Confessed Judgment Note Sample Contracts

CONFESSED JUDGEMENT NOTE
Confessed Judgment Note • September 11th, 2009 • GeoPharma, Inc. • Pharmaceutical preparations

In return for a loan that American Antibiotics, LLC, A Florida Limited Liability Company ("AA" or the "Borrower")has received, undersigned promise to pay U. S. $ 2,250,000.00 (this amount will be called "principal"), to the order of Consolidated Pharmaceutical Group, Inc. ("CPG" or the "Lender"), a Maryland Corporation, c/o Charles R. Schaller, Jr., Esquire, Linowes & Blocher,LLP., 145 Main Street, Annapolis, MD -21401. I/We understand that the Lender may transfer this Note. The Lender or anyone who takes this Note by transfer and who is entitled to receive payments under this Note will be called the "Note Holder."

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