PROMISSORY NOTE AND SECURITY AGREEMENTNote and Security Agreement • November 29th, 2022 • Isoray, Inc. • Surgical & medical instruments & apparatus • Delaware
FOR VALUE RECEIVED, Viewpoint Molecular Targeting, Inc., a Delaware corporation (“Borrower”), hereby promises to pay to the order of Isoray, Inc., a Delaware corporation (“Lender”), at the office of Lender located at 350 Hills Street, Suite 106, Richland, WA 99354, the principal amount of Six Million Dollars (U.S. Dollars) ($6,000,000) (the “Principal Amount”) or such lesser principal amount as from time to time shall be outstanding hereunder, as reflected in the books and records of Lender, together with interest on the principal balance from time to time outstanding hereunder, from (and including) the date of disbursement until (but not including) the date of payment, at a per annum rate equal to the Stated Interest Rate specified below, in accordance with the terms and conditions set forth in this Promissory Note and Security Agreement (this “Note” or this “Agreement”). The “Principal Amount” includes the maximum aggregate total of Advances for budgeted items pursuant to Section 5 o
