TO LOAN AGREEMENT DATED OCTOBER 12, 2007 BETWEEN SKYE INTERNATIONAL, INC, AND TED MAREK FAMILY TRUSTConvertible Promissory Note • March 26th, 2009 • Skye International, Inc • Retail-auto dealers & gasoline stations • Arizona
Contract Type FiledMarch 26th, 2009 Company Industry JurisdictionFOR VALUE RECEIVED, Skye International, Inc.. a Nevada corporation with offices at 7701 East Gray Road, Suite 4, Scottsdale, Arizona 85260 (the "Company"), hereby promises unconditionally, as of October 12, 2007 (the "Effective Date"), to pay to the order of Ted Marek Family Trust dated May 28, 1999, Beverly A. Marek and Thaddeus Frank Marek, Trustees, with offices at 12210 North 76th Place, Scottsdale, Arizona 85260 ("Holder"), the principal amount of One Hundred Thousand Dollars (US $100,000.00) together with interest on the principal balance outstanding from time to time under this instrument ("Note"), from and including the date hereof, until, but excluding, the date of payment, at a per annum rate equal to the "Stated Interest Rate" specified in Section 1(a) or, to the extent applicable, at the "Default Interest Rate" specified in Section 1(b), in accordance with the following terms and conditions:
EXHIBIT “A” TO LOAN AGREEMENT DATED OCTOBER 12, 2007 BETWEEN SKYE INTERNATIONAL, INC. AND PERRY D. AND ROSE LOGANConvertible Promissory Note • March 26th, 2009 • Skye International, Inc • Retail-auto dealers & gasoline stations • Arizona
Contract Type FiledMarch 26th, 2009 Company Industry JurisdictionFOR VALUE RECEIVED, Skye International, Inc., a Nevada corporation with offices at 770 1East Gray Road, Suite 4, Scottsdale, Arizona 85260 (the "Company"), hereby promises unconditionally, as of October 12, 2007 (the “Effective Date”), to pay to the order of Perry D. Logan and Rose Logan, husband and wife, as joint tenants with the right of survivorship, P.O. Box 35080, Las Vegas, Nevada 89133 (“Holder”), the principal amount of One Hundred Thousand Dollars (US $100,000.00) together with interest on the principal balance outstanding from time to time under this instrument ("Note"), from and including the date hereof, until, but excluding, the date of payment, at a per annum rate equal to the "Stated Interest Rate" specified in Section 1(a), or, to the extent applicable, at the "Default Interest Rate" specified in Section 1(b), in accordance with the following terms and conditions: