PROMISSORY NOTE
$ ____________________
SANTA ANA, CALIFORNIA
Dated: __________________
Debtor: Landmark International, Inc.
Xxxxxx: Xxxxxxx X. Xxxxxx
1. Note. In consideration for a loan in the principal amount of
$____________ the Debtor promises to pay to the order of Lender, within 364
days here from, at the option of the Lender, either:
(a) the principal amount plus interest thereon at the rate of ten
percent per annum; or
(b) common stock of Debtor in an amount calculated by dividing the
bid price of the stock on the date the principal amount was loaned
into two times the principal amount (without interest); or
(c) any combination of (a) and (b).
2. Collection Costs. Xxxxxx agrees to pay the actual expenditures made
in any attempt to collect the amount due pursuant to this Note.
3. Attorney's Fees. Debtor agrees that if any legal action is necessary
to enforce or collect this Note, the prevailing party shall be entitled to
reasonable attorneys' fees in addition to any other relief to which that
party may be entitled. This provision shall be applicable to the entire
Note.
IN WITNESS WHEREOF, the undersigned has executed this Note as of the date
hereinabove.
DEBTOR: Landmark International, Inc.
By: ______________________________________
