Promissory Note between JD Field Services, Inc. and David Gurr dated January 31, 2016
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Summary
JD Field Services, Inc. agrees to repay David Gurr $510,000 with 7.05% annual interest. Monthly interest payments of $3,000 are due on the last day of each month. The full principal and any unpaid interest are due by January 31, 2016. If JD Field Services, Inc. defaults and the note is sent for collection, the company must pay all reasonable collection costs and attorney fees.
EX-10.9 5 ex10_9.htm EXHIBIT 10.9 ex10_9.htm 
Exhibit 10.9
PROMISARY N JD Field Services, Inc. (Borrower) of Vernal, Utah agrees and promises to pay to David Gurr (Lender) the sum of $510,000, Five Hundred and Ten Dollars for value received, with interest at the annual rate of 7.05% payable on January 31, 2016 (Maturity Date). Monthly interest payments are due on the last day of each month for $3,000, paid monthly. The entire Principal Balance plus any unpaid interest is due on the Maturity Date. If this note is in default and is placed for collection, JD Field Services, Inc. (Borrower) shall pay all reasonable costs of collection and attorneys' fees. Tb Field Servicts BorrowerLender cQ Rod Lee, CFODavid Gurr, Individual DateDate P.O. Box 336, Vernal, Utah 84078 Office: 435-781-1242Fax: 435 ###-###-####
