Promissory Note between Infitech Ventures Inc. and Paul G. Daly

Contract Categories: Business Finance Note Agreements
Summary

Infitech Ventures Inc. agrees to repay Paul G. Daly a specified amount in either cash or common stock, with the repayment date to be determined. The repayment is subject to U.S. Securities and Exchange Commission rules. No interest will be charged. Both parties are located in Toronto, Canada. The agreement is formalized by the signature of an authorized representative of Infitech Ventures Inc.

EX-10.3 2 exhibit10-3.htm EXHIBIT 10.3 Infitech Ventures Inc. - Exhibit 10.3 - Filed by newsfilecorp.com

PROMISSORY NOTE

 

Name of Borrower Infitech Ventures Inc.
  20 Lyall Avenue
  Toronto Ontario, Canada M4E 1V9
   
Name of Lender Paul G. Daly
  20 Lyall Avenue
  Toronto Ontario, Canada M4E 1V9

  1.

For value reviewed, Borrower agrees to pay the Lender, the amount of [$CDN/$US] _____________ without interest on a date to be determined. Payment will be sent to the Lender at 20 Lyall Avenue, Toronto Ontario Canada M4E 1V9. Payment can be made in cash or common stock with any repayment subject to the requirements imposed by the Securities and Exchange Commission under the Securities Exchange Act of 1934.

Dated at the City of _______this _____day of ___________, ______

Signature of Borrower or authorized signatory of Corporation ____________________

Name of authorized signatory of Corporation PAUL G. DALY
   
   
Name of Corporation INFITECH VENTURES INC.