Summary Promissory Note
EX-10.15 16 v450739_ex10-15.htm EXHIBIT 10.15
Exhibit 10.15
Summary Promissory Note
Date: February 07, 2012
By: Email
Attn: Shareholders – UNorth LLC
274 E Hamilton Ave, Suite A
Campbell, CA 95008
RESOLVED, that LLC would borrow amount of $125,000 from the LLC member Maryam Rowghani on February 07, 2012. LLC agrees to pay back the amount by March 30, 2012 with annual interest rate of 14% calculated on daily basis. The payment schedule will be as follows:
Borrowed Amount: $125,000
Interest: 14.00%
Estimated Value on 03/30/12: $132,493
Daily Interest Rate: 0.038%
| /s/ Michael Faro | |
| Michael Faro | |
| Managing Member | |
| UNorth LLC |
| UNorth® LLC | |
| PO Box 1116, Campbell, CA 95009 | |
| 1 ###-###-#### tel | |
| 1 ###-###-#### fax | |
| www.unorth.com |
