NEXT GENERATION MANAGEMENT CORP. - FORM 10-K - EX-10.10 - EXHIBIT 10.10 - May 16, 2011

Attached files

file filename
EX-21 - EXHIBIT 21 - NEXT GENERATION MANAGEMENT CORP.ex21.htm
EX-14 - EXHIBIT 14 - NEXT GENERATION MANAGEMENT CORP.ex14.htm
EX-32 - EXHIBIT 32 - NEXT GENERATION MANAGEMENT CORP.ex32.htm
EX-24 - EXHIBIT 24 - NEXT GENERATION MANAGEMENT CORP.ex24.htm
EX-31 - EXHIBIT 31 - NEXT GENERATION MANAGEMENT CORP.ex31.htm
10-K - FORM 10-K - NEXT GENERATION MANAGEMENT CORP.t70682_10k.htm

Exhibit 10.10
 
PROMISSORY NOTE
 
For value received, the undersigned, Seawright Holdings, Inc., a Delaware Corporation, with an address of 600 Cameron Street, Alexandria, Virginia 22314, promises to pay to the order of Next Generation Media Corporation, a Nevada corporation, with an address of 7644 Dynatech Court, Springfield, Virginia 22153, the sum of ONE HUNDRED AND TWENTY-FIVE THOUSAND DOLLARS AND 00/100 ($125,000.00), on or before twenty-four (24) months from and after the date hereof with interest at SIX (6%) PERCENT per annum.
 
The undersigned further agrees to pay reasonable attorney fees if for any reason legal action is necessary for enforcement of this note.
 
Dated: this 25th day of March, 2010.
 
 
 
SEAWRIGHT HOLDINGS, INC.
   
 
_______________________________
 
By Joel Sens, Chief Executive Officer

NEXT GENERATION MANAGEMENT CORP. Reports