Promissory Note between Kinetic Resources Corp. and Luis Antonio Delgado Gonzalez dated May 10, 2011
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Summary
Kinetic Resources Corp., a Nevada corporation, agrees to repay Luis Antonio Delgado Gonzalez $10,000 plus 6% annual simple interest by May 31, 2013. The note is governed by Nevada law. The company is obligated to pay the full amount and interest by the specified date. Time is a critical factor in this agreement.
EX-10.4 5 kntc_10-4.htm PROMISSORY NOTE, MAY 10, 2011 kntc_10-4.htm
PROMISSORY NOTE
May 10, 2011
FOR VALUE RECEIVED, Kinetic Resources Corp., a Nevada Corporation, promises to pay Luis Antonio Delgado Gonzalez on or before May 31, 2013, the amount of Ten Thousand Dollars ($10,000) in the currency of the United States plus simple interest on the principal amount of the loan accrued at a rate 6% per annum.
Time shall be the essence of this Promissory Note.
This Promissory Note shall be governed by and constituted in accordance with the laws of the State of Nevada.
KINETIC RESOURCES CORP.
Per /s/ Luis Antonio Delgado Gonzalez
Luis Antonio Delgado Gonzalez, Pres, CEO, CFO
