FORM OF DEMAND PROMISSORY NOTEDemand Promissory Note • February 3rd, 2016 • RespireRx Pharmaceuticals Inc. • Pharmaceutical preparations • Delaware
FOR VALUE RECEIVED, RESPIRERX PHARMACEUTICALS INC., a Delaware corporation (the “Borrower”), with a mailing address at 126 Valley Road, Suite C, Glen Rock, New Jersey 07452, hereby promises to pay on demand and to the order of (the “Lender”), with an address of , or at such other place as the holder hereof may designate in writing, the principal sum of ($ ), together with interest thereon at the interest rate as set forth herein (the “Loan”). The Lender’s books and records as to amounts due under this Note shall be conclusive absent manifest error.
