DEMAND PROMISSORY NOTE
Contract Categories:
Business Finance
- Note Agreements
EX-10.74 5 note060112.htm note060112.htm
Exhibit 10.74
DEMAND PROMISSORY NOTE
$300,000 Date: June 1, 2012
FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Three Hundred Thousand Dollars and no/100 ($300,000.00), 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: June 1, 2012
