CONVERTIBLE PROMISSORY NOTEConvertible Promissory Note • November 13th, 2015 • 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.
