Common Contracts

2 similar Promissory Note contracts by Echo Automotive, Inc.

PROMISSORY NOTE
Promissory Note • October 15th, 2012 • Echo Automotive, Inc. • Metal mining • Arizona

This bridge loan being provided by Lender to Borrower to help with general operational expenses of the business. It is understood that both parties wish to replace this agreement with a more definitive purchase and/or funding agreement and both parties agree to work in good faith to negotiate the terms of a more definitive and comprehensive agreement. In the event that no definitive agreement is mutually agreed to and executed by both parties, for any reason whatsoever, this Promissory Note will remain in full force and effect.

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PROMISSORY NOTE
Promissory Note • October 15th, 2012 • Echo Automotive, Inc. • Metal mining • Arizona

This bridge loan being provided by Lender to Borrower as working capital. It is understood that both parties wish to replace this agreement with a more definitive purchase and/or funding agreement and both parties agree to work in good faith to negotiate the terms of a more definitive and comprehensive agreement. In the event that no definitive agreement is mutually agreed to and executed by both parties, for any reason whatsoever, this Promissory Note will remain in full force and effect.

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