November 15, 2001 Scott R. Gershon c/o Intercallnet, Inc. 6340 NW 5th Way Fort Lauderdale, Florida 33309 Re: Short Term Loan Dear Mr. Gershon; Please accept this letter as the official terms and conditions surrounding the temporary loan between you...Short Term Loan • February 13th, 2002 • Intercallnet Inc • Telephone communications (no radiotelephone)
Please accept this letter as the official terms and conditions surrounding the temporary loan between you and Intercallnet, Inc. (the "Company"). You have agreed to loan to the Company an amount equal to $6,000 for general operating purposes. Interest shall accrue at a rate of prime plus 2%, per annum, to be calculated over the time period that such temporary loan is outstanding.
