REVOLVING NOTERevolving Note • August 7th, 2007 • Marine Growth Ventures Inc • Water transportation
FOR VALUE RECEIVED, Marine Growth Ventures Inc., Marine Growth Aggregates, Inc., Marine Growth Finance and Charter, Inc., Marine Growth Freight, inc. and Gulf Casino Cruises, Inc., Delaware corporations (collectively the "Borrower"), having an office at 3408 Dover Road, Pompano Beach, Florida 33062, hereby promises to pay to the order of Irrevocable Children’s Trust (the "Lender"), at the Lender's office located at 1818 North Farwell Avenue, Milwaukee, Wisconsin 53202 or at such other place in the continental United States as the Lender may designate in writing, upon demand, in lawful money of the United States, and in immediately available funds, the principal sum of up to ONE HUNDRED THOUSAND DOLLARS ($100,000), or so much thereof as shall have been advanced by the Lender to the Borrower as hereinafter set forth and then be outstanding, and to pay interest thereon on the Maturity Date at an annual rate equal to ten percent (10%), as follows:
BAREBOAT CHARTERBareboat Charter • August 7th, 2007 • Marine Growth Ventures Inc • Water transportation • Florida
This Bareboat Charter (“this Charter”) is made by and between GREYSTONE MARITIME HOLDINGS, LLC ("Owner") and FRACTIONAL MARINE, INC. ("Charterer"), as of July 30, 2007.
