OpenLaw is a free, legal agreement repository, created by a collaborative legal community around the world. Sign up or log in to edit or access this template.

Depending on the jurisdiction of the transactions and/or parties, Securities' Law Registration requirements may apply. Check with competent local counsel to determine application to the unsecured promissory note



THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED WITHOUT THE PRIOR WRITTEN CONSENT OF LENDER

Loan Amount:$[[Lender A Deposit Amount]]
Note Date:[[Effective Date]]
Maturity:[[Effective Date]]

DEAL LOCKER
-

PROMISSORY NOTE

FOR VALUE RECEIVED, [[Borrower B Name]], whose address is [[Borrower B Address]] (collectively, the ("Borrower") hereby promise to pay to the order of [[Lender A Name]] (the "Lender") at the address listed in Section 1(c) below, in Dai or other agreed-upon digital payment asset, the Loan Amount (as such terms are defined below), with accruals thereon calculated on the unpaid principal balance at the rate described in Section 1 below, said principal sum and accrual to be paid on the dates and in the manner set forth in Section 1, and further covenants and agrees as follows pursuant to this Promissory Note (the "Note"):