DEMAND PROMISSORY NOTE

Contract Categories: Business Finance - Note Agreements
EX-10.77 8 note082712.htm note082712.htm
 
 

 


 
Exhibit 10.77

 
DEMAND PROMISSORY NOTE
 
 

 
 

 
 
$150,000                                                                           Date:  August 27, 2012
 
 

 
 
FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of One Hundred Fifty Thousand Dollars and no/100 ($150,000.00), 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: August 27, 2012