Company: DJTWW
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001140361-25-004848
Chunk: 250

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 424B3
Chunk 250
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 by the Maker and Payee to such account as the Payee may from time to time designate by written notice in accordance with the provisions of this Note. 1. Principal.Subject to the provisions of Section 14 hereof relating to the conversion of this Note, the Principal Amount of this Note shall be due and payable by the Maker, following written demand for payment by the Payee to Maker, at any time (the "Payment Date") on or after such date that is the earlier of (a) September 30, 2024 (the "Maturity Date"), and (b) that date upon which payment of this Note is accelerated upon an Event of Default pursuant to Section 4 hereof. Notwithstanding the foregoing, the Payee may, in Payee’s sole discretion, without any further action on the part of the Payee, extend the Maturity Date for any reason, including for the purpose of allowing the Note to convert to stock or other securities in the event Maker is undertaking a merger, a reorganization, a financing or other capitalization, a liquidity event, a sale or transfer of Maker’s assets, an initial public offering, or any other transaction or series of related transactions in which the consideration paid to stockholders of Maker in exchange for their shares is payable in cash or securities, or any combination thereof (a “ Change in Control Event”). This Note may be prepaid, in whole or in part, only with Payee’s prior written consent. Any repayment of this Note (as well as any delivery of shares of Maker’s common stock issued pursuant to the Section 14) will be subject to applicable tax withholding. 2. Interest.No interest shall accrue on the unpaid Principal Amount of this Note. 3. Application of Payments.All payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under this Note, including (without limitation) reasonable attorney’s fees, then to the payment in full of any late charges and finally to the reduction of the unpaid principal balance of this Note. 4. Events of Default.The following shall each constitute an event of default (“ Event of Default”): (a) Failure to Make Required Payments. Failure by Maker to pay the Principal Amount due pursuant to this Note within seven (7) business days after the Payment Date or otherwise convert this Note to stock or other securities pursuant to the terms of this Note. (b) Voluntary Bankruptcy, Etc. The commencement by Maker of a voluntary case under any applicable bankruptcy, ins