EXHIBIT10.7 PROMISSORY NOTE AUGUST 18.2008 LOS ANGELES, CALIFORNIA $100.000.00 FOR VALUERECEIVED, I PROMISE TO PAY TO THE ORDER OF ROBERT LEVY, AT 3550WILSHIRE BOULEVARD, SUITE 840, LOS ANGELES, CALIFORNIA THE SUM OF ONEHUNDRED THOUSAND DOLLARS AND 00/100 ($100,000.00) IN LAWFUL MONEY OF THEUNITED STATES OF AMERICA, WITH INTEREST FROM AUGUST 18,2008, AT THE RATE OF7% PER ANNUM UNTIL PAID. IN THE EVENT THERE IS A SUIT OR ACTION TO ENFORCEPAYMENT OF THIS NOTE OR ANY PORTION THEREOF, I PROMISE TO PAY SUCH ADDITIONALSUM AS THE COURT MAY ADJUDGE REASONABLE AS ATTORNEY FEES IN SAIDACTION OR SUIT, AND BE MADE A PART OF THE JUDGMENT, OR IF PLACED IN THEHANDS OFATTORNEYS FOR COLLECTION IF EFFECTUATED WITHOUT SUIT, I PROMISE TO PAY ALLCOSTS AND EXPENSES INCLUDING REASONABLE ATTORNEY FEES. DUE DATE SEPTEMBERS2008

EX-10.7 7 f10q1008ex10vii_natlampoon.htm PROMISSORY NOTE IN THE AMOUNT OF $150,000 DATED AUGUST 21, 2008 AND EXECUTED BY NATIONAL LAMPOON, INC. IN FAVOR OF ROBERT LEVY f10q1008ex10vii_natlampoon.htm
 
EXHIBIT 10.7
 
PROMISSORY NOTE
 
AUGUST 18.2008
 LOS ANGELES, CALIFORNIA
$100.000.00
 
 
FOR VALUE RECEIVED, I PROMISE TO PAY TO THE ORDER OF ROBERT LEVY, AT 3550 WILSHIRE BOULEVARD, SUITE 840, LOS ANGELES, CALIFORNIA THE SUM OF ONE HUNDRED THOUSAND DOLLARS AND 00/100 ($100,000.00) IN LAWFUL MONEY OF THE UNITED STATES OF AMERICA, WITH INTEREST FROM AUGUST 18,2008, AT THE RATE OF 7% PER ANNUM UNTIL PAID. IN THE EVENT THERE IS A SUIT OR ACTION TO ENFORCE PAYMENT OF THIS NOTE OR ANY PORTION THEREOF, I PROMISE TO PAY SUCH ADDITIONAL SUM AS THE COURT MAY ADJUDGE REASONABLE AS ATTORNEY FEES IN SAID ACTION OR SUIT, AND BE MADE A PART OF THE JUDGMENT, OR IF PLACED IN THE HANDS OF ATTORNEYS FOR COLLECTION IF EFFECTUATED WITHOUT SUIT, I PROMISE TO PAY ALL COSTS AND EXPENSES INCLUDING REASONABLE ATTORNEY FEES.

 
 

 
 
DUE DATE
SEPTEMBERS 2008