CONVERTIBLE PROMISSORY NOTEConvertible Promissory Note • May 15th, 2013 • Pathfinder Cell Therapy, Inc. • Orthopedic, prosthetic & surgical appliances & supplies
For value received, the undersigned, Pathfinder Cell Therapy, Inc., a Delaware corporation (the “Borrower”), hereby unconditionally promises to pay to the order of _____________ (the “Payee”), the principal sum of $_______ and 00/100 Dollars ($_________), together with interest to maturity (whether by lapse of time, acceleration or otherwise) on the balance of principal remaining from time to time outstanding at a rate per annum equal to 6%. Interest shall be calculated on the basis of a 360-day year and actual days.
