EXHIBIT 10.46
Page 1 of 1
--------------------------------------------------------------------------------
STRAIGHT NOTE
$100,000 South El Monte, California September 7, 1999
-----------------
For value received, Xxx Pharmaceuticals promises to pay Xxxx XxXxxxx or
order, at South El Monte, California the sum of ONE HUNDRED THOUSAND DOLLARS,
with interest from September 7, 1999, on unpaid principal at the rate of twenty
(20) per cent per annum; principal is payable monthly, commencing on October 20,
1999, with monthly principal payments of $5,000. 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.
SEPTEMBER 7, 1999 XXXXXX X. XXX
----------------- -----------------------------------
Date Xxx Xxxxxxxxxxxxxxx - Xxxxxx X. Xxx
SEPTEMBER 7, 1999 XXXXXXX X. XXXXXXX
----------------- ----------------------------------------
Date Xxx Pharmaceuticals - Xxxxxxx X. Xxxxxxx
--------------------------------------------------------------------------------