LOAN AGREEMENT AND PROMISSORY NOTELoan Agreement and Promissory Note • March 18th, 2009 • Yacht Finders, Inc. • Services-business services, nec • New York
Contract Type FiledMarch 18th, 2009 Company Industry JurisdictionTHIS LOAN AGREEMENT AND PROMISSORY NOTE, dated as of December 31, 2008 (the “Note”), between YACHT FINDERS, INC., a Nevada Corporation (the "Maker"), having an address at 122 Ocean Park Blvd., Suite 307, Santa Monica, CA 90405 and Fountainhead Capital Management Limited (the "Payee"), having an address at Portman House, Hue Street, St. Helier, Jersey JE4 5RP. Each of the Maker and the Payee are referred to herein as a “Party”, and collectively as the “Parties.”