Common Contracts

3 similar Senior Secured Note contracts by Insite Vision Inc

INSITE VISION INCORPORATED SENIOR SECURED NOTE
Senior Secured Note • August 22nd, 2003 • Insite Vision Inc • Pharmaceutical preparations • California

FOR VALUE RECEIVED, InSite Vision Incorporated, a Delaware corporation (the “Maker”), promises to pay to the order of MHU Ventures, Inc. (“Holder”), at , the principal sum of Fifty Thousand Dollars ($50,000.00), together with all accrued interest thereon, upon the terms and conditions specified below. This Note is secured by that certain Security Agreement dated as of July 15, 2003, as the same may be amended from time to time. This Senior Secured Note replaces the Promissory Note to the Holder originally dated June 30, 2003, and the Waiver to Promissory Note dated July 15, 2003.

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INSITE VISION INCORPORATED SENIOR SECURED NOTE
Senior Secured Note • August 22nd, 2003 • Insite Vision Inc • Pharmaceutical preparations • California

FOR VALUE RECEIVED, InSite Vision Incorporated, a Delaware corporation (the “Maker”), promises to pay to the order of CNE Investments, LLC (“Holder”), at , the principal sum of One Hundred Thousand Dollars ($100,000.00), together with all accrued interest thereon, upon the terms and conditions specified below. This Note is secured by that certain Security Agreement dated as of July 15, 2003, as the same may be amended from time to time.

INSITE VISION INCORPORATED SENIOR SECURED NOTE
Senior Secured Note • August 22nd, 2003 • Insite Vision Inc • Pharmaceutical preparations • California

FOR VALUE RECEIVED, InSite Vision Incorporated, a Delaware corporation (the “Maker”), promises to pay to the order of S. Kumar Chandrasekaran, Ph.D. (“Holder”), at , the principal sum of Four Hundred Thousand Dollars ($400,000.00), together with all accrued interest thereon, upon the terms and conditions specified below. This Note is secured by that certain Security Agreement dated as of July 15, 2003, as the same may be amended from time to time.

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