Exhibit
4.6


	
  

 	
  

 
	
  

 	
 THIS NOTE HAS BEEN ACQUIRED FOR
 INVESTMENT PURPOSES ONLY AND MAY NOT BE TRANSFERRED UNTIL (i) A
 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”)
 SHALL HAVE BECOME EFFECTIVE WITH RESPECT THERETO OR (ii) RECEIPT BY THE
 COMPANY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY TO
 THE EFFECT THAT REGISTRATION UNDER THE ACT IS NOT REQUIRED IN CONNECTION WITH
 SUCH PROPOSED TRANSFER NOR IS IN VIOLATION OF ANY APPLICABLE STATE SECURITIES
 LAWS. THIS LEGEND SHALL BE ENDORSED UPON ANY NOTE ISSUED IN EXCHANGE FOR THIS
 NOTE

 


6% PROMISSORY NOTE


	
  

 	
  

 	
  

 
	
 $XX,XXX

 	
  

 	
 Date________

 
	
  

 	
  

 	
 Austin, Texas 

 



          FOR
VALUE RECEIVED, SecureCare Technologies, Inc., a Nevada corporation, whose
address is 1617 W. 6th Street – Suite C, Austin, TX 78703 (herein
after the “Maker” or the “Company”) promises to pay to the order of XXXXXXXXX
in lawful money of the United States of America, the principal amount of
XXXXXXXXXX Dollars ($XX,XXX) together with interest at the rate of six percent
(6%) per year six months from the date of this note. 


          The
Company shall use the proceeds of this note for working capital and general
corporate purposes.


          In
the event of default in any payment due under this promissory note, which remains
unpaid for a period of ten days or more, the principal and accrued interest
amount shall immediately become due and payable without any further demand or
request.


          If
any payment of principal or interest on this Note becomes due and payable on a
Saturday, Sunday or public holiday under the laws of the State of Texas, the
due date hereof shall be extended to the next succeeding full business day. All
payments received by the holder shall be applied first to the payment of
accrued interest and then to principal.


          This
Note together with the interest thereon may be prepaid in whole or in part at
any time, but each prepayment shall be in whole number multiples of $1,000 or
such lesser amount as may then remain outstanding on this Note. All prepayments
shall be applied to first to accrued interest and thereafter to principal.


          In
the event that this Note shall be placed in the hands of an attorney for
collection by reason of any default hereunder, the undersigned agrees to pay
reasonable attorney’s fees and disbursements and other reasonable expenses
incurred by the payee in connection with the collection of this Note.


          The
rights, powers and remedies given to the payee under this Note shall be in
addition to all rights, powers and remedies given to it by virtue of any
statute or rule of law.


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          Any
forbearance, failure or delay by the payee in exercising any right, power or
remedy under this Note or otherwise available to the payee shall not be deemed
to be a waiver of such right, power or remedy, nor shall any single or partial
exercise of any right, power or remedy preclude the further exercise thereof.


          No
modification or waiver of any provision of this Note shall be effective unless
it shall be in writing and signed by the payee, and any such modification or
waiver shall apply only in the specific instance for which given.


          This
Note and the rights and obligations of the parties hereto, shall be governed,
construed and interpreted according to the laws of the State of Texas wherein
it was negotiated and executed, and the undersigned consents and agrees that
the State and Federal Courts which sit in the State of Texas and the County of
Travis shall have exclusive jurisdiction of all controversies and disputes
arising hereunder.


          The
undersigned waives the right in any litigation with the payee to trial by jury.


          The
term “payee” as used herein shall be deemed to include the payee and its
successors, endorsees and assigns.


          The
undersigned hereby jointly and severally waive presentment, demand for payment,
protest, notice or protest and notice of non-payment hereof.


	
  

 	
  

 	
  

 	
  

 
	
  

 	
  

 	
 SecureCare Technologies,
 Inc.

 
	
  

 	
  

 	
  

 	
  

 
	
  

 	
  

 	
 By:

 	
        /s/ Neil Burley 

 
	
  

 	
  

 	
  

 	 

 
	
  

 	
  

 	
  

 	
      Neil
 Burley, CFO

 


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