June 15, 2015
EXHIBIT 6.2
June 15, 2015
For Value Received, Xxxxx Xxxx (Xxxx) and Xxxx Motor Group, Inc (The Company) (Collectively Borrower) promises to pay to Xxxxxx Holdings, LLC. or its registered assigns, (The Holder) the principal sum of Twenty Thousand ($20,000) (The “Initial Principal Amount), With Interest from the date of this Promissory Note on the Unpaid Principal balance at a rate equal to 7% per annum. Compounded annually, payable in full or installments upon the company receives funding in excess of $250,000 dollars.
Additionally Xxxx Motor Group, Inc. promises to pay Xxxxxx Holdings $4,150.00 for monies paid for video settlement.
In Witness Thereof, the Company has caused this Promissory Note to be issued as of the date first written above.
Xxxxx Xxxx (Xxxxxxx)
Xxxx Motor Group, LLc, a Delaware Company | |||
|
| Title: CEO | |
AGREED AND ACKNOWLEDGED BY XXXXXX: | |||
|
|
|
|
|
|
|
|
|
| Title:. Principal |
|