CONVERTIBLE NOTEJackson Rivers Co • May 10th, 2007 • Communications services, nec
Company FiledMay 10th, 2007 IndustryTHE JACKSON RIVERS COMPANY, (OTCBB:JKRI) a Florida corporation (the Company”), for value received hereby promises to pay to the order of VANTAGE POINT CONSULTING and or assignee (“Payee”), the Principal Amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00), as per the Fee Agreement executed on November 12, 2005 and incorporated herein as Exhibit A, on or before the Due Date of this Note at the office of the Payee at 550 Greens Parkway, Suite 230, Houston, Texas 77067, with accrued interest payments & principal from the date of issuance of this Note at the rate of eight percent (8.0%) per annum due and payable on or before January 1, 2007 (the “Due Date”).