Short Term Advance Sample Contracts

SHORT TERM ADVANCE
Short Term Advance • March 31st, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Venturos AS, a Norwegian corporation (the “Lender”), at P.O. Box 113, 4552 Farsund, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of fifty thousand dollars ($50,000), without interest, as hereinafter provided.

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SHORT TERM ADVANCE
Short Term Advance • May 15th, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Glastad Holding, Ltd., a Cayman Islands corporation (the “Lender”), at 10 Stratton Street, 4th Floor, London WIX 4EJ (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of fifty thousand dollars ($50,000), without interest, as hereinafter provided.

SHORT TERM ADVANCE
Short Term Advance • May 15th, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Venturos AS, a Norwegian corporation (the “Lender”), at P.O. Box 113, 4552 Farsund, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of two hundred sixty thousand dollars ($260,000), without interest, as hereinafter provided.

SHORT TERM ADVANCE
Short Term Advance • May 15th, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Venturos AS, a Norwegian corporation (the “Lender”), at P.O. Box 113, 4552 Farsund, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of one hundred twenty thousand dollars ($120,000), without interest, as hereinafter provided.

SHORT TERM ADVANCE
Short Term Advance • March 31st, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Venturos AS, a Norwegian corporation (the “Lender”), at P.O. Box 113, 4552 Farsund, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of one hundred seventy-five thousand dollars ($175,000), without interest, as hereinafter provided.

SHORT TERM ADVANCE
Short Term Advance • May 15th, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Gezina AS, a Norwegian corporation (the “Lender”), at Radhusgt.5B 0151 Oslo, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of forty five thousand dollars ($45,000), without interest, as hereinafter provided.

SHORT TERM ADVANCE
Short Term Advance • May 15th, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Glastad Holding, Ltd., a Cayman Islands corporation (the “Lender”), at 10 Stratton Street, 4th Floor, London WIX 4EJ (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of thirty thousand dollars ($30,000), without interest, as hereinafter provided.

SHORT TERM ADVANCE
Short Term Advance • November 13th, 2002 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Venturos AS, a Norwegian corporation (the “Lender”), at P.O. Box 113, 4552 Farsund, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of one hundred thousand dollars ($100,000), without interest, as hereinafter provided.

SHORT TERM ADVANCE
Short Term Advance • May 15th, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Venturos AS, a Norwegian corporation (the “Lender”), at P.O. Box 113, 4552 Farsund, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of two hundred fifty thousand dollars ($250,000), without interest, as hereinafter provided.

SHORT TERM ADVANCE
Short Term Advance • May 15th, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Gezina AS, a Norwegian corporation (the “Lender”), at Radhusgt.5B 0151 Oslo, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of thirty thousand dollars ($30,000), without interest, as hereinafter provided.

SHORT TERM ADVANCE
Short Term Advance • May 15th, 2003 • Mediabin Inc • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Gezina AS, a Norwegian corporation (the “Lender”), at Radhusgt.5B 0151 Oslo, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of thirty thousand dollars ($30,000), without interest, as hereinafter provided.

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