PROMISSORY NOTE March 23, 2012$100,000 USD
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EX-10.7 2 fthg_ex107.htm PROMISSORY NOTE fthg_ex107.htm
Exhibit 10.7
PROMISSORY NOTE
March 23, 2012 | $100,000 USD |
For value received, Finishing Touches Home Goods Inc. (the “Company”) promises to pay $100,000 to or to the order of BAY CAPITAL A.G. (the “Payee”) on demand, at the City of Baar, Switzerland together with interest calculated annually not in advance at the simple rate of sixteen per cent (16%) per annum from the date of advance to the date of payment.
The Company has the right to prepay all or any money owing pursuant to this Promissory Note without notice, penalty, or bonus.
The Company hereby waives presentment, notice, protest and all other demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this promissory note.
Dated: March 23, 2012
Finishing Touches Home Goods Inc.
Per: /s/ Mark Hunter
Authorized Signatory