2007 Company Industry JurisdictionTHIS NOTE AND THE SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD, TRANSFERRED, OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR RECEIPT BY THE MAKER OF AN OPINION OF COUNSEL IN THE FORM, SUBSTANCE AND SCOPE REASONABLY SATISFACTORY TO THE MAKER THAT THIS NOTE AND THE SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION HEREOF MAY BE SOLD, TRANSFERRED, OR OTHERWISE DISPOSED OF, UNDER AN EXEMPTION FROM REGISTRATION UNDER THE ACT AND SUCH STATE SECURITIES LAWS.
KRONOS ADVANCED TECHNOLOGIES, INC. Secured Convertible Promissory Note due June 19, 2010Secured Convertible Promissory Note • July 2nd, 2007 • Sands Brothers Venture Capital Ii LLLC • Industrial & commercial fans & blowers & air purifing equip • New York
Contract Type FiledJuly 2nd, 2007 Company Industry JurisdictionFor value received, Kronos Advanced Technologies, Inc., a Nevada corporation whose principal office is located at 464 Common Street, Box 301, Belmont, Massachusetts 02478 (the “Maker”), hereby promises to pay to the order of RS Properties I LLC, a Delaware limited liability company (together with its successors, representatives, and permitted assigns, collectively, the “Holder”), in accordance with the terms hereinafter provided, the principal amount of Six Million Four Hundred Eighty Thousand Dollars ($6,480,000.00) or so much thereof as may be advanced by the Holder to Maker in accordance with the provisions of the Funding Agreement, together with interest thereon. This Secured Convertible Promissory Note (this “Note”) is one of the duly authorized Notes of Maker issued in connection with that Funding Agreement of even date herewith by and among the Maker and the Lenders (the “Funding Agreement”).
KRONOS ADVANCED TECHNOLOGIES, INC. Secured Convertible Promissory Note due June 19, 2010Secured Convertible Promissory Note • June 29th, 2007 • RS Properties I LLC • Industrial & commercial fans & blowers & air purifing equip • New York
Contract Type FiledJune 29th, 2007 Company Industry JurisdictionFor value received, Kronos Advanced Technologies, Inc., a Nevada corporation whose principal office is located at 464 Common Street, Box 301, Belmont, Massachusetts 02478 (the “Maker”), hereby promises to pay to the order of RS Properties I LLC, a Delaware limited liability company (together with its successors, representatives, and permitted assigns, collectively, the “Holder”), in accordance with the terms hereinafter provided, the principal amount of Six Million Four Hundred Eighty Thousand Dollars ($6,480,000.00) or so much thereof as may be advanced by the Holder to Maker in accordance with the provisions of the Funding Agreement, together with interest thereon. This Secured Convertible Promissory Note (this “Note”) is one of the duly authorized Notes of Maker issued in connection with that Funding Agreement of even date herewith by and among the Maker and the Lenders (the “Funding Agreement”).
KRONOS ADVANCED TECHNOLOGIES, INC. Secured Convertible Promissory Note due June 19, 2010Secured Convertible Promissory Note • June 29th, 2007 • RS Properties I LLC • Industrial & commercial fans & blowers & air purifing equip • New York
Contract Type FiledJune 29th, 2007 Company Industry JurisdictionFor value received, Kronos Advanced Technologies, Inc., a Nevada corporation whose principal office is located at 464 Common Street, Box 301, Belmont, Massachusetts 02478 (the “Maker”), hereby promises to pay to the order of AirWorks Funding LLLP, a Georgia limited liability limited partnership, whose principal office is located at 655 Madison Avenue, 23rd Floor, New York, New York 10021 (together with its successors, representatives, and permitted assigns, the “Holder”), in accordance with the terms hereinafter provided, the principal amount of Ten Million Eight Hundred Twenty Thousand Dollars ($10,820,000.00) or so much thereof as may be advanced by the Holder to Maker in accordance with the provisions of the Funding Agreement, together with interest thereon. This Secured Convertible Promissory Note (this “Note”) is one of the duly authorized Notes of Maker issued in connection with that Funding Agreement of even date herewith by and among the Maker and the Lenders (the “Funding Agre
ContractSecured Convertible Promissory Note • June 29th, 2007 • RS Properties I LLC • Industrial & commercial fans & blowers & air purifing equip • New York
Contract Type FiledJune 29th, 2007 Company Industry JurisdictionTHIS NOTE AND THE SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD, TRANSFERRED, OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR RECEIPT BY THE MAKER OF AN OPINION OF COUNSEL IN THE FORM, SUBSTANCE AND SCOPE REASONABLY SATISFACTORY TO THE MAKER THAT THIS NOTE AND THE SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION HEREOF MAY BE SOLD, TRANSFERRED, OR OTHERWISE DISPOSED OF, UNDER AN EXEMPTION FROM REGISTRATION UNDER THE ACT AND SUCH STATE SECURITIES LAWS.