Promissory Note between Laredo Resources Corp. and Ruth Cruz Santos dated September 2, 2010

Contract Categories: Business Finance › Note Agreements
Summary

Laredo Resources Corp., a Nevada corporation, agrees to pay Ruth Cruz Santos $15,000 in U.S. currency by September 31, 2012. The note does not accrue interest. The agreement is governed by Nevada law and emphasizes that timely payment is essential. Ruth Cruz Santos is identified as President, CEO, and CFO of Laredo Resources Corp.

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EX-10.2 6 ex10_2.htm EXHIBIT 10.2 ex10_2.htm
PROMISSORY NOTE
September 2, 2010

FOR VALUE RECEIVED, Laredo Resources Corp., a Nevada Corporation, promises to pay Ruth Cruz Santos, on or before September 31 , 2012, the amount of Fifteen Thousand Dollars ($15,000.00) in the currency of the United States, without interest.

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.

 
LAREDO RESOURCES CORP .
 
Per /s/ Ruth Cruz Santos
Ruth Cruz Santos, Pres., CEO, CFO