A stand-alone convertible promissory note for use in connection with a private placement to accredited investors in reliance on Rule 506 of Regulation D under the Securities Act or Section 4(a)(2) of the Securities Act. The convertible note is intended for use by early-stage startup companies to raise seed capital from angel investors, friends, and family before receiving institutional venture capital financing. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.