12% Promissory Note Sample Contracts

Fragmented Industry Exchange Inc – 12% Promissory Note (March 21st, 2014)

This Promissory Note (the "NOTE") is made and executed as of the date referred to above, by and between Ontarget Staffing Inc, a Delaware corporation (the "BORROWER"), and Lend America Inc ("LENDER"). By this Note, the Borrower promises and agrees to pay to the order of Lender, the principal sum of Fifty Thousand and 00/100 Dollars ($50,000.00), or the aggregate unpaid principal amount of all advances made by Lender to Borrower pursuant to the terms of a Revolving Line of Credit Agreement (the "LOAN AGREEMENT") of even date herewith, whichever is less, together with interest thereon from the date each advance is made until paid in full, both before and after judgment, at the rate of twelve percent (12%) per annum, simple interest.

Endeavor Ip, Inc. – Finishing Touches Home Goods, Inc. 12% Promissory Note (May 17th, 2013)

FOR VALUE RECEIVED Finishing Touches Home Goods, Inc., a Nevada corporation (the "Company"), promises to pay to [___] ("Holder"), the principal amount of [___] ($[___]) together with all accrued but unpaid interest, or such lesser amount as shall equal the then outstanding principal amount hereof together with all accrued but unpaid interest thereon, payable on the date that is eighteen (18) months from the Original Issuance Date (the "Maturity Date").

Contract (March 28th, 2011)

This Note has not been registered under the Securities Act of 1933 (the "Securities Act"), or under the provisions of any applicable state securities laws, but has been acquired by the registered holder hereof for purposes of investment and in reliance on statutory exemptions under the Securities Act, and under any applicable state securities laws. This Note may not be sold, pledged, transferred or assigned except in a transaction which is exempt under provisions of the Securities Act and any applicable state securities laws or pursuant to an effective registration statement; and in the case of an exemption, only if the Company has received an opinion of counsel satisfactory to the Company that such transaction does not require registration of this Note. IRON EAGLE GROUP, INC. March 8, 2011 $7,500 12% PROMISSORY NOTE Loan. In consideration of the loan by Investor in the principal amou

ICONIC BRANDS, INC. 12% PROMISSORY NOTE (Non-Negotiable) (December 18th, 2009)

FOR VALUE RECEIVED, ICONIC BRANDS, INC., a Nevada corporation (the "Company"), promises to pay to Double U Master Fund, L.P. (the "Holder"), the principal amount of One Hundred Thousand Dollars and no cents ($100,000.00), or such lesser amount as shall equal the outstanding principal amount hereof, together with simple interest from the date of this Note on the unpaid principal balance at a rate equal to twelve (12%) percent per annum, computed on the basis of the actual number of days elapsed and a year of 365 days. All unpaid principal, together with any then accrued but unpaid interest and any other amounts payable hereunder, shall be due and payable on January __, 2010 (the "Maturity Date").

Boomerang Systems – Addendum a to 12% Promissory Note (October 28th, 2009)

This Post-Maturity Warrant to Purchase Common Stock (the "Warrant") certifies that for value received, [__________________] (the "Holder"), or its assigns, is entitled to subscribe for and purchase from the Company (as hereinafter defined), in whole or in part, [______________] shares of duly authorized, validly issued, fully paid and non-assessable shares of Common Stock (as hereinafter defined) at the initial Exercise Price (as hereinafter defined), subject, however, to the provisions and upon the terms and conditions hereinafter set forth. The number of Warrants (as hereinafter defined), the number of shares of Common Stock purchasable hereunder, and the Exercise Price therefor are subject to adjustment as hereinafter set forth. This Warrant and all rights hereunder shall expire at 5:00 p.m., New York City time, on [______________], 2014.

Enlightened Gourmet, Inc. – ENLIGHTENED GOURMET, INC. 12% Promissory Note Due _______ ___, 2008 (February 11th, 2008)

ENLIGHTENED GOURMET, INC, a Nevada corporation (herein called the "Borrower" or the "Company), for value received, hereby promises to pay to ________________ (the "Holder") the principal amount of __________ ($______) and to pay interest on such principal amount as set forth below. Principal and interest shall be paid to the Holder on the ____ day of __________, 2008.

Oxford Media – 12% Promissory Note (July 6th, 2007)

FOR VALUE RECEIVED, Oxford Media, Inc., a Nevada corporation (the "Maker"), with its primary offices located at One Technology Drive, Building H, Irvine, CA 92618, promises to pay to the order of Palisades Master Fund, L.P., or its registered assigns (the "Payee"), upon the terms set forth below, the principal sum of One Hundred Thousand Dollars ($100,000) plus interest on the unpaid principal sum outstanding at the rate of 12% per annum (this "Note").

Oxford Media – 12% Promissory Note (July 6th, 2007)

FOR VALUE RECEIVED, Oxford Media, Inc., a Nevada corporation (the "Maker"), with its primary offices located at One Technology Drive, Building H, Irvine, CA 92618, promises to pay to the order of Midsummer Investment, Ltd., or its registered assigns (the "Payee"), upon the terms set forth below, the principal sum of One Hundred Thousand Dollars ($100,000) plus interest on the unpaid principal sum outstanding at the rate of 12% per annum (this "Note").

IR Biosciences Holdings Inc. – Contract (August 4th, 2006)

EXHIBIT 10.2 THE SECURITY REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS AND NEITHER SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS WHICH, IN THE OPINION OF COUNSEL FOR THE HOLDER, WHICH COUNSEL AND OPINION ARE REASONABLY SATISFACTORY TO COUNSEL FOR THIS COMPANY, IS AVAILABLE. 12% PROMISSORY NOTE No. 4 US$50,000 August 1, 2006 FOR VALUE RECEIVED, the Company promises to pay to the registered holder hereof, Dr. Theodore E. Staahl, and his successors and assigns (the "HOLD

IR Biosciences Holdings Inc. – Contract (August 4th, 2006)

EXHIBIT 10.3 THE SECURITY REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS AND NEITHER SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS WHICH, IN THE OPINION OF COUNSEL FOR THE HOLDER, WHICH COUNSEL AND OPINION ARE REASONABLY SATISFACTORY TO COUNSEL FOR THIS COMPANY, IS AVAILABLE. 12% PROMISSORY NOTE No.3 US$20,000 August 1, 2006 FOR VALUE RECEIVED, the Company promises to pay to the registered holder hereof, Roger Bouchard, and his successors and assigns (the "HOLDER"), the p

T-3 Energy Services Inc – This Note Has Not Been Registered Under the Securities Act of 1933, as Amended (November 27th, 1996)