Investor Terms – Propane West Coast Notes

Non-binding summary. Definitive terms are set in the Note Purchase Agreement and Promissory Notes.

Structure at a Glance

Instrument: Unsecured promissory notes (issued under an NPA)
Upfront Interest: 10% of principal, paid by Propane West Coast at funding (not deducted from proceeds)
Repayment: Equal monthly principal-only payments
Prepayment: Allowed anytime, no penalty
Late Fee: 10% of any installment paid >30 days late; if >60 days late, remaining principal may be accelerated
Security: Unsecured (no collateral)
Use of Proceeds: General working capital and operations
Governing Law: [California or applicable state]

$50,000 (12 months)

- Upfront interest: $5,000

- Monthly principal: $4,166.67 × 12

$100,000 (24 months)

- Upfront interest: $10,000

- Monthly principal: $4,166.67 × 24

$250,000 (36 months)

- Upfront interest: $25,000

- Monthly principal: $6,944.44 × 36

$250,000 (48 months)

- Upfront interest: $25,000

- Monthly principal: $5,208.33 × 48

Disclosures

This one‑pager is a summary for discussion purposes only and does not constitute an offer to sell or a

solicitation to buy securities. Any offering will be made solely pursuant to definitive documents (NPA and

Promissory Notes) and applicable exemptions. Eligibility may be limited to qualified investors in certain

jurisdictions.

Contact

Propane West Coast

[Name, Title]

[Email Address] · [Phone Number]

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