SEC Contract Filing

Filing Date: 2023-11-14

Document Content:
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<TYPE>EX-10.5
<SEQUENCE>9
<FILENAME>ex10-5.htm
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<B>Exhibit 10.5</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THE
SECURITIES EVIDENCED HEREBY AND THE SECURITIES ISSUABLE UPON CONVERSION HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED (THE </B>&ldquo;<B>SECURITIES ACT</B>&rdquo;<B>), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. SUCH SECURITIES
MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (1) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES
ACT OR (2) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, IN EACH CASE IN ACCORDANCE WITH ALL APPLICABLE STATE
SECURITIES LAWS AND THE SECURITIES LAWS OF OTHER JURISDICTIONS, AND IN THE CASE OF A TRANSACTION EXEMPT FROM REGISTRATION, UNLESS THE
COMPANY HAS RECEIVED AN OPINION OF COUNSEL SATISFACTORY TO IT THAT SUCH TRANSACTION DOES NOT REQUIRE REGISTRATION UNDER THE SECURITIES
ACT AND SUCH OTHER APPLICABLE LAWS.</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>MOBIVITY
HOLDINGS CORP.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps"><B>Convertible
Promissory Note</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>$[</B>&#9679;<B>]
November [</B>&#9679;<B>], 2023</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">For
value received, Mobivity Holdings Corp., a Nevada corporation (the &ldquo;<I>Company</I>&rdquo;), promises to pay to the order of <B>[</B>&#9679;<B>]
</B>(the &ldquo;<I>Investor</I>&rdquo;), at such place as the Investor may from time to time in writing designate to the Company, the
principal sum of <B>$[</B>&#9679;<B>]</B>, together with all accrued but unpaid interest thereon as set forth below.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0pt 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
<B>Loan Agreement</B>. This Convertible Promissory Note (this &ldquo;<I>Note</I>&rdquo;) is one of several promissory notes (the &ldquo;<I>Notes</I>&rdquo;)
issued by the Company pursuant to that certain Securities Purchase Agreement between the Company and the investors party thereto dated
as of November [&#9679;], 2023 (the &ldquo;<I>Agreement</I>&rdquo;). All capitalized terms not otherwise defined herein having the meaning
set forth in the Agreement. By acceptance of this Note, Investor expressly agrees, for the benefit of the present and future holders
of such indebtedness, to be bound by the provisions of this Note and the Agreement.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0pt 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
<B>Payment Terms; Maturity</B>. Simple interest on the unpaid principal balance of this Note will accrue at the rate of 8.0% per annum.
Accrual of interest will commence on the date of this Note, will continue until this Note is fully paid, and will be payable in a single
installment at maturity as set forth below. The interest rate will be computed on the basis of the actual number of days elapsed in a
365-day year. If not sooner converted as provided below, the entire unpaid principal balance, together with all accrued but unpaid interest,
will be due and payable in cash on November [&#9679;], 2026 (the &ldquo;<I>Maturity Date</I>&rdquo;). The Maturity Date of this Note
and all of the other Notes may be extended by the holders of a majority of the then-outstanding principal amount of the Notes (the &ldquo;<I>Majority
Investors</I>&rdquo;). All payments of interest and principal will be made in lawful money of the United States of America and will be
made pro rata among all investors under the Agreement, without any deduction by way of set-off, counterclaim, or otherwise. All payments
will be applied first to interest and thereafter to pr