to the jurisdiction and venue of the Superior Court of New
Jersey, Bergen County, for any litigation between the parties.
Section 10. NO JURY TRIAL. EACH OF THE PARTIES HERETO KNOWINGLY AND VOLUNTARILY
WAIVES ANY AND ALL RIGHTS IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY
LITIGATION BASED ON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS
DEBENTURE.
Section 11. Waiver The Company hereby waives any and all demands of any nature
whatsoever, any and all notices of any nature whatsoever, dishonor, presentment
of any kind whatsoever, and protest of or in connection with this Debenture,
except in respect of notices required to be given by Holder upon any breach by
the Obligor.
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Section 12. Entire Agreement. THIS AGREEMENT EMBODIES THE ENTIRE AGREEMENT AND
UNDERSTANDING BETWEEN THE PARTIES HERETO AND SUPERSEDES ALL PRIOR AGREEMENTS AND
UNDERSTANDINGS RELATING TO THE SUBJECT MATTER HEREOF.
IN WITNESS WHEREOF, the Obligor has caused this Debenture to be duly executed by
a duly authorized officer as of the date set forth above.
BITZIO, INC.
By:
Print: Hubert Blanchette
Title: Chief Executive
Officer
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EXHIBIT "A"
NOTICE OF CONVERSION
(To be executed by the Holder in order to convert Debenture number BTXO - 59FF
___)
The undersigned hereby irrevocably elects to convert the below listed amount of
the Debenture into Shares of Common Stock of BITZIO, Inc., according to the
conditions stated therein, as of the Conversion Date written below.
Conversion Date:
Applicable Conversion Price:
Amount to be
Converted: $
Amount of Debenture Unconverted: $
Shares of Common Stock
to be Issued:
Please issue the shares of Common Stock in the following
name and to the following address:
Issue to:
Authorized Signature:
Name:
Title:
Phone Number:
Broker DTC Participant Code:
Account Number:
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