Promissory Note between Mister Goody, Inc. and Fred Sager dated November 26, 2012
Mister Goody, Inc. promises to repay Fred Sager $10,000 by March 31, 2013, with no interest charged. The company can repay the loan early without penalty. If payment is more than 15 days late, Fred Sager can demand immediate full repayment. The agreement is signed by Joel Arberman, president of Mister Goody, Inc.
EXHIBIT 10.2
PROMISSORY NOTE
THIS PROMISSORY NOTE is made as of the 26th day of November 2012 at 7877 Emerald Winds Circle, Boynton Beach, Florida 33473.
FOR VALUE RECEIVED, the undersigned Mister Goody, Inc., a Florida corporation (“Maker”), promises to pay to the order of Fred Sager (“Payee”) the principal sum of ten thousand dollars ($10,000) in lawful money of the United States of America. This Promissory Note has zero interest.
Repayment of the principal shall be made on March 31, 2013. Maker may prepay the principal hereof in whole or in part at any time and from time to time without penalty or premium.
Maker hereby irrevocably waives presentment, protest, notice of protest, and dishonor. If any principal or interest is not paid within fifteen (15) days of the date when due, the holder hereof, at his option, may declare all remaining installments of principal immediately due and payable and proceed to collect the same at once.
MAKER:
By: | /s/ Joel Arberman |
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| Joel Arberman, president |
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