Revolving Demand Note Sample Contracts

EXHIBIT 10-2 ------------ REVOLVING DEMAND NOTE
Revolving Demand Note • August 14th, 2001 • Asa International LTD • Services-computer integrated systems design

ON DEMAND, for value received, the undersigned, ASA International Ltd., ASA International Ventures, Inc., ASA Tire Systems Inc., ASA Legal Systems Inc. and Khameleon Software Inc. (hereinafter, collectively, the "Borrower"), jointly and severally, promise to pay to Eastern Bank ("Bank"), or order, the principal sum of One Million Five Hundred Thousand ($1,500,000.00) Dollars, or if less, such amount as may be the aggregate unpaid principal amount of all loans or advances made by the Bank to the Borrower, together with interest from the date of the Bank's first advance to the Borrower on the aggregate unpaid principal balance from time to time outstanding.

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REVOLVING DEMAND NOTE
Revolving Demand Note • May 3rd, 2019 • Jetblack Corp • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, Jetblack Corp., a Nevada corporation (“Maker”), hereby promises to pay to the order of Daniel A. Goldin (as successor-in-interest to Securities Compliance Group, Ltd.) (“Lender”), on demand, the sum of Twenty-Five Thousand and 00/100 Dollars ($25,000.00) or so much of that sum as may be advanced under this Revolving Demand Note (this “Note”), at the place and in the manner hereinafter provided, together with interest from the date hereof on the balance of principal remaining from time to time unpaid at an annual rate (“Loan Rate”) equal to nine and one-half percent (9.5%). The Loan Rate shall (a) be computed on the basis of a year consisting of 360 days, and (b) be charged for the actual number of days within the period for which interest is being charged.

REVOLVING DEMAND NOTE
Revolving Demand Note • November 2nd, 2004 • FBL Financial Group Inc • Life insurance

ON DEMAND, FOR VALUE RECEIVED, the undersigned, Farm Bureau Life Insurance Company, an Iowa corporation (“Borrower”), hereby unconditionally promises to pay to the order of Farm Bureau Mutual Insurance Company (“Lender”) in lawful money of the United States of America and in immediately available funds, the principal sum of Ten Million and No/100 Dollars ($10,000,000.00), or if less, the aggregate unpaid principal amount of all advances made by Lender to Borrower hereunder. The outstanding principal balance of this Revolving Demand Note, plus interest as calculated herein, shall be payable in full on demand therefore. In no event, however, shall there be an outstanding balance for a period in excess of thirty (30) days.

REVOLVING DEMAND NOTE
Revolving Demand Note • July 29th, 2010 • Chembio Diagnostics, Inc. • Pharmaceutical preparations

For value received, the undersigned Chembio Diagnostic Systems Inc., a Delaware corporation, with an address of 3661 Horseblock Rd, Medford, New York11763 (the "Borrower"), promises to pay to the order of HSBC Bank USA, National Association, a bank organized under the laws of the United States of America with an address of One HSBC Center, 18th Floor, Buffalo, New York 14203 (together with its successors and assigns, the "Bank"), ON DEMAND, the principal amount of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) or, if less, such amount as may be the aggregate unpaid principal amount of all loans or advances made by the Bank to the Borrower pursuant hereto, together with interest from the date hereof on the unpaid principal balance from time to time outstanding until paid in full. The aggregate principal balance outstanding shall bear interest thereon at a per annum rate equal to One-Quarter Percent (.25%) above the Prime Rate (as hereinafter defined). All accrued and un

REVOLVING DEMAND NOTE
Revolving Demand Note • June 18th, 2012 • Sugarmade, Inc. • Wholesale-paper & paper products

For value received, the undersigned Sugarmade, Inc., a California corporation, with an address of 2280 Lincoln Avenue, San Jose, California 95125 (the "Borrower"), promises to pay to the order of HSBC Bank USA, National Association, a bank organized under the laws of the United States of America with an address of One HSBC Center, 18th Floor, Buffalo, New York 14203 (together with its successors and assigns, the "Bank"), ON DEMAND, the principal amount of One Hundred Fifty Thousand Dollars and Zero Cents ($150,000.00) or, if less, such amount as may be the aggregate unpaid principal amount of all loans or advances made by the Bank to the Borrower pursuant hereto, together with interest from the date hereof on the unpaid principal balance from time to time outstanding until paid in full. The aggregate principal balance outstanding shall bear interest thereon at a per annum rate equal to One-Quarter Percent (0.25%) above the Prime Rate (as hereinafter defined). All accrued and unpaid int

