UNSECURED NOTE PAYABLE
Exhibit 2(b)(vix)
CAD $74,555 Toronto, Ontario
March 10, 2015
FOR VALUE RECEIVED, LiveReel Media Corporation (“LiveReel” or the “Borrower”), a Canadian Corporation hereby covenants and promises to pay to Baymount Incorporated (“Baymount” or the “Lender”), in the manner hereinafter provided, the principal sum of seventy-four thousand and five hundred and fifty-five Canadian dollars plus accrued interest (CAD $74,555) (the “Note”).
The Note shall be unsecured and due on demand. The Note will be subject to twelve percent (12%) interest per annum, such interest will accrue monthly and will be added to the principal.
Except as otherwise expressly provided herein, any notice, report or other communication which may be or is required to be given or made pursuant to this Agreement shall be in writing and shall be deemed to have been validly served, given or hand delivered or sent by facsimile, or other electronic communication, or three (3) days after deposit in the mail with Canada Post, with proper first class postage prepaid and addressed to the party to be notified or to such other address as any party hereto may designate for itself by like notice, as follows:
if to the Borrowers, at:
LiveReel Media Corporation
00 Xxxx Xxxxxx
Suite 1610
Toronto, ON
M5J 1S9
Attention: Xxxxxx Xxxxxx
Email: x0xxxxxx@xxxxx.xxx
if to the Lender, at:
Baymount Incorporated
0000-000 Xxxxxxxx Xxxxxx Xxxx
Toronto, ON
M5H 3P5
Attention: X. Xxxxxx Xxxxxxxx
Email: xxxxxxxxxxxxxxx@xxxxx.xxx
This Note is intended as a contract under and shall be construed and enforceable in accordance with the laws of the Province of Ontario, and the laws of Canada applicable therein.
[signature page follows]
1
IN WITNESS WHEREOF, the Borrower has caused this Note to be executed and delivered by its duly authorized officer as of the date and at the place first above written.
LIVEREEL MEDIA CORPORATION
By: /s/ Xxxxxx Xxxxxx
Name: Xxxxxx Xxxxxx
Title: Chief Financial Officer
BAYMOUNT INCORPORATED
By: /s/ X. Xxxxxx Xxxxxxxx
Name: X. Xxxxxx Xxxxxxxx
Title: Chief Executive Officer
2
