0001607062-20-000083 Sample Contracts

8% Junior Unsecured Convertible Note
Convertible Security Agreement • March 30th, 2020 • Kannalife Inc • Pharmaceutical preparations • New Jersey

This 8% Junior Unsecured Convertible Note (the “Note”) is duly authorized and issued by Kannalife, Inc., a corporation incorporated under the laws of the State of Delaware (the “Company”), having its principal place of business located at 3805 Old Easton Road, Doylestown, PA 18902. This Note is one of a series of junior unsecured convertible notes of the Company, of like tenor and kind, in the aggregate principal amount of not more than $3,000,000 being issued by the Company contemporaneously with this Note (such notes other than this Note being hereinafter referred to as the “Other Notes”).

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