DEMAND PROMISSORY NOTE
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EX-10.27 2 breslownote100810.htm breslownote100810.htm
DEMAND PROMISSORY NOTE
$200,000 Date: October 8, 2010
FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Two Hundred Thousand Dollars and no/100 ($200,000.00), 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.
/s/ Melvin Gagaerman
Melvin Gagerman
Chief Executive Officer
Dated: October 8, 2010