0001213900-21-067848 Sample Contracts

REVOLVING PROMISSORY NOTE AGREEMENT OUTDOOR SPECIALTY PRODUCTS, INC. (Line of Credit Loan)
Revolving Promissory Note Agreement • December 29th, 2021 • Outdoor Specialty Products, Inc. • Sporting & athletic goods, nec • Utah

FOR VALUE RECEIVED, intending to be legally bound hereby, Outdoor Specialty Products, Inc., a Utah corporation having an address of 3842 Quail Hollow Drive, Salt Lake City, Utah 84109 (“Borrower”), hereby promises to pay to the order of Ed Bailey, an individual, or his successors and assigns (referred to herein as the “Noteholder”) at 4685 S. Highland Drive, Suite 200, Salt Lake City, Utah 84117, the principal sum of SEVEN THOUSAND AND NO/100 DOLLARS (US$7,000.00), or so much of that sum as may be advanced by the Noteholder under this Promissory Note from time to time and not repaid (the “Principal Indebtedness”), plus interest as computed below.

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FIRST AMENDMENT TO REVOLVING PROMISSORY NOTE AGREEMENT
Revolving Promissory Note Agreement • December 29th, 2021 • Outdoor Specialty Products, Inc. • Sporting & athletic goods, nec

This First Amendment to Revolving Promissory Note Agreement is made and entered into as of the 1st day of December 2021 by and between Outdoor Specialty Products, Inc., a Nevada corporation (“Borrower”), and Kirk Blosch (“Noteholder”).

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