Promissory Note between DotVN Company, Ltd. (Danang) and Diep Tai dated May 5, 2009

Summary

DotVN Company, Ltd. (Danang), a Vietnamese company, promises to pay Diep Tai $101,500 plus 12% annual interest. Interest is paid monthly in arrears, and the full amount is due on demand with thirty days' written notice from the payee. If legal action is required to collect payment, the maker will cover court-awarded attorney fees. The agreement binds both parties and their successors.

EX-10.33 2 v148517_ex10-33.htm Unassociated Document

Exhibit 10.33

PROMISSORY NOTE

$100,000

Danang, Vietnam

May 5, 2009

For value received, receipt of which is acknowledged, DotVN Company, Ltd. (Danang), an entity established under the laws of the Country of Vietnam, (“Maker”) promises to pay to Diep Tai, an individual, (“Payee”), or order, at such place as Payee may designate, the sum of ONE HUNDRED ONE THOUSAND FIVE HUNDRED DOLLARS AND NO CENTS ($101,500.00), plus interest at the rate of twelve percent (12%) per annum, on demand with thirty day written notice.

Interest is paid in arrears on the first of each month.

If action be instituted on this note, Maker promises to pay such sum as the Court may fix as attorneys fees.

This note will inure to the benefit of and be binding upon the respective heirs, executors, administrators, successors and assigns of the Maker and Payee.

IN WITNESS THERETO, Maker has affixed its signature by a duly authorized officer this fifth day of May 2009.

	DOT VN COMPANY, LTD. (DANANG)

	/s/ Lee Johnson
	By:	Lee Johnson
	Its:	Director General

PROMISSORY NOTE