Promissory Note between Divio Holdings, Corp. and Pareall International Ltd. dated February 13, 2014
Divio Holdings, Corp. has agreed to repay Pareall International Ltd. $10,000 USD, with interest at 6% per year, under this promissory note. The loan is payable on demand, and interest starts accruing from March 1, 2014. The borrower waives certain formalities related to payment and notice. The agreement is signed by Divio Holdings, Corp. and is effective as of February 13, 2014.
PROMISSORY NOTE
| Principal Amount: $10,000 USD | Belize City, Belize |
| February 13, 2014 |
VALUE RECEIVED, the undersigned, DIVIO HOLDINGS, CORP. (borrower), promises to pay to the order of PAREALL INTERNATIONAL LTD. (lender), at 60 Market Square, Belize City, PO Box 364, Belize, ON DEMAND, the sum of TEN THOUSAND DOLLARS ($10,000), with interest calculated monthly at a rate of 6% per annum, payable on maturity. Interest will commence to accrue on and after March 1, 2014.
Presentment for payment, demand, protest and notice of dishonour and protest hereof are hereby waived.
| DIVIO HOLDINGS, CORP. | |
| Per: | |
| /s/ James Grant | |
| James Grant, Director |
