NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE...POSITIVEID Corp • December 30th, 2014 • Communications equipment, nec • New York
This is a $158,400.00 Senior Convertible, Redeemable Debenture of PositiveID Corporation, a Delaware corporation (the “Company” or the “Borrower”), having its principal place of business at 1690 South Congress Avenue, Suite 201, Delray Beach, Florida 33445, in favor of Dominion Capital LLC, a Connecticut limited liability company (“Dominion”). The principal sum hereof consists of the sum of (i) $115,408.00 (which represents the incremental payment made by Dominion to IronRidge Global IV, Ltd., a British Virgin Islands business company, in connection with Dominion’s acquisition of that certain $550,000.00 Senior Secured, Convertible, Redeemable Debenture of the Company from IronRidge, the then-holder thereof), (ii) the amount expended by Dominion with a third-party service provider in its performance of lien and litigation searches and related security filings in connection with transactions contemplated by that certain Purchase Agreement by and between the Company and the Holder, dated
