CONVERTIBLE NOTE (FOR DISCUSSION PURPOSES ONLY – NOT FOR SOLICITATION) Maturity Date : 12 Months from Note closing dateConvertible Note • October 10th, 2013 • Cytosorbents Corp • Surgical & medical instruments & apparatus
FOR VALUE RECEIVED, the undersigned CytoSorbents Corporation (the “Company”), promises to pay in equity as set forth below on or before xx/xx/xx, to_________________________ (“Creditor"), at New York, NY the principal sum of ____________ ($0.00) (the “Principal”), together with interest accruing thereon at the rate of 8% per annum, payable on or before maturity of the Note. This Note together with any Warrants issued hereunder shall be defined as the Securities (the “Securities”).
