Attached files
| file | filename |
|---|---|
| S-1 - Cono Italiano, Inc. | v170288_s1.htm |
| EX-21 - Cono Italiano, Inc. | v170288_ex21.htm |
| EX-3.15 - Cono Italiano, Inc. | v170288_ex3-15.htm |
| EX-23.1 - Cono Italiano, Inc. | v170288_ex23-1.htm |
| EX-10.53 - Cono Italiano, Inc. | v170288_ex10-53.htm |
| EX-10.52 - Cono Italiano, Inc. | v170288_ex10-52.htm |
| EX-10.54 - Cono Italiano, Inc. | v170288_ex10-54.htm |
| EX-10.55 - Cono Italiano, Inc. | v170288_ex10-55.htm |
| EX-10.57 - Cono Italiano, Inc. | v170288_ex10-57.htm |
| EX-10.58 - Cono Italiano, Inc. | v170288_ex10-58.htm |
Principal
Amount: $200,000
[Issue
Date: December 28, 2007]
PROMISSORY
NOTE
FOR VALUE
RECEIVED, CONO ITALIANO LLC (the “Maker”), hereby promises to pay to MEGK GROUP
LLC (the “Payee” or “Holder”) on demand, the sum of Two Hundred Thousand Dollars
($200,000), with simple interest accruing thereon at eight percent (8%) per
annum.
Default. Upon default, the Holder may resort to
any remedy available to a party under the Uniform Commercial Code. Upon the
occurrence of any default, which is not cured within ten (10) business days
after written notice of such default is given by Holder or at any time
thereafter when any default may continue, Holder may, at its option and in its
sole discretion, declare the entire balance of this note to be immediately due
and payable, and upon such declaration all sums outstanding and unpaid under
this note shall become and be in default, matured and immediately due and
payable, without presentment, demand, protest or notice of any kind to Maker or
any other person, all of which are hereby expressly waived.
Waiver Of Jury Trial. Maker agrees to trial by court
and irrevocably agrees to waive jury trial in any action or proceeding
(including but not limited to any counterclaim) arising out of or in any way
related to or connected with this note, the relationship created, or the
origination, administration or enforcement of the indebtedness evidenced by this
note.
Applicable Law. This note
shall be governed by and construed according to the laws of Maker’s domicile.
Venue of any action brought pursuant to this note, or relating to the
indebtedness evidenced hereby or the relationships created by shall, at the
election of the party bringing the action, be brought in a court located in the
city and state of Maker’s domicile. Maker and Payee each waives any objection to
the jurisdiction of or venue in such court and to the service of process issued
by such court.
If any
provision of this note shall, for any reason, be held to be invalid, illegal, or
unenforceable in any respect, such holding shall not affect any other provisions
of this note, and this note shall he construed, to the extent of such
invalidity, illegality or unenforceability (and only to such extent) as if any
such provision had never been contained herein. Any such holding of invalidity,
illegality or unenforceability in one jurisdiction shall not prevent valid
enforcement of any affected provision if allowed under the laws of another
relevant jurisdiction.
No waiver
by the holder of any payment or other right under this note shall operate as a
waiver of any other payment or right.
1
IN WITNESS WHEREOF, Maker has caused this
Note to be signed in its name by an authorized officer as of December 28,
2007.
|
MAKER
|
||
|
Cono
Italiano LLC
|
||
|
By:
|
|
|
|
Mitch
Brown
|
||
2