EXHIBIT 10.8
ALL AMERICAN PET COMPANY, INC.
XXX XXX!
BREAKFAST CEREAL FOR DOGS
[LOGO]
AGREEMENT
On August 29, 2006, the Company entered into a related
party loan with Xx. Xxxxxxxx in the amount of $25,000. The
loan accrues interest at 15% per annum and is due on demand.
Accrued interest in the amount of $1,259 is included in
interest payable at December 31, 2006. On June 26, 2006,
this note was extended for an additional 18 months. The
Company made payments of $10,000 during the period ended
December 31, 2006.
IN WITNESS WHEREOF, the parties hereto have
executed this Agreement as of the day and year first above
written.
ALL AMERICAN PET COMPANY, INC.
By: /s/Xxxx Bershan
---------------------------------
Xxxx Bershan, Executive Vice President
XXXXX XXXXXXXX
By: /s/Xxxxx Xxxxxxxx
--------------------------------
Mr. Xxxxx Xxxxxxxx
00000 Xxxxxxx Xxxx., Xxxxx 000 * Xxxxxx, XX 00000 * 000 000-0000
*000 000-0000 Fax * xxx.xxxxxxxxxxxxxxx.xxx
ALL AMERICAN PET COMPANY, INC.
XXX XXX!
BREAKFAST CEREAL FOR DOGS
[LOGO]
AGREEMENT
This Agreement is entered into as of this 29th day of
August, 2006 between All American Pet Company, Inc., a
Maryland corporation (the "Company") and Mr. Xxxxx Xxxxxxxx.
WHEREAS, Xx. Xxxxxxxx has agreed to loan the Company
$25,000 pursuant to a Non-Negotiable Promissory Note. The
loan will accrue interest at 15% per annum and is payable
upon demand.
NOW, THEREFORE, the parties hereto agree as follows:
1. Loan to Company. Xx. Xxxxxxxx agrees to advance
to the Company, by way of loan, $25,000, such loan to be
evidenced by the Non-Negotiable Promissory Note in the form
attached hereto as Exhibit A (the "Note").
IN WITNESS WHEREOF, the parties hereto have
executed this Agreement as of the day and year first above
written.
ALL AMERICAN PET COMPANY, INC.
By: /s/Xxxx Bershan
-------------------------------------
Xxxx Bershan, Executive Vice President
XXXXX XXXXXXXX
By: /s/Xxxxx Xxxxxxxx
-------------------------------------
Mr. Xxxxx Xxxxxxxx
00000 Xxxxxxx Xxxx., Xxxxx 000 * Xxxxxx, XX 00000 * 000 000-0000
* 000 000-0000 Fax * xxx.xxxxxxxxxxxxxxx.xxx
