SEC Contract Filing

Filing Date: 2018-05-14

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>3
<FILENAME>ex_10-4.htm
<DESCRIPTION>CONVERTIBLE PROMISSORY NOTE DATED @@ @@, 2018 WITH SUKH ATHWAL
<TEXT>
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<P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EXHIBIT 10.4</B>&nbsp;</FONT></P>

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<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0 0 11.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THIS
PROMISSORY NOTE (THE &ldquo;NOTE&rdquo;) HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES
LAWS AND THIS PROMISSORY NOTE, THE SECURITIES AND ANY INTEREST THEREIN MAY NOT BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE
DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION
UNDER SUCH ACT AND SUCH LAWS, WHICH, IN THE OPINION OF COUNSEL FOR THE LENDER, WHICH COUNSEL AND OPINION ARE REASONABLY SATISFACTORY
TO COUNSEL FOR THIS CORPORATION, IS AVAILABLE.</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 11.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PROMISSORY
NOTE &nbsp;</B></FONT></P>

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 <TD STYLE="width: 46%; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
 <TD STYLE="width: 54%; text-align: right; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
 <TD STYLE="line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$20,000.00</FONT></TD>
 <TD STYLE="text-align: right; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Scottsdale,
 Arizona</FONT></TD></TR>
<TR STYLE="vertical-align: top">
 <TD STYLE="line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
 <TD STYLE="text-align: right; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">April
 2, 2018</FONT></TD></TR>
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<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0 0 9.15pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0 0 9.15pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FOR
VALUE RECEIVED, the undersigned, Peak Pharmaceuticals, Inc., a Nevada corporation (referred to herein as the &quot;Borrower&quot;),
with offices at 14201 N. Hayden Road, Suite A-1, hereby unconditionally promises to pay to the order of Sukh Athwal, or his registered
assigns (the &quot;Lender&quot;), in lawful money of the United States, at such address as the Lender may from time to time designate,
the principal sum of Twenty Thousand Dollars ($20,000.00). This Note shall mature and become due and payable in full upon 180
days from the date affixed above, on October 2, 2018, or on demand by the holder (the &quot;Maturity Date&quot;).</FONT></P>

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<TD STYLE="width: 0.05pt"></TD><TD STYLE="width: 35.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Interest.
 </B>Interest shall accrue at a rate of Twelve Percent (12%) per annum.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 9.15pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Terms of Repayment. </B> The terms of repayment of this Note, plus accrued interest,
are upon the earlier of the following: </FONT></P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 9.15pt 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Maturity Date; </FONT></P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 9.15pt 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written demand by Lender; or </FONT></P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 11.4pt 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Borrower&rsquo;s receipt of any subsequent financing of $250,000 or more. </FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0 0 11.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Liability of the Borrower. </B>The Borrower is unconditionally, and without regard
to the liability of any other person, liable for the payment and performance of this Note and such liability shall not be affected
by an extension of time, renewal, waiver, or modification of this Note or the release, substitution, or addition of collateral,
if any, for this Note.</FONT></P>

<P STYLE="font: 12pt/normal Ti