The Community Agreement for Revenue Earnings, or CARE Note, is a revenue-based debt instrument designed for Regulation Crowdfunding offerings. It provides for an initial patient period followed by quarterly payments based on a percentage of the company’s gross revenues, continuing until the investor receives the agreed repayment amount. The CARE Note does not provide equity, voting, or ownership rights and is subject to the terms, risks, and limitations set forth in the instrument. Created by Paul Lovejoy.