Picture of USA Convertible Note Picture of USA Convertible Note

USA Convertible Note

Induce an investor to inject capital into a US company by offering a Convertible Note as security for repayment of the investment.

  • All amounts due will become immediately due and payable upon any default by the borrower (Obligor).
  • The indebtedness under the Note will be subordinated to all other indebtedness of the Obligor.
  • The holder of the Note may at any time prior to maturity of the Note, convert all or any part of the outstanding indebtedness into shares in the capital of the Obligor.
  • Prior to an initial public offering by the Obligor, the entire outstanding balance will be automatically converted into shares.
  • The conversion price will be adjusted to protect the rights of the holder on the occurrence of a stock split, dividend, recapitalization, merger, consolidation or similar transaction.
This USA Convertible Note template is in MS Word format, and is fully editable to meet your particular needs.
Document Type: Microsoft Word
Last Updated: 14-April-2016
SKU: 7359
$29.99
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Cut your employer remittances by staffing your business with independent contractors instead of employees under this Independent Contractor Agreement for US employers.

  • The independent contractor is responsible for remitting his or her own taxes and other required deductions.
  • The contractor will not be entitled to vacation pay, health insurance, social security, workers' compensation, or any employee benefits.
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