Attached files

file filename
10-K/A - Safer Shot, Inc.shto10ka093009.txt
EX-99 - Safer Shot, Inc.cert2cfo.txt
EX-99 - Safer Shot, Inc.cert2ceo.txt
EX-99 - Safer Shot, Inc.cert1cfo.txt
EX-99 - Safer Shot, Inc.cert1ceo.txt
EX-99 - Safer Shot, Inc.settlementagreement.txt


Promissory Note

1. Names

Borrower:
     Safer Shot, Inc., a Nevada corporation
     1658 East 5600 South
     Salt Lake City, Utah 84121

Lender:
     James Yeung
     161 Liberty Ave
     Staten Island, New York 10305



2. Promise to Pay

For value received, Borrower promises to pay Lender $28,000 and interest at

the yearly rate of 8% on the unpaid balance as specified below.



3. Payment Date

Borrower will pay the entire amount of principal and interest on or before 45

days from the date of the note.



4. Prepayment

Borrower may prepay all or any part of the principal without penalty.



5. Security

In the event, the borrower does not repay the note on time, the lender may

convert the full amount due into common stock of the borrower, Safer Shot,

Inc., at 60% of the average of the bid and ask price for the previous five

days of the due date of the note.

It is also understood that the borrower guarantees that the company's 10K for

September 30, 2009 will be filed on or before the due date of December 31, 2009

or the extension date of February 15, 2010. It is also understood that no

common shares of the borrower may be issued without the written consent of the

lender.


                   Promissory Note - Page 1

6. Collection Costs If Lender prevails in a lawsuit to collect on this note, Borrower will pay Lender's costs and lawyer's fees in an amount the court finds to be reasonable. 7. Entire Agreement This is the entire agreement between the parties. It replaces and supersedes any and all oral agreements between the parties, as well as any prior writings. 8. Successors and Assignees This agreement binds and benefits the heirs, successors and assignees of the parties. 9. Notices All notices must be in writing. A notice may be delivered to a party at the address that follows a party's signature or to a new address that a party designates in writing. A notice may be delivered: in person by certified mail, or by overnight courier. 10. Governing Law This agreement will be governed by and construed in accordance with the laws of the state of Nevada. 11. Modification This agreement may be modified only by a writing signed by the party against whom such modification is sought to be enforced. Promissory Note - Page 2
12. Waiver If one party waives any term or provision of this agreement at any time, that waiver will be effective only for the specific instance and specific purpose for which the waiver was given. If either party fails to exercise or delays exercising any of its rights or remedies under this agreement, that party retains the right to enforce that term or provision at a later time. 13. Severability If any court determines that any provision of this agreement is invalid or unenforceable, any invalidity or unenforceability will affect only that and will not make any other provision of this agreement invalid or unenforceable and such provision shall be modified, amended or limited only to the extent necessary to render it valid and enforceable. 14. Disputes If a dispute arises, either party may take the matter to court. BORROWER Safer Shot, Inc., a Nevada corporation 1658 East 5600 South Salt Lake City, Utah 84121 Dated: December 28, 2009 By: /s/ John Lund ----------------- John Lund, President Promissory Note - Page 3