PROMISSORY NOTEOasis Online Technologies Corp • November 20th, 2008 • Blank checks
$_______________ ________________, 2008 FOR VALUE RECEIVED, ____________________, hereinafter the "Obligor," promises to pay to OASIS ONLINE TECHNOLOGIES CORP, a Minnesota corporation ("OASIS"), the principal sum of ______________________ ($_____________) payable in _______ monthly installments, due on the 1st of each month and with the first installment due on ______________ (the "Due Dates"). No payments shall be due prior to the Due Dates. All payments pursuant to this Note shall be paid in lawful money of the United States at the principal office of OASIS or at such other place as OASIS may designate in writing. This Promissory Note is given as payment for the purchase, pursuant to a Stock Subscription Agreement dated of even date herewith, of ________________ shares of Common Stock of OASIS. This Note is secured by a pledge of the Shares, but is otherwise non-recourse against the Obligor. This Note may not be assigned, nor the securities underlying this Note tran
