Maturity Date

The date when the outstanding principal and unpaid accrued interest on the note becomes due and payable on demand by the Investor (the due date). This date can be set on an individual note or an entire series of notes basis, however it is much better for the Company for all Convertible Notes to mature at the same time, to avoid confusion and missed deadlines.

Most Convertible Notes mature between one and two years after the Company issues them.