Attached files

file filename
8-K - CURRENT REPORT - DIGAGOGO VENTURES CORPdigagogo8k080511.htm
EX-10 - EX-10.4 SECURITY AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex104.htm
EX-10 - EX-10.2 AMENDED DOGOSEARCH AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex102.htm
EX-10 - EX-10.5 SECURITY AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex105.htm
EX-10 - EX-10.1 AMENDED DOGONET AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex101.htm
EX-10 - EX-10.7 PROMISSORY NOTE - DIGAGOGO VENTURES CORPdigagogo8k080511ex107.htm
EX-10 - EX-10.6 SECURITY AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex106.htm
EX-10 - EX-10.3 AMENDED DOGOPAY AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex103.htm
EX-10 - EX-10.9 PROMISSORY NOTE - DIGAGOGO VENTURES CORPdigagogo8k080511ex109.htm
EX-10 - EX-10.10 NON-COMPETITION AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex1010.htm
EX-10 - EX-10.13 CONSULTING AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex1013.htm
EX-10 - EX-10.12 NON-COMPETITION AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex1012.htm
EX-10 - EX-10.11 NON-COMPETITION AGREEMENT - DIGAGOGO VENTURES CORPdigagogo8k080511ex1011.htm


Exhibit 10.8


PROMISSORY NOTE



CDN$500,000.00


FOR VALUE RECEIVED, the undersigned hereby promises to pay to or to the order of  BLACKSWAN INVENTIONS INC. (the “Vendor”), a company incorporated pursuant to the federal laws of Canada, having an address of Unit 203, 1428 West 6th Avenue, Vancouver, British Columbia, V6H 4H4, the sum of Canadian FIVE HUNDRED THOUSAND DOLLARS (CDN$500,000.00), payable, without interest, as follows:


a)

FIFTY THOUSAND DOLLARS ($50,000.00) on September 30, 2011;


b)

TWO HUNDRED THOUSAND DOLLARS ($200,000.00) on October 31, 2011; and


c)

TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000.00) on November 30, 2011,


provided any portion which remains unpaid will be accelerated and will become immediately due and payable on the occurrence of either of the following events:


(a)

the completion by Digagogo Ventures Corp. (“Digagogo”) of a stock financing of no less than FIVE MILLION DOLLARS ($5,000,000.00), with the date of completion deemed to be the date that the funds from the stock financing are released to Digagogo without restrictions; or


(b)

the receipt by either Digagogo or the undersigned of a non-refundable and fully released license fee of no less than ONE MILLION FIVE HUNDRED THOUSAND DOLLARS ($1,500,000.00) pursuant to a license agreement to license the assets of the Vendor, whether in whole or in part or alone or together with other intellectual property.


DATED as of the July 6, 2011.


EXECUTED by

IMPACT TECHNOLOGIES INC.

in the presence of:


/s/ Joselia Soares                                 

Witness Signature

Joselia Soares                                      

Witness Name

2011 Courtside Lane                            

Charlotte, NC 28270                             

Witness Address

                                                              

Witness Occupation

 


IMPACT TECHNOLOGIES INC.

per:



/s/ Fernando Londe                              

Fernando Londe