INTERCOMPANY SETTLEMENT AGREEMENT BETWEEN APPLIED RESEARCH OF MARYLAND, INC. AND ARSOFTWARE, INC. AND ARINTERNET, INC. THIS AGREEMENT made this ___ day of __________, 1998, by and between ARSoftware, Inc. and ARInternet, Inc. (hereinafter jointly and...Settlement Agreement • September 15th, 1998 • Applied Research Corp • Blank checks • Maryland
PROMISSORY NOTE ---------------Promissory Note • September 15th, 1998 • Applied Research Corp • Blank checks • Maryland
FOR VALUE RECEIVED, THE UNDERSIGNED ARInternet, Inc. and ARSoftware, Inc. ("Maker"), jointly and severally promise to pay to the order of Applied Research of Maryland Inc., One Hundred Fifty Thousand Dollars ($150,000.00).
RECITALS --------Security Agreement • September 15th, 1998 • Applied Research Corp • Blank checks • Maryland
GUARANTY OF PAYMENT ------------------- THIS GUARANTY OF PAYMENT (this "Guaranty"), made this ___ day of __________, 1998, to Applied Research of Maryland, Inc. ("ARM"), by S.P.S. Anand (the "Guarantor"). ARM and Guarantor are sometimes collectively...Guaranty of Payment • September 15th, 1998 • Applied Research Corp • Blank checks • Maryland
