ContractUnsecured Promissory Note • December 27th, 2010 • INTREorg SYSTEMS INC. • Services-computer integrated systems design
This Note shall bear simple interest at a rate of ____ percent (_%) per year from the date hereof until paid in full. The Note shall be due and payable __________ (___) days from the date hereof, at which time the Maker shall pay the principal and all interest accrued thereto. Maker shall have the right to prepay this Note, in whole or in part, at any time without penalty. Maker’s payment of this note shall be unsecured, however, will carry a senior indebted position over all other unsecured notes the company has, or may have over the ______ day period, until maturity of the note.
