DEMAND PROMISSORY NOTE
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Business Finance
- Note Agreements
EX-4.1 2 dex41.htm FORM OF DEMAND PROMISSORY NOTE ISSUED TO MICHAEL TRAINA Form of Demand Promissory Note issued to Michael Traina
Exhibit 4.1
DEMAND PROMISSORY NOTE
| AMOUNT: | US$109,449 | |
| DATE: | June 6, 2008 | |
FOR VALUE RECEIVED, CLEARPOINT BUSINESS RESOURCES, INC. promises to pay MICHAEL D. TRAINA the principal amount of US$109,449 (One Hundred Nine Thousand Four Hundred Forty-Nine U.S. Dollars) on demand. No interest shall accrue on the unpaid principal balance of this Note until demand, with interest at the rate of 5% per annum after demand.
ClearPoint Business Resources, Inc. waives presentment, demand, notice of dishonour and protest or further notice of any kind and agrees that he shall remain liable in respect of this Note as if presentment, demand, notice of dishonour and protest had been duly made or given.
| FULL VALUE RECEIVED: | ||
| CLEARPOINT BUSINESS RESOURCES, INC. | ||
| By: |
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| Name: |
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| Title: |
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| ACKNOWLEDGED AND ACCEPTED: | ||
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| Michael D. Traina | ||
