Document:

Exhibit 10.3

 

PROMISSORY NOTE (“NOTE”) - 0% SIMPLE
INTEREST

 

 

$2,000

7/08/2020

 

 

For VALUE RECEIVED, SYBLEU INC. (“Borrower”)
promises to pay to David R. Koos (“Lender”) the principal sum of Two Thousand Dollars [$2,000] with no interest to
accrue on the balance. The said principal shall be payable in lawful money of the United States of America at the demand of the
Lender. This Note may be prepaid in whole or in part at any time without premium or penalty. The Borrower hereby waives any notice
of the transfer of this Note by the Lender or by any subsequent holder of this Note, agrees to remain bound by the terms of this
Note subsequent to any transfer, and agrees that the terms of this Note may be fully enforced by any subsequent holder of this
Note. All terms and conditions of this Note shall be interpreted under the laws of the state of California and venue shall be the
state of California.

 

 

 

SYBLEU INC.( Borrower)

 

By:/s/David R. Koos

 

CHAIRMAN AND CEO

 

Accepted By:

 

DAVID R KOOS (Lender)

 

By:/s/David R. Koos

 

DAVID R. KOOSExhibit
10.4

PROMISSORY
NOTE (“NOTE”) - 0% SIMPLE INTEREST

 

 

$1,000

7/14/2020

 

 

For
VALUE RECEIVED, SYBLEU INC. (“Borrower”) promises to pay to David R. Koos (“Lender”) the principal sum
of One Thousand Dollars [$1,000] with no interest to accrue on the balance. The said principal shall be payable in lawful money
of the United States of America at the demand of the Lender. This Note may be prepaid in whole or in part at any time without
premium or penalty. The Borrower hereby waives any notice of the transfer of this Note by the Lender or by any subsequent holder
of this Note, agrees to remain bound by the terms of this Note subsequent to any transfer, and agrees that the terms of this Note
may be fully enforced by any subsequent holder of this Note. All terms and conditions of this Note shall be interpreted under
the laws of the state of California and venue shall be the state of California.

 

 

 

SYBLEU
INC.( Borrower)

 

By:/s/David
R. Koos

 

CHAIRMAN
AND CEO

 

Accepted
By:

 

DAVID
R KOOS (Lender)

 

By:/s/David
R. Koos

 

DAVID
R. KOOSExhibit
10.5

 

PROMISSORY
NOTE (“NOTE”) - 0% SIMPLE INTEREST

 

 

$2,400

7/27/2020

 

 

For
VALUE RECEIVED, SYBLEU INC. (“Borrower”) promises to pay to David R. Koos (“Lender”) the principal sum
of $2,400 with no interest to accrue on the balance. The said principal shall be payable in lawful money of the United States
of America at the demand of the Lender. This Note may be prepaid in whole or in part at any time without premium or penalty. The
Borrower hereby waives any notice of the transfer of this Note by the Lender or by any subsequent holder of this Note, agrees
to remain bound by the terms of this Note subsequent to any transfer, and agrees that the terms of this Note may be fully enforced
by any subsequent holder of this Note. All terms and conditions of this Note shall be interpreted under the laws of the state
of California and venue shall be the state of California.

 

 

 

SYBLEU
INC.( Borrower)

 

By:/s/
David R. Koos

 

CHAIRMAN
AND CEO

 

Accepted
By:

 

DAVID
R KOOS (Lender)

 

By:/s/David
R. Koos

 

DAVID
R. KOOSExhibit
10.6

PROMISSORY
NOTE (“NOTE”) - 0% SIMPLE INTEREST

 

 

$2,000

7/30/2020

 

 

For
VALUE RECEIVED, SYBLEU INC. (“Borrower”) promises to pay to David R. Koos (“Lender”) the principal sum
of $2,000 with no interest to accrue on the balance. The said principal shall be payable in lawful money of the United States
of America at the demand of the Lender. This Note may be prepaid in whole or in part at any time without premium or penalty. The
Borrower hereby waives any notice of the transfer of this Note by the Lender or by any subsequent holder of this Note, agrees
to remain bound by the terms of this Note subsequent to any transfer, and agrees that the terms of this Note may be fully enforced
by any subsequent holder of this Note. All terms and conditions of this Note shall be interpreted under the laws of the state
of California and venue shall be the state of California.

 

 

 

SYBLEU
INC.( Borrower)

 

By:/s/
David R Koos

 

CHAIRMAN
AND CEO

 

Accepted
By:

 

DAVID
R KOOS (Lender)

 

By:/s/
David R. Koos

 

DAVID
R. KOOSExhibit 10.7

 

PROMISSORY
NOTE (“NOTE”) - 0% SIMPLE INTEREST

 

 

$1,800

7/31/2020

 

 

For
VALUE RECEIVED, SYBLEU INC. (“Borrower”) promises to pay to David R. Koos (“Lender”) the principal sum
of $1,800 with no interest to accrue on the balance. The said principal shall be payable in lawful money of the United States
of America at the demand of the Lender. This Note may be prepaid in whole or in part at any time without premium or penalty. The
Borrower hereby waives any notice of the transfer of this Note by the Lender or by any subsequent holder of this Note, agrees
to remain bound by the terms of this Note subsequent to any transfer, and agrees that the terms of this Note may be fully enforced
by any subsequent holder of this Note. All terms and conditions of this Note shall be interpreted under the laws of the state
of California and venue shall be the state of California.

