amountsowedundertheNoteatorpriortosuchconsummation;
(x)
theentrythereof,bonded,
(xi)
the Companyshallprovide at
(xii)theCompanyshallbeinbreachofanymaterialcontractoragreement.
(b)
theHolder'selection,immediatelydue andpayableincash at
theMandatoryDefaultAmount.Uponthepaymentinfull
(c)
Section8. Miscellaneous.
(a)
NoRightsas StockholderUntilConversion.This Note
doesnotentitlethe Holderto
anyvotingrights,dividendsorotherrightsasastockholderoftheCompanypriortotheconversionhereofotherthanasexplicitlysetforthinSection4.
(b)
IftotheCompany: MaxSoundCorporation.
2902A ColoradoAvenue,SantaMonica, CA 90904
IftoHolder:
BellridgeCapitalLP.
515 E.LasOlasBoulevard, Suite 120AFortLauderdale,Florida33301,
ortosuchotheraddressasanyofthem,bynoticetotheothermaydesignatefromtimetotime.
Timeshallbecountedto,orfrom,asthecasemaybe,thedateofdelivery.
(c)
(d)
(e)
ExclusiveJurisdiction;GoverningLaw.Allquestionsconcerningtheconstruction,validity,
agrees thatalllegalproceedings concerning the
(f)
of anyotherprovisionofthis Note. ThefailureoftheCompanyorthe Holdertoinsist
uponstrict adherencetothat termoranyotherterm ofthis
Noteonanyotheroccasion.AnywaiverbytheCompanyortheHoldermustbeinwriting.
(g)
(h)
Note and anyof the other TransactionDocumentsat Law or inequity(including
adecree of
specificperformanceand/orotherinjunctiverelief),andnothinghereinshalllimittheHolder'srighttopursueactualand
consequentialdamages for any failure bythe Company to comply withtheterms ofthis
that, intheeventofany suchbreachorthreatened breach, theHolder shall beentitled,
(i)
(SignaturePagesFollow)
INWITNESSWHEREOF,theCompanyhascausedthisNotetobedulyexecutedbyadulyauthorizedofficerasofthedatefirstaboveindicated.
MAXSOUNDCORPORATION.
[image_001.jpg]By:
ANNEXANOTICEOFCONVERSION
Theundersignedherebyelectstoconvertprincipalunderthe8%ConvertibleNotedueJanuary
Conversioncalculations:
DatetoEffectConversion:
yes no
If yes, $ of Interest Accrued on AccountofConversionatIssue.
NumberofsharesofCommonStocktobeissued:
:
DWACInstructions:
BrokerNo:
AccountNo:
Schedule1CONVERSION SCHEDULE
The8%Convertible Note dueonJanuary5,2018in the
Dated:
DateofConversion(orforfirstentry,OriginalIssueDate)
AmountofConvertedPrincipal
AggregatePrincipalAmountRemainingSubsequenttoConversion
(ororiginalPrincipalAmount)
ApplicableConversionPrice
CompanyAttest