DEMAND NOTEDemand Note • November 13th, 2009 • Infinite Group Inc • Services-computer programming, data processing, etc.
FOR VALUE RECEIVED, INFINITE GROUP, INC., a corporation with offices at 60 Office Park Way, Pittsford, New York 14534 (the “Borrower”), hereby promises to pay on demand to JAMES VILLA, an individual residing at 308 Rock Beach Road, Rochester, NY 14617 (the “Lender”), the principal sum of Fifty Thousand Dollars ($50,000.00), plus accrued interest at the annual rate of twelve percent (12%).
