0001753926-23-000680 Sample Contracts

10% CONVERTIBLE PROMISSORY NOTE OF ARAX HOLDING CORP.
Convertible Note Agreement • May 16th, 2023 • Arax Holdings Corp • Retail-eating places • California

THIS NOTE is a duly authorized Convertible Promissory Note of Arax Holding Corp. a corporation duly organized and existing under the laws of the State of Nevada (the “Company”), designated as the Company’s 10% Convertible Promissory Note due Month XX, 2025 (“Maturity Date”) in the principal amount of $x,xxx,000 (the “Note”).

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