5% Promissory Note Sample Contracts

Praetorian Property, Inc. – Cannabis-Rx Inc. 5% PROMISSORY NOTE (March 6th, 2014)

FOR VALUE RECEIVED Cannabis-Rx Inc., a Delaware corporation (the "Company"), promises to pay _________________________ ("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 twenty-four (24) months from the Original Issuance Date (the "Maturity Date").

Praetorian Property, Inc. – Longview Real Estate Inc. 5% Promissory Note (January 10th, 2014)

FOR VALUE RECEIVED Longview Real Estate Inc., a Delaware corporation (the "Company"), promises to pay _________________________ ("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 twenty-four (24) months from the Original Issuance Date (the "Maturity Date").

Praetorian Property, Inc. – Longview Real Estate Inc. 5% Promissory Note (September 18th, 2013)

FOR VALUE RECEIVED Longview Real Estate Inc., a Delaware corporation (the "Company"), promises to pay _________________________ ("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 twenty-four (24) months from the Original Issuance Date (the "Maturity Date").

Berkshire Homes, Inc. 5% Promissory Note (July 1st, 2013)

FOR VALUE RECEIVED Berkshire Homes, 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 twenty-four (24) months from the Original Issuance Date (the "Maturity Date").

Berkshire Homes, Inc. 5% Promissory Note (June 14th, 2013)

FOR VALUE RECEIVED Berkshire Homes, 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 twenty-four (24) months from the Original Issuance Date (the "Maturity Date").

Vaporin, Inc. – Valor Gold Corp. 5% Promissory Note (May 31st, 2012)

FOR VALUE RECEIVED Valor Gold Corp., a Delaware corporation (the "Company"), promises to pay to Pershing Gold Corporation ("Holder"), the principal amount of Five Hundred Thousand Dollars ($500,000.00) 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 as upon the earlier of (i) the date of the closing of one or more private placements or public offerings of the Company's securities in which the Company receives in the aggregate gross proceeds of Seven Million Five Hundred Thousand Dollars ($7,500,000) (the "Trigger Financing") or (ii) the date that is eighteen (18) months from the Original Issuance Date (such earlier date, the "Maturity Date"). For the avoidance of doubt, the private placement of the Company's securities that is conducted in conjunction with the reverse merger transaction (the "Reverse Merger Financing") between the Company an

Black Sea Metals Inc. – Anadolun Madencilik Ltd. Sti. (A LIMITED COMPANY UNDER THE PROVISIONS OF THE TURKISH COMMERCIAL CODE) 5% PROMISSORY NOTE (May 25th, 2011)

This Note has been issued pursuant to the terms of the Bridge Loan Agreement dated as of [Date], 2011 (the "Loan Agreement") and a Term Sheet dated as of [Date], 2011 (the "Term Sheet"), each as between Maker and the Holder.