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Convertible Secured Promissory Note

 

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Title:

Convertible Secured Promissory Note

Entities:

Immune Response Corp.; Cheshire Associates LLC

Date:

2003

Size:

7KB total

Price:

$32

ID:

#177257

 

 

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THE IMMUNE RESPONSE CORPORATION
8% CONVERTIBLE SECURED PROMISSORY NOTE

 

$1,000,000

 

New York, New York

 

 

May 15, 2003

 

In consideration of the receipt of $1,000,000, The Immune Response Corporation, a Delaware corporation (the Issuer), hereby unconditionally promises to pay to the order of Cheshire Associates LLC (the Purchaser), at the office of the Purchaser located at 535 Madison Avenue, 18th Floor, New York, New York 10022, or such other address designated by the Purchaser, in lawful money of the United States of America and in immediately available funds, on September 15, 2003 (the Note Maturity Date) the principal amount of One Million Dollars ($1,000,000) and all accrued interest at the rate of eight (8%) percent per annum based on a 365-day year (Interest Rate).


 

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