Interest. This Note shall bear interest ("Interest") at the rate of Eight Percent (8%) per annum from the Issuance Date until the same is paid, or otherwise converted in accordance with [Section 2] below, in full and the Holder, at the Holder's sole discretion, may include any accrued but unpaid Interest in the Conversion Amount. Interest shall commence accruing on the Issuance Date, shall be computed on the basis of a 365day year and the actual number of days elapsed and shall accrue daily and, after the Maturity Date, compound quarterly Upon an Event of Default, as defined in Section 10 below, the Interest Rate shall increase to Eighteen Percent (18%) per annum for so long as the Event of Default is continuing ( Default Interest")

Interest. This NoteInterest shall bear interest ("Interest") ataccrue on a monthly basis on the rateoutstanding principal amount of Eight Percent (8%) per annum from the Issuance Date until the same is paid, or otherwise converted in accordance with [Section 2] below, in full and the Holder, at the Holder's sole discretion, may include anythis Note, plus accrued but unpaid Interest ininterest (non-compounding), at a rate per annum equal to 8.00%. The Company and the Conversion Amount.Holder negotiated such interest rate on an arm's length basis and agree that such interest rate reflects a market rate of interest as of the date hereof. Interest shall commence accruing on the Issuance Date, shall be computed on the basis of a 365day365-day year and the actual number of days elapsed and shallelapsed. Interest will accrue daily and, afteron any principal payment due under this Note until such time as payment therefor is actually delivered to the Maturity Date, compound quarterly Upon an Event of Default, as definedHolder in Section 10 below,accordance with the Interest Rate shall increase to Eighteen Percent (18%) per annum for so long as the Event of Default is continuing ( Default Interest")terms hereof.