SELLER FINANCING NOTESeller Financing Note • October 18th, 2024 • Innovative Food Holdings Inc • Wholesale-groceries, general line • Colorado
FOR VALUE RECEIVED, Innovative Food Holdings, Inc., a Florida corporation, and its predecessors, successors, and assigns (“Borrower”) promises to pay to the order of Golden Organics, Inc., a Colorado corporation (“Lender”) the aggregate principal sum of Three Hundred Fifty Thousand Dollars and 00/100 Dollars ($350,000.00) (the “Principal Amount”), plus interest accruing thereon as set forth below. Borrower and Lender are the parties to that certain Asset Purchase Agreement, dated as of October 14, 2024, and this Note is the Note contemplated thereby (the “Purchase Agreement”).
