0001002014-13-000212 Sample Contracts

CONVERTIBLE DEBENTURE
Convertible Debenture • May 15th, 2013 • Cardinal Energy Group, Inc. • Oil & gas field exploration services

FOR VALUE RECEIVED, Cardinal Energy Group, Inc a Nevada Corporation (“Maker") promises to pay to _____________________________________ ("Holder") the aggregate principal sum of _____________________________($______________) together with interest on the unpaid principal amount outstanding from time to time at an annual rate equal to eight percent (8%), calculated on an actual 365 day basis.

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