DEMAND NOTEDemand Note • June 26th, 2008 • Granahan McCourt Acquisition CORP • Radio & tv broadcasting & communications equipment
FOR VALUE RECEIVED, the undersigned, Granahan McCourt Acquisition Corporation, a Delaware corporation (the “Borrower”), hereby unconditionally promises to pay, as provided below, to David C. McCourt (the “Lender”), the principal sum of six hundred thousand U.S. dollars ($600,000), by wire transfer of immediately available funds. No interest shall accrue on the unpaid principal balance of this Demand Note. Capitalized terms used and not defined herein shall have the meanings set forth in Borrower’s fourth amended and restated certificate of incorporation.
AMENDMENT ON THE TERMS AND CONDITIONS GOVERNING PURCHASESAmendment on the Terms and Conditions Governing Purchases • June 26th, 2008 • Granahan McCourt Acquisition CORP • Radio & tv broadcasting & communications equipment
This Agreement made and entered into this day, June 10, 1997, by and between Prime Electronic & Satellite, Inc. (“PESI”), having its principal place of business at 7 Industrial 9 Road, Ping-Cheng Industrial Park, Ping Cheng 324, Tao-Yuan Hsien, Taiwan, R.O.C. Tel: 011-886-3-469-9886, Fax: 011-886-3-469-9887, and Pro Brand International, Inc. (“PBI”), having its principal place of business at 1900 West Oak Circle, Marietta, Georgia 60032, U.S.A.
