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Agreement to Convert Outstanding Debt Sample Contracts

Protalex, Inc.
Agreement to Convert Outstanding Debt • October 13th, 2015 • Protalex Inc • Services-commercial physical & biological research

This will confirm the agreement we have reached with respect to the $13,904,336 of outstanding debt due and owing from Protalex, Inc. (“Protalex”) to Niobe Ventures, LLC (“Niobe”) as evidenced by promissory notes issued by Protalex to Niobe (the “Notes”).

Standard Contracts