Promissory Note between Helpeo Inc. and Horizon Ridge Capital Inc. dated February 1, 2010

Contract Categories: Business Finance › Note Agreements
Summary

Helpeo Inc. agrees to repay Horizon Ridge Capital Inc. $5,000 plus 5% annual interest by February 1, 2011. The loan is unsecured, and Helpeo Inc. may repay early without penalty. Any changes to the note require written consent from both parties. The agreement is governed by Nevada law.

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EX-10.1 4 ex10_1.htm PROMISSORY NOTE ex10_1.htm
Exhibit 10.1




 
PROMISSORY NOTE



 
AMOUNT: USD$5,000
DUE: February 1, 2011
 
 
For value received, the undersigned, HELPEO INC. (the “Borrower”), hereby promises to pay to or to the order of HORIZON RIDGE CAPITAL INC. (the “Lender”) of 871Coronado Center Drive,  Suite  200,  Henderson  NV  on  or  before  February  1,  2011,  (the  “Maturity  Date),  the principal sum of USD$5,000 in lawful money, plus interest thereon at the simple rate of 5.0% per annum, calculated from the date hereof to the date of payment by the Borrower.
 
Pre-payment
 
The Borrower may pre-pay all or any part of this Note or accumulated interest at any time prior to the Maturity Date without notice or penalty.
 
Security
 
This Note is unsecured.
 
General
 
The Company and all endorsers of this Note hereby waive notice, presentment, protest and notice of dishonor. Any provision of this Note may be amended, waived or modified only upon written consent of the Borrower and the Lender.
 
This Note shall be governed and construed according to the laws of the State of Nevada without regard to its conflicts of laws principles.

 
Dated as of the 1ST day of February, 2010.
 
HELPEO INC.