CAPRIUS, INC. UNSECURED PROMISSORY NOTECaprius Inc • June 30th, 2010 • Hazardous waste management
CAPRIUS, INC., a Delaware corporation (the “Company”), for value received, hereby promises to pay to the order of ___________ (the “Holder”), ninety (90) days after the date hereof, the principal sum of _______________ ($__________), together with interest at the rate of fourteen (14%) percent per annum from the date hereof until the entire principal shall become paid or otherwise satisfied, subject to earlier prepayment as set forth below, both principal and interest to be payable at the principal office of the Company at One University Plaza, Hackensack, New Jersey 07601, or at such other location as the Company and the Holder may agree upon in writing. This Unsecured Promissory Note (the “Note”) is one of a duly authorized issue of Notes of the Company limited to an aggregate principal amount of up to $150,000. The Holder shall also receive warrants to purchase __________ shares of common stock, par value $0.01 per share (the “Common Stock”) at an exercise price of $0.10 per share (
