Promissory Note Between National Automation Services, Inc. and Brandon Spiker Dated December 31, 2010
Brandon Spiker has agreed to loan $9,760 to National Automation Services, Inc. (NAS) at an annual interest rate of 10%. The principal and interest are due and payable upon demand. The agreement is signed by both Brandon Spiker and Robert Chance, CEO of NAS, and outlines the basic terms of the loan without specifying a fixed repayment date.
Loan agreement and Promissory Note
December 31, 2010
I, Brandon Spiker, agree to loan National Automation Services, Inc. (NAS) located at 2470 St. Rose Parkway Suite 314, Henderson, Nevada the sum of $9,760 according to the following terms and conditions:
The $9,760 is being loaned to NAS with an interest rate of 10% (annual) as of December 31, 2010.
The loan in principle and interest is payable on demand.
/s/ Brandon Spiker
Brandon Spiker
/s/ Robert Chance
Robert Chance
CEO National Automation Services, Inc.