Common Contracts

2 similar Convertible Note Agreement contracts by Taoping Inc.

CONVERTIBLE PROMISSORY NOTE
Convertible Note Agreement • September 11th, 2020 • Taoping Inc. • Services-prepackaged software • New York

This Note carries an original issue discount of $80,000 (the “OID”), to cover the Holder’s accounting fees, due diligence fees, monitoring, and/or other transactional costs associated with the purchase and sale of the Note, which is included in the Principal Amount of this Note. Thus, the Purchase Price of this Note shall be $1,400,000, computed as follows: the Principal Amount minus the OID. The Purchase Price shall be payable by the Holder by wire transfer of immediately available funds.

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CONVERTIBLE PROMISSORY NOTE
Convertible Note Agreement • March 30th, 2020 • Taoping Inc. • Services-prepackaged software • New York

This Note carries an original issue discount of $40,000 (the “OID”), to cover the Holder’s accounting fees, due diligence fees, monitoring, and/or other transactional costs associated with the purchase and sale of the Note, which is included in the Principal Amount of this Note. Thus, the Purchase Price of this Note shall be $700,000, computed as follows: the Principal Amount minus the OID. The Purchase Price shall be payable by the Holder by wire transfer of immediately available funds.

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