Sept 21 (Reuters) - Smart Employee Benefits Inc SEB.V :
* Company intends to complete two private placement offerings each consisting of up to $1.3 million of principal of convertible promissory notes
* First offering to consist of unsecured notes that will have one-year term, principal amount to be convertible at $0.30 per share
* One-Year notes will bear interest at 12% per annum, with interest calculated and payable monthly in arrears Source text for Eikon: Further company coverage: SEB.V