Common Contracts
2 similar null contracts by Ariel Way Inc
EXHIBIT EAriel Way Inc • May 6th, 2008 • Patent owners & lessors • Texas
THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER THE SECURITIES LAWS OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT AND SUCH STATE SECURITIES LAWS AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY.
ACQUISITION PROMISSORY NOTE April 30, 2008Ariel Way Inc • May 6th, 2008 • Patent owners & lessors • Texas
FOR VALUE RECEIVED, the undersigned, ARIEL WAY, INC., a Florida corporation (the “Company”), promises to pay to ___________________ or permitted assigns (the “Lender”) at 401 Willowcrest Lane Rockwall, TX 75032, or such other address as the Lender shall specify in writing, and subject to Section 1 below, the principal sum of ___________________________ U.S. Dollars and 00/100 ($______________) (the “Principal Amount”) in one installment in immediately available United States’ funds due upon the earlier of (i) either the earlier of (a) 45 days after the Company’s completion of the audit of the Financial Statements in accordance with Section 1.7(b) of the Merger Agreement, or (b) June 30, 2008; or (ii) the occurrence and continuance of an Event of Default (as hereinafter defined), together with interest at the annual rate of eight percent (8%) on the unpaid principal balance. This Acquisition Promissory Note (this “Note”) is being issued pursuant to Section 1.7(b) of the Agreement and Pl
