EXCHANGE AGREEMENTExchange Agreement • September 16th, 2015 • ADVANCED MEDICAL ISOTOPE Corp • Surgical & medical instruments & apparatus • Delaware
THIS EXCHANGE AGREEMENT (this “Agreement”) is dated as of September __, 2015 (the “Closing Date”), between Advanced Medical Isotope Corporation, a Delaware corporation (the “Company”) and ________ (the “Holder”).
PROMISSORY DEMAND NOTEPromissory Note • September 16th, 2015 • ADVANCED MEDICAL ISOTOPE Corp • Surgical & medical instruments & apparatus • Delaware
FOR VALUE RECEIVED, Advanced Medical Isotope Corporation, (the “Borrower”), hereby promises to pay to the order of ___________, (the “Lender”), the principal sum of $________ plus interest, payable at maturity, at the rate of eight percent (8%), as set forth below. Principal and accrued interest shall be due and payable on demand, with thirty (30) days’ written notice to Borrower, at any time on or after March 31, 2017 (the “Demand Date”) or at such earlier time as provided herein. Payments of principal and interest shall be made when due, at the address of the Lender in lawful money of the United States of America.
