ARTICLE IAsset Purchase Agreement • June 3rd, 2003 • Medianet Group Technologies Inc • Blank checks • Florida
EXHIBIT 10.4 - Promissory Note dated July 1, 2000 by and between Martin Berns and ShutterPort.Com, Inc. PROMISSORY NOTE PRINCIPAL AMOUNT $35,000 DATE: JULY 1, 2000 FOR VALUE RECEIVED, the undersigned hereby jointly and severally promise to pay to the...Promissory Note • June 3rd, 2003 • Medianet Group Technologies Inc • Blank checks • Florida
This note shall at the option of any holder thereof be immediately due and payable upon the occurrence of any of the following: 1) Failure to make any payment due hereunder within 10 days of its due date. 2) Breach of any condition of any security interest, mortgage, loan agreement, pledge agreement or guarantee granted as collateral security for this note. 3) Breach of any condition of any loan agreement, security agreement or mortgage, if any, having a priority over any loan agreement, security agreement or mortgage on collateral granted, in whole or in part, as collateral security for this note. 4) Upon the death, incapacity, dissolution or liquidation of any of the undersigned, or any endorser, guarantor to surety hereto. 5) Upon the filing by any of the undersigned of an assignment for the benefit of creditors, bankruptcy or other form of insolvency, or by suffering an involuntary petition in bankruptcy or receivership not vacated within thirty (30) days.
BACKGROUNDSecurity Agreement • June 3rd, 2003 • Medianet Group Technologies Inc • Blank checks • Florida
WARRANT TO PURCHASE COMMON STOCK OF CLAMSHELL ENTERPRISES, INC.Warrant Agreement • June 3rd, 2003 • Medianet Group Technologies Inc • Blank checks
