Exhibit 4.3
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PROMISSORY NOTE
UNSECURED DEMAND
$ 32,000.00 November 22, 1996
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For value received, Sono-Tek Corporation (the "Borrower"), hereby promises to
pay to the order of Xxxxx X. Xxxxx (the "Lender") Thirty-two thousand dollars ON
DEMAND.
The Borrower agrees to pay interest from the date hereof on the unpaid balance
of this note, at a rate per annum equal to 10.25%. Interest shall be calculated
on the basis of a 360 day year.
The Borrower agrees to pay all costs and expenses, such as wire transfer fees,
bank fees or broker charges, incurred by Xxxxxx to effect this loan.
Borrower: Sono-Tek Corporation
2012 Rt. 9W Bldg. 3
Milton, NY 12547
Signature /s/ Xxxxxx X. Xxxxxx President
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Xxxxxx X. Xxxxxx
Signature /s/ X. Xxxxxx Xxxxxxxx Controller & Treasurer
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X. Xxxxxx Xxxxxxxx
