PROMISSORY NOTE

Contract Categories: Business Finance - Note Agreements
EX-10.4 20 dex104.htm PROMISSORY NOTE-JOSEPH HINES, DATED MARCH 31, 2007 Promissory Note-Joseph Hines, dated March 31, 2007

Exhibit 10.4

PROMISSORY NOTE

Spheric Technologies, Inc. agrees to pay to Joseph Hines the amount of $63,600.00 upon demand after April 1, 2007 for value received with no interest noted. This amount has been created by funding loans to Spheric Technologies as a Founder in the first quarter of calendar year 2007 — please see the attached schedule. 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:   March 31, 2007