Form of Subordinate Note issued as part of Company Restructuring] SUBORDINATE NOTESubordinate Note • February 23rd, 2004 • Naturewell Inc • In vitro & in vivo diagnostic substances • California
FOR VALUE RECEIVED, the undersigned, NatureWell, Incorporated, a Delaware corporation ("Debtor"), promises to pay to the order of [_______________________________________], a [___________________________________], or order ("Holder"), at [_________________________________________], or such other place as Holder may designate in writing, the principal amount of [__________________________________] Dollars ($________), together with interest on the unpaid principal balance from time to time outstanding, computed on the basis of a three hundred sixty (365) day year and compounded on a monthly basis at a rate (the "Interest Rate") equal to Eight Percent (8%) per annum.
SUBORDINATE NOTE FIXED RATESubordinate Note • April 20th, 1999 • Westell Technologies Inc • Telephone & telegraph apparatus • Illinois
