DEMAND PROMISSORY NOTE

Contract Categories: Business Finance - Note Agreements
EX-10.61 4 exhibit1061.htm exhibit1061.htm
 
 

 


 
Exhibit 10.61
 
DEMAND PROMISSORY NOTE
 
 

 
 

 
 
$225,000                                                                                     Date:  August 12, 2011
 
 

 
 
FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Two  Hundred Twenty Five Thousand Dollars and no/100 ($225,000.00), 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 12, 2011