Promissory Note between JD Field Services, Inc. and Jason Jensen dated December 31, 2012

Summary

JD Field Services, Inc. agrees to repay Jason Jensen $269,587 with 6% annual interest. No monthly payments are required; the full amount, including interest, is due by January 31, 2016. If the borrower defaults and the note is sent for collection, JD Field Services, Inc. must cover all reasonable collection costs and attorney fees. The agreement is signed by both parties and specifies the lender's contact information.

EX-10.10 6 ex10_10.htm EXHIBIT 10.10 ex10_10.htm

Exhibit 10.10

CES PROMISARY NOTE December 31, 2012 JD Field Services, Inc. (Borrower) of Vernal, Utah agrees and promises to pay to Jason Jensen (Lender) the sum of $269,587, Two Hundred and Sixty Nine Thousand Five Hundred and Eighty Seven Dollars for value received, with interest at the annual rate of 6% payable on January 31, 2016 (Maturity Date). Interest accrues until the Maturity Date. Zero monthly payments are due until the Maturity Date. The entire Principal and Interest Balance are 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. Tr) Ficici Servfces Borrower 6Qp Rod Lee, CFO 1-2-0 Date Jason Jensen Lender Jason Jensen, Individual 12/31/2012 Date P.O. Box 336, Vernal, Utah 84078 Office: 435 ###-###-#### Fax: 435 ###-###-####