DISCRETIONARY ADVANCE SECURED PROMISSORY NOTEDiscretionary Advance Secured Promissory Note • February 11th, 2010 • Znomics, Inc. • Pharmaceutical preparations
FOR VALUE RECEIVED, Znomics, Inc., a Nevada corporation (the “Borrower”), promises to pay to the order of , and his, her or its successors and assigns, as lender (the “Lender”), at such place as may be designated from time to time by the holder hereof, in lawful money of the United States of America, $_______ or such greater or lesser amounts that have been advanced from time to time by the Lender to or for the benefit of Borrower, together with interest on the unpaid principal balance hereof from the date hereof until this Note is fully paid, at an annual rate of interest, calculated on the basis of actual number of days elapsed in a 360 day year, that shall at all times be equal to 5%.
