Optionally Convertible Debenture Subscription Agreement

To raise funds by issuing convertible bonds, it is possible to use either a convertible note subscription agreement or a convertible note instrument. If a company subscribes to one (or very little) investor for the note, a conversion note subscription agreement can be used. Unlike a Simple Agreement for Future Equity (SAFE), a convertible loan established under a convertible bond contract is remunerated, has a maturity date and sets a minimum amount of funds to be obtained for equity financing. (a) The bonds would, if applicable, be cashed in _________equal monthly payments of Rs.______________________/- from the end of the month – the date of the first payment of the funds by FUND for the underwriting of the debt securities; The terms of conversion of convertible bonds into equity under a convertible note subscription agreement are eligible financing in the event of a liquidity event or on a maturity date. Until the bonds are deposited or paid, the company must pay all the interest funds on the bonds (__________f_______________________ ____________________der debt securities or part of them and/or the payment of a tranche of interest on the bonds by the interest fund funds company equal to -% (_______vom date of the late period until the date, when the interest rate and repayment is paid late. PROVIDED ALWAYS AND IT IS HEREBY AGREED AND DECLARED that all interest that is accon the Denietures outstanding or any part of and for the time being remaining unpaid and all other monies become payable under these presents, if these are not paid on the dates they arrive and mature, interest rates will be increased at the interest rate of ___p.a.