Exhibit 10.56 DEMAND PROMISSORY NOTE

Contract Categories: Business Finance - Note Agreements
EX-10.56 2 exhibit1056.htm exhibit1056.htm
 
 

 


 
Exhibit 10.56
DEMAND PROMISSORY NOTE
 
 

 
 

 
 
$150,000                                                                           Date:  March 18, 2011
 
 

 
 
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: March 18, 2011