Convertible Subordinated Capital Note Sample Contracts

UNITED STATES OF AMERICA STATE OF TEXAS QI SYSTEMS, INC.
Convertible Subordinated Capital Note • November 20th, 2006 • Qi Systems Inc • Services-computer programming services

On this date of September 5, 2006 for good and valuable consideration, QI SYSTEMS, INC., a Nevada corporation, (hereinafter collectively called the "COMPANY"), hereby grants a ten (10) day period for the below named party to enter into a subordinated Capital Note loan agreement with the COMPANY as follows:

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STATE OF NEVADA
Convertible Subordinated Capital Note • December 13th, 2000 • Cavalcade of Sports Media Inc
STATE OF NEVADA
Convertible Subordinated Capital Note • March 20th, 2001 • Cavalcade of Sports Media Inc • Cable & other pay television services
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