Summary of Oral Extension Terms for Promissory Note Between Registrant and J. Parliament
This document summarizes the orally agreed extension of a simple promissory note between the registrant (borrower) and J. Parliament (lender). The original note, dated September 13, 2008, with an initial due date of October 31, 2008, has been extended to December 31, 2008. No periodic payments are required; the full principal of $14,842.22 and 10% annual interest are due on the new due date.
EXHIBIT 10.66
Description of Oral Extension-J. Parliament 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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10.35 | J. Parliament | 09/13/2008 | 10/31/2008 | 12/31/2008 | $14,842.22 | 10% |
