EXHIBIT 10.1
Page 1 of 1
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STRAIGHT NOTE
$200,000 South El Monte, California November 11, 1999
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For value received, Xxx Pharmaceuticals promises to pay Xxxx XxXxxxx
or order, at South El Monte, California the sum of TWO HUNDRED THOUSAND
DOLLARS, with interest from November 11, 1999, on unpaid principal at the
rate of twenty (20) per cent per annum; principal is payable monthly,
commencing on December 25, 1999, with monthly principal payments of $10,000.
Interest shall be calculated on the basis of the unpaid principal balance
daily, based on a 365-day year, actual day month and payable monthly.
Principal and interest shall be payable in lawful money of the United States.
If action were instituted on this note, I promise to pay such sum as the
Court may fix as attorney's fees. This note is secured by the following
trademarks; Cope and Astring-o-Sol.
11/29/99 /s/ Xxxxxx X. Xxx
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Date Xxx Xxxxxxxxxxxxxxx - Xxxxxx X. Xxx
11/24/99 /s/ Xxxxxxx X. Xxxxxxx
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Date Xxx Xxxxxxxxxxxxxxx - Xxxxxxx X. Xxxxxxx
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