REVOLVING DEMAND NOTE November 5, 2007
Revolving Demand Note • November 9th, 2007 • Sagemark Companies LTD • Services-specialty outpatient facilities, nec

For value received, the undersigned PREMIER ONCOLOGY MANAGEMENT OF NASSAU, LLC, a New York limited liability company, with an address of 1 Lethbridge Plaza, Route 17 North, Suite 20, Mahwah, New Jersey, 07430 (the "Borrower"), promises to pay to the order of Manufacturers and Traders Trust Company, a New York banking corporation with an address of One M&T Plaza (Attn: Office of General Counsel), Buffalo, New York 14203 (together with its successors and assigns, the "Bank"), ON DEMAND, the principal amount of Five Hundred Thousand Dollars and Zero Cents ($500,000.00) or, if less, such amount as may be the aggregate unpaid principal amount of all loans or advances made by the Bank to the Borrower pursuant hereto, together with interest from the date hereof on the unpaid principal balance from time to time outstanding until paid in full

MIDCAP BUSINESS CREDIT LLC REVOLVING DEMAND NOTE
Revolving Demand Note • April 5th, 2012 • Divine Skin Inc. • Perfumes, cosmetics & other toilet preparations

This Note is issued pursuant, and is subject, to the Loan Agreement, which provides, among other things, for acceleration hereof. This Note is the "Note" referred to in the Loan Agreement.

EXHIBIT 10-b CITIZENS BANK OF MASSACHUSETTS REVOLVING DEMAND NOTE
Revolving Demand Note • August 14th, 2003 • Thermodynetics Inc • Miscellaneous fabricated metal products

This Note is issued pursuant, and is subject, to the Loan Agreement, which provides, among other things, for acceleration hereof. This Note is the "Note" referred to in the Loan Agreement.

REVOLVING DEMAND NOTE
Revolving Demand Note • August 1st, 2016 • SilverSun Technologies, Inc. • Services-business services, nec

For value received, the undersigned SWK Technologies, Inc., a Delaware corporation, with an address of 6834 Buckley Road, North Syracuse, New York 13212 (the "Borrower"), promises to pay to the order of , a New York banking corporation with an address of (together with its successors and assigns, the "Bank"), ON DEMAND, the principal amount of One Million Dollars and Zero Cents ($1,000,000.00) or, if less, such amount as may be the aggregate unpaid principal amount of all loans or advances made by the Bank to the Borrower pursuant hereto, together with interest from the date hereof on the unpaid principal balance from time to time outstanding until paid in full. The aggregate principal balance outstanding shall bear interest thereon at a per annum rate equal to Ninety-Five Hundredths Percent (0.95%) above the Prime Rate (as hereinafter defined). All accrued and unpaid interest shall be payable monthly in arrears on the ____ of each month, commencing on August __, 2016.

REVOLVING DEMAND NOTE
Revolving Demand Note • December 20th, 2012 • Ex One Company, LLC • Printing trades machinery & equipment • Pennsylvania

FOR VALUE RECEIVED, THE EX ONE COMPANY, LLC, a Delaware limited liability company (the “Borrower”), promises to pay to ROCKWELL FOREST PRODUCTS, INC., a Pennsylvania corporation (the “Lender”) the aggregate unpaid principal amount of all Advances (as hereinafter defined) made by Lender to Borrower hereunder, together with interest accrued thereon from the date each Advance is made until paid in full, at an annual interest rate of eight percent (8%) (the “Interest Rate”). The aggregate unpaid principal amount of all Advances, together with accrued but unpaid interest and all other sums owing to Lender from Borrower hereunder, may be referred to herein as the “Indebtedness.”

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