0001144204-04-004971 Sample Contracts

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Exhibit 10.27 [FORM OF] PROMISSORY NOTE
Excalibur Industries Inc • April 16th, 2004 • Fabricated structural metal products

FOR VALUE RECEIVED, on the dates and in the amount so stipulated, the undersigned, Excalibur Industries, Inc., a Delaware corporation with its principal place of business located at 16825 Northchase Dr., Ste 630, Houston, TX 77060 (hereinafter referred to as "Maker," whether one or more), hereby agrees and promises to pay to WSHS, Inc. (hereinafter referred to as "Payee," which term shall in every instance refer to any owner or holder of this Note), in care of its Agent, William Stuart, at 1906 Castlerock, Houston, Texas 77090 or at such other place and to such other party or parties as the Payee may from time to time designate in writing, on demand, the principal sum of ___________________________ AND NO/100 ($___________) in coin or currency of the United States of America. Interest shall accrue thereon from and after the date hereof until maturity at the rate of prime (as published in the Wall Street Journal) plus 1.5% per annum until paid, but in no event shall the interest exceed

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