0000722051-07-000056 Sample Contracts

AutoNDA by SimpleDocs
Exhibit 10.1(a) SECURED PROMISSORY NOTE
Pro Tech Communications, Inc. • April 27th, 2007 • Telephone communications (no radiotelephone)

FOR VALUE RECEIVED, Pro Tech Communications, Inc., a Florida corporation ("Maker"), promises to pay to the order of _____________ ("Holder"), at ___________________ or at such other place as Holder may from time to time designate in writing, the principal sum of ___________________________ ($___________), to be paid in lawful money of the United States of America. The unpaid principal balance on this Note shall bear interest at a rate of fifteen percent (15%) per annum. All interest charges shall be calculated on the basis of a 365-day year. Maker shall make payment in full of both principal and interest due to Holder no later than _____________________.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!