0000949353-99-000013 Sample Contracts

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PROMISSORY NOTE
Promissory Note • May 17th, 1999 • Autotradecenter Com Inc

This Promissory Note is hereby entered into on the 22nd day of September, 1997 by and between Auto Network USA, Inc., an Arizona corporation having its office at 8135 E. Butherus, Suite 3, Scottsdale, Arizona 85260 AND Jeff Erskine, an individual residing at 26031 N. Palomino Trail, Scottsdale, Arizona 85255, both personally and for and on behalf of Auto Network USA, Inc., AND Mike Stuart, an individual residing at 9118 E. Topeka Dr., Scottsdale, Arizona 85255, AND John Carrante, an individual, residing at 9634 N. 120th Street, Scottsdale, Arizona 85259, hereinafter referred to as the BORROWERS, AND, Evelyn Felice, whose address is 5404 E. New River Road, Cave Creek, AZ 8533 1, hereinafter referred to as the LENDER. Borrowers hereby jointly and severally promise to pay to the order of Evelyn Felice the sum of four hundred thousand dollars ($400,000.00), together with interest thereon at the rate of twelve percent (12%) per annum on the unpaid balance. Said sum shall be paid as follows:

PROMISSORY NOTE
Autotradecenter Com Inc • May 17th, 1999

This Promissory Note is hereby entered into on the I St day of September, 1998 by and between Auto Network USA, Inc., an Arizona corporation having its office at 8135 E. Butherus, Suite 3, Scottsdale, Arizona, hereinafter referred to as the BORROWER, AND, Mike and/or Debbie Stuart, whose address is 9118 East Topeka Drive, Scottsdale, Arizona 85255, hereinafter referred to as the LENDER. Borrower hereby promises to pay Lender the sum of Fifty Thousand Dollars ($50,000.00), together with interest thereon at the rate of twelve percent (12%) per annum on the unpaid balance. Said sum shall be paid as follows: Interest payments of $500.00 payable in affaires on the I" day of each month beginning October 1, 1998; and, The principal amount of $50,000.00 shall be due and payable on October 1, 1999 unless such termination of this Note shall occur in which case all principal amount shall become immediately due and payable. This note may be prepaid, in full at any time, without penalty. This Note

BETWEEN AUTO NETWORK GROUP, INC. AND WALDEN REMARKETING SERVICES, INC.
Agreement and Plan of Reorganization • May 17th, 1999 • Autotradecenter Com Inc • Arizona
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