SEC Contract Filing

Filing Date: 2016-11-09

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ex10-2.htm
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<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE &ldquo;<U>ACT</U>&rdquo;),
OR UNDER ANY APPLICABLE STATE SECURITIES LAWS. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND
MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT AND THE APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION
OR EXEMPTION THEREFROM. HOLDERS SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN
INDEFINITE PERIOD OF TIME. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY
TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES
LAWS.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THIS
NOTE IS SUBJECT TO THE TERMS OF THAT CERTAIN UNIT S<FONT STYLE="text-transform: uppercase">ubscription</FONT> AGREEMENT AMONG
THE HOLDER <FONT STYLE="text-transform: uppercase">and quantum materials corp.</FONT> DATED AS OF <FONT STYLE="text-transform: uppercase">the
date hereof</FONT>, AS THE SAME MAY BE AMENDED FROM TIME TO TIME.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps"><B><U>NON-NEGOTIABLE
UNSECURED CONVERTIBLE PROMISSORY NOTE</U></B></FONT></P>

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

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 <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">$[_______]</FONT></TD>
 <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">April
____, 2016</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">For
value received, </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quantum Materials Corp., a Nevada
corporation, promises to pay to the order of [<U>&#9;&#9;____________&#9;]</U>, in lawful money of the United States of America
in immediately available funds, the lesser of (a) the principal sum of [<U>
____&#9;</U>] Dollars ($[<U>
____</U>]), or (b) the outstanding
principal balance hereunder, as provided below:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.&#9;<U>Unit
Subscription Agreement</U>.<B> </B>This Note is issued pursuant to the Unit Subscription Agreement, dated as of the date hereof,
by and among the Company and the Holder (the &ldquo;<U>Subscription Agreement</U>&rdquo;). The Holder is subject to certain restrictions
set forth in the Subscription Agreement and shall be entitled to certain rights and privileges set forth in the Subscription Agreement.
This Note is one of the Notes referred to as the &ldquo;Notes&rdquo; in the Subscription Agreement. This Note is being issued
in the series of similar promissory notes in connection with the Offering. Capitalized terms used but not otherwise defined shall
have the meaning ascribed to such terms in the Subscription Agreement.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.&#9;<U>Definitions</U>.
As used in this Note, the following terms have the following meanings:</FONT></P>

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