DEMAND PROMISSORY NOTEDemand Promissory Note • August 15th, 2007 • Red Oak Concepts, Inc.
This Note shall be paid without deduction by reason of any set-off, defense or counterclaim of the Company. This Note may be repaid in whole or in part by the Company without penalty or premium at any time and from time to time. All payments received by the Holder hereunder will be applied first to costs of collection and fees, if any, then to interest, and the balance to principal.
