10% Convertible Note due September 30, 2022Convertible Note • September 25th, 2020 • Usa Equities Corp. • Services-business services, nec • Florida
THIS NOTE is one of a series of duly authorized and validly issued 10% Convertible Notes in the aggregate principal amount of up to $500,000, of USA Equities Corp., a Delaware corporation, (the “Company”), having its principal office at 901 Northpoint Parkway, Suite 302, West Palm Beach, Florida 33407, designated as its “10% Convertible Notes due September 30, 2022,” as the same may be supplemented, modified, amended, restated or replaced from time to time in the manner provided herein, this “Note” and, collectively with the other notes of the series the “Notes”.
NOTE PURCHASE AGREEMENT Preliminary StatementNote Purchase Agreement • September 25th, 2020 • Usa Equities Corp. • Services-business services, nec • Florida
USA Equities Corp., a Delaware corporation (the “Company”), by this Note Purchase Agreement (this “Subscription Agreement” or this “Agreement”) is offering to “accredited investors” (as defined in Rule 501 of Regulation D of the Securities Act of 1933, as amended, hereinafter referred to as the “Securities Act”) up to five hundred thousand ($500,000) dollars principal amount of its Convertible Notes (the “Offering”), in reliance upon the exemption from the registration requirements of the Securities Act provided by Rule 506 of Regulation D. The minimum investment is for a Convertible Note (a “Note,” collectively, the “Notes”) in the principal amount of twenty-five thousand ($25,000) dollars, provided that the Company reserves the right in its absolute discretion to accept subscriptions for less than the minimum investment.
