Convertible Demand Note Sample Contracts

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CONVERTIBLE DEMAND NOTE entered into Panama BETWEEN
Convertible Demand Note • September 8th, 2009 • Ecolocap Solutions Inc. • Miscellaneous manufacturing industries

POMA MANAGEMENT S.A., corporation legally constituted, having its head office at suite 53rd URB, Obarrio, Swiss Tower, 16th floor, Panama, Republic of Panama, herein represented by Pablo J. Espino, President of the company, duly authorized as he so declares;

Contract
Convertible Demand Note • March 23rd, 2006 • Arel Communications & Software LTD • Services-computer integrated systems design • New York

This Note and the securities represented hereby have not been registered under the United States Securities Act of 1933, as amended (the “Act”), or under the securities or blue sky laws of any State, and may not be sold, or otherwise transferred, in absence of such registration or an exemption therefrom under the Act and under any such applicable State laws.

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