PROMISSORY NOTEPromissory Note • April 23rd, 2015 • Advanced Voice Recognition Systems, Inc • Crude petroleum & natural gas • North Carolina
FOR VALUE RECEIVED under the Patent Monetization Services Letter Agreement dated March 20, 2015 (the “Agreement”) by and between the undersigned, Adapt IP Ventures, LLC, a North Carolina limited liability company, having its principal offices at 30 Hendersonville Road, Suite 11, Asheville, NC 28803 (“AIP”) and Advanced Voice Recognition Systems, Inc., a Nevada corporation, having its principal offices at 7659 E. Wood Drive, Scottsdale, AZ 85260 (“Company”), AIP hereby promises to pay to Meyer & Associates, L.L.C. (“Law Firm”) funds to continue prosecuting Patents (as that term is defined in the Agreement) on behalf of Company up to a maximum amount of Twenty Thousand Dollars ($20,000) in lawful money of the United States of America (the actual amount paid to Law Firm, the “Principal”). Company hereby promises to pay to the order of AIP, or to such other holder of this promissory note (the “Note”) as AIP may from time to time designate in writing pursuant to Section 8, the Principal, to
