PROMISSORY NOTE

Contract Categories: Business Finance - Note Agreements
EX-10.6 22 dex106.htm PROMISSORY NOTE-J H REALTY, DATED DECEMBER 31, 2007 Promissory Note-J H Realty, dated December 31, 2007

Exhibit 10.6

PROMISSORY NOTE

Spheric Technologies, Inc. agrees to pay to J H Realty the amount of $62,000.00 upon demand after March 31, 2008 for value received with no interest noted. This amount has been created by accruing rent in the amount of $48,000.00 due to Spheric Technologies during calendar year 2006 and 2007, and for including a prior note for $14,000.00 due to the same entity into this debt instrument. 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:   December 31, 2007