On the first day of each Calendar month beginning on February 1, 2017 (each such date, a “ Payment Due Date ”), the Company shall make a payment to the Holder in the amount of $50,000 of Principal plus all accrued and unpaid Interest outstanding under this Note as of such payment date by wire transfer of immediately available funds to the account listed on Schedule I hereto (or to any other account specified by the Holder to the Company in writing) to be received on or before such Payment Due Date.