Promissory Note between GeoPetro Resources Company and Stuart J. Doshi dated June 18, 2009
GeoPetro Resources Company has agreed to repay Stuart J. Doshi $100,000, with interest at 8% per year, starting from June 18, 2009. The full amount, including interest, is due upon demand by Mr. Doshi. This document is signed by GeoPetro's Chief Financial Officer, J. Chris Steinhauser.
Exhibit 10.26
PROMISSORY NOTE
Amount $100,000 |
| June 18, 2009 |
For value received, the undersigned, GeoPetro Resources Company (Payor), hereby promises to pay on demand to Stuart J. Doshi (Holder) the principal sum of One Hundred Thousand ($100,000) with interest from June 18, 2009 at a rate of eight percent (8%) per annum, payable upon repayment of the loan.
Signed by: |
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GeoPetro Resources Company |
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/s/ J. Chris Steinhauser |
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J. Chris Steinhauser |
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Chief Financial Officer |
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