ContractConvertible Note • March 20th, 2015 • OSL Holdings Inc. • Services-advertising agencies • New York
THIS 12% CONVERTIBLE NOTE IS BEING ISSUED PURSUANT TO THAT CERTAIN SECURITIES PURCHASE AGREEMENT (“PURCHASE AGREEMENT”) DATED AS OF DECEMBER 31, 2014 (“ORIGINAL ISSUANCE DATE”) BETWEEN THE COMPANY AND HOLDER (AS SUCH TERMS ARE DEFINED BELOW) IN AN EXCHANGE OF ALL THE SHARES (AS DEFINED IN THE PURCHASE AGREEMENT) FOR THIS NOTE WITHOUT ANY ADDITIONAL CONSIDERATION AS CONTEMPLATED IN SECTION 6 OF THE PURCHASE AGREEMENT. FOR PURPOSES OF RULE 144 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, THIS NOTE SHALL BE DEEMED TO HAVE BEEN ISSUED ON THE ORIGINAL ISSUANCE DATE.
