CONVERTIBLE PROMISSORY NOTEConvertible Note Agreement • September 11th, 2020 • Taoping Inc. • Services-prepackaged software • New York
Contract Type FiledSeptember 11th, 2020 Company Industry JurisdictionThis 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.
CONVERTIBLE PROMISSORY NOTEConvertible Note Agreement • March 30th, 2020 • Taoping Inc. • Services-prepackaged software • New York
Contract Type FiledMarch 30th, 2020 Company Industry JurisdictionThis 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.