DEMAND PROMISSORY NOTE
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EX-10.81 7 breslow101912.htm breslow101912.htm
DEMAND PROMISSORY NOTE
Exhibit 10.81
$250,000 Date: October 19, 2012
FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Two Hundred Fifty Thousand Dollars and no/100 ($250,000.00), together with interest of 10% per annum on the unpaid balance.
The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.
”Borrower”
Aura Systems, Inc.
____________________
Melvin Gagerman
Chief Executive Officer
Dated: October 19, 2012
