0001096906-22-000353 Sample Contracts

CONVERTIBLE NOTE
Convertible Note • February 16th, 2022 • Axim Biotechnologies, Inc. • Pharmaceutical preparations • California

FOR VALUE RECEIVED, the undersigned, Axim Biotechnologies, Inc., a Nevada corporation (“Debtor”), promises to pay to the order of [INVESTOR], [], or order (“Holder”), at the corporate offices of Holder, or such other place as Holder may designate in writing, the principal amount of [AMOUNT EQUAL TO FACE VALUE] and 00/100 Dollars ($_______), together with interest on the unpaid principal balance from time to time outstanding, computed on the basis of a three hundred sixty (360) day year and compounded on a yearly basis at a rate equal to Three Percent (3%) per annum (the “Interest Rate”).

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