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File Type: Word
Price: $29.99
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Summary: This
convertible promissory note with warrant coverage agreement is a comprehensive
promissory note used by companies and other entities when receiving debt
investments (loans) from outside individuals. The convertibility feature allows
the note holder to convert all or part of the loan into company stock in lieu of
being paid back in cash. In addition, this promissory note provides for the
holder of the note to receive warrant coverage at an amount and time set by you
within the promissory note document. Warrants are often used to entice a
prospective investor to invest by "sweetening the pot" with an extra incentive.
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Return On Investment:
Save 4 to 6 hours of attorney time and fees in
drafting this convertible promissory note with warrant coverage agreement.
Easily tailor to meet the specific needs of your company.
Related Products and Documents:
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Installment Promissory Note
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Term Sheet - Debt Financing
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