0001077357-01-500252 Sample Contracts

AGREEMENT
Agreement • November 19th, 2001 • Clements Golden Phoenix Enterprises Inc • Non-operating establishments • Florida
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EXHIBIT 4.8 PROMISSORY NOTE
Clements Golden Phoenix Enterprises Inc • November 19th, 2001 • Non-operating establishments • Florida

FOR VALUE RECEIVED, Clements Golden Phoenix Enterprises, Inc., a Florida corporation, with its principle offices located at 3135 S.W. Mapp Road, Palm City, FL 34990 ("Borrower"), promises to pay to the order of Joseph Rizzuti, with his principle address at __________________________________ ("Lender"), ON DEMAND the sum of Fifty Thousand Dollars ($50,000.00) with interest from and after the date hereof, at the rate of ten percent (10%) per annum.

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