THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE " SECURITIES ACT "), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD,
PLEDGED, OR OTHERWISE TRANSFERRED OR DISPOSED OF UNLESS AND UNTIL THIS NOTE IS REGISTERED UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE.
GABRIEL TECHNOLOGIES CORPORATION
PROMISSORY NOTE
$_____________
_______________, 2009
FOR VALUE RECEIVED, the undersigned, Gabriel Technologies Corporation, a
Delaware corporation (" Company "), promises to pay to the
order of ____________________ (" Lender ") the principal sum of _______________________________ Dollars ($_________.00) (the " Principal
?), without interest, which amount shall be due and payable in lawful money of the United States of America at such place as Lender may from time to time designate, at the time and in accordance with the terms and conditions provided in Section 1 below.
This Note is one of the Notes issued by the Company pursuant to the Promissory Note Purchase Agreement effective _______________, 2009 among the Company and the investors that are parties thereto (the "
Purchase Agreement ").
1. Payments . The Company shall pay Lender (i) _______________________________ Dollars ($_________.00) ...