EXHIBIT 4 PROMISSORY NOTE & AGREEMENT PRINCIPAL: $500,000 DATED: MARCH 28, 2005 INTEREST RATE: 10% MATURITY DATE: MAY 15, 2005 FOR VALUE RECEIVED, GENEREX BIOTECHNOLOGY CORPORATION (the "Borrower") hereby acknowledges itself indebted and promises to...Promissory Note • April 1st, 2005 • Generex Biotechnology Corp • Pharmaceutical preparations
FOR VALUE RECEIVED, GENEREX BIOTECHNOLOGY CORPORATION (the "Borrower") hereby acknowledges itself indebted and promises to pay to CRANSHIRE CAPITAL, L.P. (the "Holder"), at 666 Dundee Road, Suite 1901, Northbrook, Illinois 60062 the principal sum of Five Hundred Thousand Dollars ($500,000) in lawful money of the United States of America.
RECITALSAssistance Agreement • April 1st, 2005 • Generex Biotechnology Corp • Pharmaceutical preparations
