Description of Oral Extension-D. Boggs Promissory Note
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EX-10.54 21 ex1054.htm SUMMARY OF ORAL EXTENSION TERMS EXHIBIT 10
EXHIBIT 10.54
Description of Oral Extension-D. Boggs Promissory Note
Summary of Terms of the Orally Agreed upon Extension to following Simple Promissory Note (with corresponding exhibit number of original note) under which Registrant is the Borrower. No periodic payments are required and principal and interest are due on the extended due date.
Original |
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Note |
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| Original | Oral |
| Annual |
Exhibit |
| Loan | Due | Extension |
| % |
Number | Lender | Date | Date | Date | Principal | Rate |
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10.25 | D. Boggs | 06/09/2008 | 09/12/2008 | 12/31/2008 | $50,000.00 | 10% |