 

 

SYBLEU
INC.( Borrower)

 

By:/s/
David R Koos

 

CHAIRMAN
AND CEO

 

Accepted
By:

 

DAVID
R KOOS (Lender)

 

By:/s/
David R. Koos

 

DAVID
R. KOOSExhibit
10.8

PROMISSORY
NOTE (“NOTE”) - 0% SIMPLE INTEREST

 

 

$500

8/06/2020

 

 

For
VALUE RECEIVED, SYBLEU INC. (“Borrower”) promises to pay to David R. Koos (“Lender”) the principal sum
of $500 with no interest to accrue on the balance. The said principal shall be payable in lawful money of the United States of
America at the demand of the Lender. This Note may be prepaid in whole or in part at any time without premium or penalty. The
Borrower hereby waives any notice of the transfer of this Note by the Lender or by any subsequent holder of this Note, agrees
to remain bound by the terms of this Note subsequent to any transfer, and agrees that the terms of this Note may be fully enforced
by any subsequent holder of this Note. All terms and conditions of this Note shall be interpreted under the laws of the state
of California and venue shall be the state of California.

 

 

 

SYBLEU
INC.( Borrower)

 

By:/s/
David R Koos

 

CHAIRMAN
AND CEO

 

Accepted
By:

 

DAVID
R KOOS (Lender)

 

By:/s/
David R. Koos

 

DAVID
R. KOOSExhibit
10.9

 

PROMISSORY
NOTE (“NOTE”) - 0% SIMPLE INTEREST

 

 

$415

8/14/2020

 

 

For
VALUE RECEIVED, SYBLEU INC. (“Borrower”) promises to pay to David R. Koos (“Lender”) the principal sum
of $415 with no interest to accrue on the balance. The said principal shall be payable in lawful money of the United States of
America at the demand of the Lender. This Note may be prepaid in whole or in part at any time without premium or penalty. The
Borrower hereby waives any notice of the transfer of this Note by the Lender or by any subsequent holder of this Note, agrees
to remain bound by the terms of this Note subsequent to any transfer, and agrees that the terms of this Note may be fully enforced
by any subsequent holder of this Note. All terms and conditions of this Note shall be interpreted under the laws of the state
of California and venue shall be the state of California.

 

 

SYBLEU
INC.( Borrower)

 

By:/s/
David R Koos

 

CHAIRMAN
AND CEO

 

Accepted
By:

 

DAVID
R KOOS (Lender)

 

By:/s/
David R. Koos

 

DAVID
R. KOOSExhibit
10.10

PROMISSORY
NOTE (“NOTE”) - 0% SIMPLE INTEREST

 

 

$75

8/17/2020

 

 

For
VALUE RECEIVED, SYBLEU INC. (“Borrower”) promises to pay to David R. Koos (“Lender”) the principal sum
of $75 with no interest to accrue on the balance. The said principal shall be payable in lawful money of the United States of
America at the demand of the Lender. This Note may be prepaid in whole or in part at any time without premium or penalty. The
Borrower hereby waives any notice of the transfer of this Note by the Lender or by any subsequent holder of this Note, agrees
to remain bound by the terms of this Note subsequent to any transfer, and agrees that the terms of this Note may be fully enforced
by any subsequent holder of this Note. All terms and conditions of this Note shall be interpreted under the laws of the state
of California and venue shall be the state of California.

 

 

SYBLEU
INC.( Borrower)

 

By:/s/
David R Koos

 

CHAIRMAN
AND CEO

 

Accepted
By:

 

DAVID
R KOOS (Lender)

 

By:/s/
David R. Koos

 

DAVID
R. KOOSExhibit
10.11

 

PROMISSORY
NOTE (“NOTE”) - 0% SIMPLE INTEREST

 

 

$500

8/27/2020

 

 

For
VALUE RECEIVED, SYBLEU INC. (“Borrower”) promises to pay to David R. Koos (“Lender”) the principal sum
of $500 with no interest to accrue on the balance. The said principal shall be payable in lawful money of the United States of
America at the demand of the Lender. This Note may be prepaid in whole or in part at any time without premium or penalty. The
Borrower hereby waives any notice of the transfer of this Note by the Lender or by any subsequent holder of this Note, agrees
to remain bound by the terms of this Note subsequent to any transfer, and agrees that the terms of this Note may be fully enforced
by any subsequent holder of this Note. All terms and conditions of this Note shall be interpreted under the laws of the state
of California and venue shall be the state of California.

 

 

SYBLEU
INC.( Borrower)

 

By:/s/
David R Koos

 

CHAIRMAN
AND CEO

 

Accepted
By:

 

DAVID
R KOOS (Lender)

 

By:/s/
David R. Koos

 

DAVID
R. KOOSExhibit
10.12

 

PROMISSORY
NOTE (“NOTE”) - 0% SIMPLE INTEREST

 

 

$500

9/03/2020

 

 

For
VALUE RECEIVED, SYBLEU INC. (“Borrower”) promises to pay to David R. Koos (“Lender”) the principal sum
of $500 with no interest to accrue on the balance. The said principal shall be payable in lawful money of the United States of
America at the demand of the Lender. This Note may be prepaid in whole or in part at any time without premium or penalty. The
Borrower hereby waives any notice of the transfer of this Note by the Lender or by any subsequent holder of this Note, agrees
to remain bound by the terms of this Note subsequent to any transfer, and agrees that the terms of this Note may be fully enforced
by any subsequent holder of this Note. All terms and conditions of this Note shall be interpreted under the laws of the state
of California and venue shall be the state of California.

 

 

SYBLEU
INC.( Borrower)

 

By:/s/
David R Koos

 

CHAIRMAN
AND CEO

 

Accepted
By:

 

DAVID
R KOOS (Lender)

 

By:/s/
David R. Koos

 

DAVID
R. KOOS

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