Company	:	Diana's Donuts Inc
Corporate Address	:	1140 3rd St NE, Washington, FL 20002
Offering Minimum	:	$10,000.00
Offering Maximum	:	$1,000,000.00
Minimum Investment Amount (per investor)	:	$1.00

Terms

Offering Type	:	Convertible Promissory Notes
Type of Equity Converted Into	:	[TYPE OF EQUITY CONVERTED INTO]
Conversion Trigger	:	$100,000.00
Maturity Date	:	May 05, 1999
Valuation Cap	:	$123,123.00
Discount Rate	:	[DISCOUNT RATE]%
Annual Interest Rate	:	[ANNUAL INTEREST RATE]%

What is a Convertible Note?

A convertible note offers you the right to receive [TYPE OF EQUITY CONVERTED INTO] in Diana's Donuts Inc. The amount of [TYPE OF EQUITY CONVERTED INTO] you will receive in the future will be determined at the next equity round in which the Company raises at least $100,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $123,123.00 Valuation Cap or if less, then you will receive a [DISCOUNT RATE]% discount on the price the new investors are paying. You also receive [ANNUAL INTEREST RATE]% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to receive [TYPE OF EQUITY CONVERTED INTO] equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).

Perks and Material Information Starts here

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Invest $10,000 (US investors only)

Receive

* Limited 200 edition DD memorabilia

* Quarterly Investor Updates

* Private cocktail & charcuterie party with all our top investors

* Two VIP tickets to Trade Live event.

Invest $25,000 (US investors only)

Receive

* Limited 100 edition DD memorabilia

* Quarterly Investor Updates

* Private cocktail & charcuterie party with all our top investors

* Two VIP tickets to Trade Live event.

* 1 on 1 zoom call with our CEO to discuss growth.

Invest $50,000 (US investors only)

Receive

* Listed as official backer on Crunch base.

* Limited 50 edition DD memorabilia

* Quarterly Investor Updates

* In-person dinner with CEO and executives at live event.

* Private cocktail & charcuterie party with all our top investors

* Four VIP tickets to Trade Live event.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

DD will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $4.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $400. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.

The end of Perks and other Material Information