FORM OF DEMAND PROMISSORY NOTEEWaste Systems, Inc. • November 21st, 2011 • Retail-computer & computer software stores • Nevada
FOR VALUE RECEIVED, the undersigned E-Waste Systems, Inc. (“Payor”), promises to pay to the order of__________________ (“Holder”), on demand, at such address as may be designated in writing by Holder of this Note, the principal amount of __________________ Dollars ($______) together with interest on the unpaid principal amount from __________, 2011 at the rate of twelve percent (12%) per annum; disbursed monthly.
ContractEWaste Systems, Inc. • November 21st, 2011 • Retail-computer & computer software stores • Nevada
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. IT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR AN APPLICABLE EXEMPTION FROM REGISTRATION UNDER SAID ACT AND APPLICABLE STATE SECURITIES LAWS.
