Attached files

file filename
EX-32.1 - EXHIBIT 32.1 - CERTIFICATION - U.S. RARE EARTHS, INCuree_ex321.htm
EX-32.2 - EXHIBIT 32.2 - CERTIFICATION - U.S. RARE EARTHS, INCuree_ex322.htm
EX-31.2 - EXHIBIT 31.2 - SECTION 302 CERTIFICATIONS - U.S. RARE EARTHS, INCuree_ex312.htm
EX-21.1 - EXHIBIT 21.1 - SUBSIDIARIES - U.S. RARE EARTHS, INCuree_ex211.htm
EXCEL - IDEA: XBRL DOCUMENT - U.S. RARE EARTHS, INCFinancial_Report.xls
10-K - ANNUAL REPORT - FORM 10K - U.S. RARE EARTHS, INCuree_10k.htm
EX-31.1 - EXHIBIT 31.1 - SECTION 302 CERTIFICATIONS - U.S. RARE EARTHS, INCuree_ex311.htm
Exhibit 10.9
 
UNSECURED PROMISSORY NOTE

Amount: $250,000
Due: November 20, 2015

FOR VALUED RECEIVED, the undersigned, U.S. Rare Earths, Inc., a Nevada Corporation, (hereinafter referred to as “Maker”), hereby promises to pay to the order of Unique Materials, LLC, a Texas Limited Liability Company, (the “Holder), or its assigns , the principal sum of TWO HUNDRED FIFTY THOUSAND and no /100 DOLLARS ($250,000), with interest thereon at the rate of Five Percent(5%) due on November 20, 2015 and pursuant to conditions set forth:

The Maker hereby agrees to pay this Promissory Note on November 20, 2015.

This Promissory Note is unsecured.

In case of default in the payment of the principal and/or interest as herein stipulated and should legal action be commenced or an attorney employed to enforce payment of this Promissory Note, the undersigned Maker agrees to pay a reasonable sum as attorney’s fees in such action.

This Promissory Note shall be governed by and construed in accordance with the laws of the State of Texas and any action to enforce the payments due under this Promissory Note, shall be brought in a court of competent jurisdiction within the State of Texas.
 
 
“Maker”      “Holder”  
U.S. Rare Earths, Inc.    Unique Materials, LLC  
       
By: /s/ Michael D. Parnell      By: /s/ Scott Chrimes  
  Michael D. Parnell     Scott Chrimes