EXHIBIT 4.8
GIVBUX, INC.
www.givbux.com
_§_ales Financing Term Sheet
April 5, 2023
| Issuer: | Givbux, Inc. (the "Company"). |
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| Amount: | $25,000 |
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| Instrument: | 15% Promissory Notes (the "Notes"). |
Terms of Notes:
| Maturity: | One Hundred Twenty (120) Day term. | |
| Interest: | 15% flat fee, paid monthly commencing 30 days from the date of issuance, which accrues from the date of issuance until the date of maturity. | |
| Debt Retirement: | In consideration of$25,000 cash, GivBux Inc will repay the principal and interest of 15% ($3,750) for a total repayment of $28,750. The note shall be repaid within 150 days, to be paid by weekly instalhnents. | |
| A 5% penalty on the remaining principal and interest will be assessed monthly if the note is not satisfied within the 150 day term beginning on the 151st day. |
| Minimum: | $15,000. |
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| Purpose: | Working capital and general corporate purposes. |
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| Investor Suitability: | The Notes will only be offered to "accredited investors," as that term is defined in Rule 501 of Regulation D promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended. |
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| Additional Information: | If you would like additional information about the Company or the terms of the offering described above, you may contact Ken Jones at 949.400.5963. |
This Term Sheet does not constitute an offer of GivBux, Inc. to sell nor a solicitation of an offer to buy the securities as proposed in this Term Sheet.
| /s/ Robert Thompson |
| /s/ Michael Brown |
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| GivBux, Inc. |
| Individual Michael Brown, Individual |
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| GivBux, Inc. | Strictly Confidential | For Information Purposes ONLY |