Promissory Note between Oaxaca Resources Corp. and Jose Othoniel Gonzalez Montes dated October 28, 2014

Contract Categories: Business Finance Note Agreements
Summary

Oaxaca Resources Corp., a Nevada corporation, agrees to pay Jose Othoniel Gonzalez Montes $5,000 plus 6% annual simple interest by December 31, 2018. The note is governed by Nevada law and requires timely payment. This document outlines the repayment terms and interest for the loan provided to the company.

EX-10.1 2 oaxaca_ex101.htm PROMISSORY NOTE ex-10.1

 

PROMISSORY NOTE



 October 28, 2014


FOR VALUE RECEIVED, Oaxaca Resources Corp., a Nevada Corporation, promises to pay Jose Othoniel Gonzalez Montes, on or before December 31, 2018, the amount of Five Thousand Dollars ($5,000.00) in the currency of the United States, plus simple interest on the principal amount of this Promissory Note accrued at a rate of 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.



OAXACA RESOURCES CORP.



Per /s/ Jose Othoniel Gonzalez Montes

     Jose Othoniel Gonzalez Montes, Pres., CEO, CFO