SEC Contract Filing

Filing Date: 2017-03-31

Document Content:
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<TYPE>EX-10.6
<SEQUENCE>7
<FILENAME>v462088_ex10-6.htm
<DESCRIPTION>EXHIBIT 10.6
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<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.6</B></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NEITHER THE ISSUANCE NOR SALE OF THE SECURITIES
REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR
ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT REGISTRATION
IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING,
THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE
SECURITIES.</P>

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 <TD STYLE="width: 65%"><font style="font-size: 10pt"><b>Principal Amount: $30,000.00&nbsp;</b></font></td>
 <TD STYLE="width: 35%"><font style="font-size: 10pt"><b>Issue Date: September 15, 2016 </b></font></td></tr>
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 <TD><font style="font-size: 10pt"><b>Purchase Price: $26,000.00</b></font></td>
 <TD>&nbsp;</td></tr>
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 <TD STYLE="text-align: justify"><font style="font-size: 10pt"><b>Original Issue Discount: $4,000.00</b></font></td>
 <TD STYLE="text-align: justify">&nbsp;</td></tr>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>CONVERTIBLE PROMISSORY NOTE</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.95pt"><B>FOR VALUE RECEIVED</B>,
<B>CHESS SUPERSITE CORPORATION</B>, a Delaware corporation (hereinafter called the &ldquo;Borrower&rdquo;), hereby promises to
pay to the order of <B>CROWN BRIDGE PARTNERS, LLC</B>, a New York limited liability company, or registered assigns (the &ldquo;Holder&rdquo;)
the principal sum of $30,000.00 (the &ldquo;Principal Amount&rdquo;), together with interest at the rate of eight percent (8%)
per annum, at maturity or upon acceleration or otherwise, as set forth herein (the &ldquo;Note&rdquo;). The consideration to the
Borrower for this Note is $26,000.00 (the &ldquo;Consideration&rdquo;). At the closing, the outstanding principal amount under
this Note shall be $30,000.00, consisting of the Consideration plus the OID (as defined herein). The maturity date shall be twelve
(12) months from the Issue Date (the &ldquo;Maturity Date&rdquo;), and is the date upon which the principal sum, as well as any
accrued and unpaid interest and other fees shall be due and payable. This Note may not be prepaid in whole or in part except as
otherwise explicitly set forth herein. Any amount of principal or interest on this Note, which is not paid by the Maturity Date,
shall bear interest at the rate of twenty two percent (22%) per annum from the due date thereof until the same is paid (&ldquo;Default
Interest&rdquo;). Interest shall commence accruing on the date that the Note is fully paid and shall be computed on the basis of
a 365-day year and the actual number of days elapsed. All payments due hereunder (to the extent not converted into the Borrower&rsquo;s
common stock (the &ldquo;Common Stock&rdquo;) in accordance with the terms hereof) shall be made in lawful money of the United
States of America. All payments shall be made at such address as the Holder shall hereafter give to the Borrower by written notice
made in accordance with the provisions of this Note. Whenever any amount expressed to be due by the terms of this Note is due on
any day which is not a business day, the same shall instead be due on the next succeeding day which is a business day and, in the
case of any interest payment date which is not the date on which this Note is paid in full, the extension of the due date thereof
shall not be taken into account for purposes of determining the amount of interest due on such date. As used in this Note, the
term &ldquo;business day&rdquo; shall mean any day other than a Saturday, Sunday or a day on which commercial banks in the city
of New York, New York are authorized or required by law or executive order to remain closed.</P>

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