Common Contracts

2 similar Promissory Note contracts by iHealthcare, Inc.

PROMISSORY NOTE
Promissory Note • February 5th, 2019 • iHealthcare, Inc. • Retail-miscellaneous retail • Florida

For value received, under the Business Development Agreement [related to the delivery of an executed Management and Administrative Services Agreement for De Queen Healthcare Hospital LLC (DQH)] that has been duly executed between iHealthcare Management Company and the Managing Partner of DQH, the undersigned iHealthcare Management Company, a Florida Corporation (the "Borrower"), at 3901 NW 28th Street, 2nd Floor, Miami, Florida 33142, promises to pay Empower Capital Group, LLLP at the direction of Jorge A. Perez and Ricardo J. Perez (the "Lender"), at 201 Alhambra Circle, Suite 702, Coral Gables, FL 33134(or at such other place as the Lender may designate in writing), the sum of Eight Hundred Thousand Dollars $800,000.00 with interest from January 7, 2019, on the unpaid principal at the rate of 4% per annum.

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PROMISSORY NOTE
Promissory Note • February 5th, 2019 • iHealthcare, Inc. • Retail-miscellaneous retail • Florida

For value received, under the Business Development Agreement [related to the delivery of an executed Management and Administrative services Agreement for CAH Acquisition Company 4, LLC D/B/A Drumright Regional Hospital (DRH)] that has been duly executed between iHealthcare Management II Company and the Managing Partner of DRH, the undersigned iHealthcare Management II Company, a Florida Corporation (the "Borrower"), at 3901 NW 28th Street, 2nd Floor, Miami, Florida 33142, promises to pay Empower Capital Group, LLLP at the direction of Jorge A. Perez and Ricardo J. Perez (the "Lender"), at 201 Alhambra Circle, Suite 702, Coral Gables, FL 33134(or at such other place as the Lender may designate in writing), the sum of Eight Hundred Sixty Five Thousand Four Hundred Sixty Dollars $865,460.00 with interest from January 7, 2019, on the unpaid principal at the rate of 4% per annum.

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