REVOLVING CREDIT AGREEMENT
Exhibit
10.52
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Revolving
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San
Diego, California
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October
29, 2009
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For value
received, receipt of which is acknowledged, DotVN, Inc., a Delaware corporation,
(“Maker”) promises to pay to Xxx Xxxx Xxxxxxx, San Diego, California, (“Payee”),
or order, at such place as Payee may designate, the cumulative sum advanced
under this revolving credit agreement net of any repayments, plus interest at
the rate of ten percent (10%) per annum, on or before January 29, 2010 (the “Due
Date”).
If action
be instituted on this note, Maker promises to pay such sum as the Court may fix
as attorneys fees.
This note
will inure to the benefit of and be binding upon the respective heirs,
executors, administrators, successors and assigns of the Maker and
Payee.
IN
WITNESS THERETO, Maker has affixed its signature by a duly authorized officer
under the seal of this corporation.
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/s/
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Xxxxxx Xxxxxxx
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|
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By:
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Xxxxxx
Xxxxxxx
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Its:
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CEO
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Date
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Location
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Funds (USD) Advanced
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||||
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29
October 0000
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Xxx
Xxxxx, XX, XXX
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$ | 10,000 | |||
