CONVERTIBLE PROMISSORY NOTEConvertible Promissory Note • October 12th, 2012 • Originoil Inc • Industrial organic chemicals • Nevada
Contract Type FiledOctober 12th, 2012 Company Industry JurisdictionFOR VALUE RECEIVED, OriginOil, Inc., a Nevada corporation, (the “Borrower”) with approximately 13,000,000 common shares issued and outstanding, promises to pay to ____________, a Nevada corporation, or its Assignees (the “Lender”) the Principal Sum along with the Interest and any other fees according to the terms herein (the “Note”). The Note shall become effective on __________________ (the “Effective Date”).