Organic Alliance, Inc. - FORM 8-K - EX-99.4 - PROMISSORY NOTE - DR. COREY RUTH DATED DECEMBER 11, 2009 - February 2, 2010

Attached files

file filename
8-K - ORGANIC ALLIANCE, INC. FORM 8-K DATED OCTOBER 16, 2009 - Organic Alliance, Inc.oai8k101609.htm
EX-99.3 - PROMISSORY NOTE - TOM MORISON DATED NOVEMBER 30, 2009 - Organic Alliance, Inc.ex99-3.htm
EX-99.2 - PROMISSORY NOTE - MIKE ROSENTHAL DATED OCTOBER 16, 2009 - Organic Alliance, Inc.ex99-2.htm
EX-99.5 - PROMISSORY NOTE - MIKE ROSENTHAL DATED DECEMBER 11, 2009 - Organic Alliance, Inc.ex99-5.htm
EX-99.1 - PROMISSORY NOTE - PARKER BOOTH DATED DECEMBER 10, 2009 - Organic Alliance, Inc.ex99-1.htm
Exhibit 99.4
 
 
 
Promissory Note
 
 
For value received, Organic Alliance, Inc. promises to pay to the order of Dr. Corey Ruth the sum of fifty thousand dollars ($50,000) with an annual interest rate of 5% per the terms below.  In exchange Organic Alliance Inc. shall give 200,000 restricted shares, post any reverse stock split that might be contemplated.
 
This note shall be paid on or before February 4, 2010.  This note shall be prepaid without penalty.  All payments shall be first applied to earned interest and the balance to principal.
 
Parties to the note waive presentment, demand, and protest, and all notices thereto.  In the event of default, the undersigned company agrees to pay all costs of collection and reasonable attorney's fees to the extent of the law.
 
Dr. Corey Ruth:  /s/ Corey Ruth
Signature
 
 
Print name:  Corey K. Ruth MD                                                
Date:  12/18/09                                         
   
   
Organic Alliance Inc.  
   
Parker Booth, CEO /s/ Parker Booth                                         Date:  12-11-09                                          
   
   
 
 
 

Organic Alliance, Inc. Reports