EXHIBIT 10.3 PROMISSORY NOTE AMOUNT OF LOAN: $***500,000.00***USD FIVE HUNDRED THOUSAND AND NO/100*** -------------------------------------------------------- 12201 Technology Boulevard, Suite 150 Austin, Texas 78727 Dated: JUNE 21, 2006 Valence...Valence Technology Inc • June 26th, 2006 • Miscellaneous electrical machinery, equipment & supplies • California
Company FiledJune 26th, 2006 Industry Jurisdiction