Promissory Note Between Spheric Technologies, Inc. and Joseph Hines

Contract Categories: Business Finance › Note Agreements
Summary

Spheric Technologies, Inc. has agreed to pay Joseph Hines $10,000.00 upon demand any time after September 30, 2009. The note does not accrue interest and is a general obligation of the company. Payment will be made in U.S. dollars or an equivalent amount. The agreement is signed by the company's Vice President, Michael Kirksey, and dated May 1, 2009.

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EX-10.49 6 dex1049.htm PROMISSORY NOTE BETWEEN THE COMPANY AND JOSEPH HINES Promissory Note between the Company and Joseph Hines

Exhibit 10.49

PROMISSORY NOTE

Spheric Technologies, Inc. agrees to pay to Joseph Hines the amount of $10,000.00 upon demand after September 30, 2009 for value received with no interest noted. This liability is to be paid in US dollars or equivalent and should be considered a general obligation of the Company.

 

By   /s/ Michael Kirksey
  Michael Kirksey
Its:   Vice President
Date:   May 1, 2009