Exhibit 10.49

EX-10.49 24 ex49.htm ex49.htm
 
Exhibit 10.49
 
DEMAND PROMISSORY NOTE
 
 

 
 

 
 
$300,000                                                                                     Date: July 2, 2010
 
 

 
 
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: July 2, 2010