Unsecured Promissory Note between Speedemissions, Inc. and Thomas Chorba

Summary

Speedemissions, Inc., a Florida corporation, agrees to repay Thomas Chorba a total of $56,000 by December 31, 2015. This amount includes a $50,000 loan plus $6,000 in interest at a 12% rate. Speedemissions will make 18 monthly payments of $3,111.11 starting July 1, 2014, until the debt is fully paid. Both parties have signed to confirm their agreement to these terms.

EX-10.23 2 ex10_23.htm EXHIBIT 10.23 ex10_23.htm

Exhibit 10.23

UNSECURED PROMISSORY NOTE Promissory Note Speedemissions, Inc. (a Florida corporation) agrees to pay Thomas Chorba, located at PO Box 421262 , Houston, Texas 77242, the sum of $56,000.00 by December 31, 2015. This amount represents a principal loan of $50,000.00 U.S. Dollars made by Thomas Chorba to Speedemissions, Inc., and 12% Interest on the principal sum totaling $6,000.00 during the term of the Promissory Note. Speedemissions will pay make 18 monthly payments in the amount of $3,111.11 commencing on the 1st of July, 2014 an continuing until this Note is paid in full. The parties hereby indicate by their signatures below that they have read and agree with the terms and conditions of this agreement. /s/ Rich Parlontieri SPEEDEMISSIONS, INC, Rich Parlontieri, President/CEO /s/ Thomas Chorba Thomas Chorba DATE: 5/29/2014