Attached files
file | filename |
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10-Q - GREEN EQUITY HOLDINGS, INC. | v188648_10q.htm |
EX-32 - GREEN EQUITY HOLDINGS, INC. | v188648_ex32.htm |
EX-31 - GREEN EQUITY HOLDINGS, INC. | v188648_ex31.htm |
EX-10.20 - GREEN EQUITY HOLDINGS, INC. | v188648_ex10-20.htm |
EX-10.21 - GREEN EQUITY HOLDINGS, INC. | v188648_ex10-21.htm |
EX-10.22 - GREEN EQUITY HOLDINGS, INC. | v188648_ex10-22.htm |
PROMISSORY
NOTE
$1365.95
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September 30,
2009
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FOR VALUE RECEIVED, the
sufficiency of which is hereby acknowledged, the undersigned, CX2 Technologies, Inc., a
Nevada corporation (the "Maker"), promises to
pay to the order of GEOCommand,
Inc. (the "Holder"), the
principal sum of THIRTEEN
THOUSAND THREE HUNDRED SIXTY-FIVE and NINETY-TWO/100 DOLLARS
($1365.92) (the "Principal"), without
interest except as hereinafter set
forth.
1. PAYMENT OF
PRINCIPAL. The outstanding principal balance of this Note
shall be due upon demand. All payments hereunder shall be made at the
principal residence of the Holder, or such other place as the Holder may from
time to time designate in writing.
2. EVENTS OF
DEFAULT. If one or more of the following described events
shall have occurred and be continuing, then this Note shall be in default (each,
a "Default"):
2.1. Failure to
Pay. The Maker shall fail to pay the Principal balance of this
Note or of Interest on this Note on or within five (5) days after the date upon
which such payment becomes due; or
2.2. Bankruptcy. The
Maker shall be adjudicated as bankrupt or insolvent, or admit in writing its
inability to pay its debts as they mature, or make an assignment for the benefit
of creditors; or the Maker shall apply for or consent to the appointment of a
receiver, trustee, or similar officer for it or for all or any substantial part
of its property; or such receiver, trustee or similar officer shall be appointed
without the application or consent of the Maker and such appointment shall
continue undischarged for a period of sixty (60) days; or the Maker shall
institute (by petition, application, answer, consent or otherwise) any
bankruptcy, insolvency, reorganization, arrangement, readjustment of debt,
dissolution, liquidation or similar proceeding relating to it under the laws of
any jurisdiction; or any such proceeding shall be instituted (by petition,
application or otherwise) against the Maker and shall remain undismissed for a
period of sixty (60) days; or any judgment, writ, warrant of attachment or
execution or similar process shall be issued or levied against a substantial
part of the property of the Maker and such judgment, writ, or similar process
shall not be released, vacated or fully bonded within sixty (60) days after its
issue or levy.
3. DEFAULT
REMEDIES. Upon the occurrence of a Default, the entire unpaid
Principal, together with accrued and unpaid Interest, shall be forthwith due and
payable without notice or demand.
4. PREPAYMENT. This
Note may be prepaid in whole or in part without penalty.
5. WAIVER OF NOTICE,
ETC. The Maker waives demand, presentment, protest, dishonor
and notice of maturity, non-payment or protest and all other requirements to
hold the Maker liable.
6. BUSINESS
DAYS. If a payment of Principal or Interest on this Note
becomes due on a Saturday, Sunday or other legal holiday on which state or
federal banks in the State of Florida are closed, then the due date shall be
extended to the next succeeding business day.
7. AMENDMENT;
WAIVER. This Note may not be amended, extended, renewed or
modified nor shall any waiver of any provision hereof be effective, except by an
instrument in writing executed by the Holder or his authorized
representative.
8. GOVERNING
LAW. This Note shall be construed, interpreted, enforced and
governed by and in accordance with the laws of the State of Florida (excluding
the principles thereof governing conflicts of law), with exclusive jurisdiction
and venue in the federal and state courts of Palm Beach County,
Florida.
THE
MAKER:
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CX2
Technologies, Inc.
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By:
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/s/ Michael
Rand
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Name: Michael
Rand
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Title: President
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