Epazz Inc - FORM 10-Q - EX-10.36 - PROMISSORY NOTE - October 2, 2014

Attached files

file filename
EX-10.41 - CLOSING STATEMENT - Epazz Incepazz_ex1041.htm
EX-10.33 - CLOSING STATEMENT - Epazz Incepazz_ex1033.htm
EX-10.45 - GUARANTY AGREEMENT - Epazz Incepazz_ex1045.htm
EX-10.39 - ASSET PURCHASE AGREEMENT - Epazz Incepazz_ex1039.htm
EX-10.40 - ASSIGNMENT AND BILL OF SALE - Epazz Incepazz_ex1040.htm
EX-10.42 - SECURITY AGREEMENT - Epazz Incepazz_ex1042.htm
EX-10.49 - GUARANTY - Epazz Incepazz_ex1049.htm
EX-10.44 - EMPLOYMENT AGREEMENT - Epazz Incepazz_ex1044.htm
EX-10.35 - SHARE PLEDGE AGREEMENT - Epazz Incepazz_ex1035.htm
EX-10.46 - PROMISSORY NOTE - Epazz Incepazz_ex1046.htm
EX-10.48 - BILL OF SALE - Epazz Incepazz_ex1048.htm
EX-10.37 - ASSET PURCHASE AGREEMENT - Epazz Incepazz_ex1037.htm
EX-10.50 - PROMISSORY NOTE - Epazz Incepazz_ex1050.htm
EX-10.38 - BILL OF SALE - Epazz Incepazz_ex1038.htm
EX-10.32 - STOCK PURCHASE AGREEMENT - Epazz Incepazz_ex1032.htm
EX-10.51 - STOCK EXCHANGE AGREEMENT - Epazz Incepazz_ex1051.htm
EX-10.43 - CONSULTING SERVICES AGREEMENT - Epazz Incepazz_ex1043.htm
EXCEL - IDEA: XBRL DOCUMENT - Epazz IncFinancial_Report.xls
EX-32.1 - CERTIFICATION - Epazz Incepazz_ex3201.htm
EX-10.59 - COURT ORDER - Epazz Incepazz_ex1059.htm
EX-10.58 - SETTLEMENT AGREEMENT - Epazz Incepazz_ex1058.htm
EX-10.60 - PROMISSORY NOTE - Epazz Incepazz_ex1060.htm
EX-10.55 - PROMISSORY NOTE - Epazz Incepazz_ex1055.htm
EX-21.1 - SUBSIDIARIES - Epazz Incepazz_ex2101.htm
EX-10.56 - PROMISSORY NOTE - Epazz Incepazz_ex1056.htm
10-Q - FORM 10-Q - Epazz Incepazz_10q-063014.htm
EX-10.57 - PROMISSORY NOTE - Epazz Incepazz_ex1057.htm
EX-10.52 - STOCK EXCHANGE AGREEMENT - Epazz Incepazz_ex1052.htm
EX-10.54 - STOCK EXCHANGE AGREEMENT - Epazz Incepazz_ex1054.htm
EX-3.1 - ARTICLES OF INCORPORATION - Epazz Incepazz_ex0310.htm
EX-10.34 - AGREEMENT - Epazz Incepazz_ex1034.htm
EX-10.53 - STOCK EXCHANGE AGREEMENT - Epazz Incepazz_ex1053.htm
EX-31.1 - CERTIFICATION - Epazz Incepazz_ex3101.htm

Exhibit 10.36

 

PROMISSORY NOTE

 

 

 

$120,000 (USD) DUE: AUGUST 28, 2014

 

MADE AT the City of Chicago, in the State of Illinois, as of the 28th day of February, 2014.

 

FOR VALUE RECEIVED, the undersigned promises to pay TROY HOLDINGS INTERNATIONAL INC. the principal amount of ONE HUNDRED AND TWENTY THOUSAND DOLLARS ($120,000.00) of lawful money of the United States of America, together with interest on the amount outstanding from time to time, accruing only after default, at a rate of 10% per annum, calculated and compounded monthly. Interest on overdue interest shall be computed and compounded in the same manner and at the same rate as provided for herein and shall be payable upon demand. The principal sum shall be paid in full by six months from the date of this Promissory Note.

 

THE UNDERSIGNED hereby agrees to pay the principal sum and interest in the following installments:

 

Date Principal Payment
March 28, 2014 $20,000.00
April 28, 2014 $20,000.00
May 28, 2014 $20,000.00
June 28, 2014 $20,000.00
July 28, 2014 $20,000.00
August 28, 2014 $20,000.00
Total $120,000.00

 

THIS PROMISSORY NOTE is subject to certain rights of set-off contained in a stock purchase agreement dated February 22, 2014 made amongst Troy Holdings International Inc., Epazz, Inc. and Telecorp Products, Inc.

 

THE UNDERSIGNED hereby, waives demand, presentment, protest, notice of protest and notice of dishonour.

 

THE UNDERSIGNED, WHEN NOT IN DEFAULT hereunder, shall have the privilege of prepaying the whole or any part of the principal sum secured at any time or times without notice, bonus or penalty.

 

IF ANY PROVISION of this Promissory Note shall be held invalid or unenforceable, such invalidity or unenforceability shall attach only to such portion and shall not affect or render invalid or unenforceable any other provision of this Promissory Note.

 

THIS PROMISSORY NOTE is made pursuant to and shall be governed by and construed in accordance with the laws of the State of Illinois.

 

 

 

  EPAZZ, INC.
   
   
   
  Per: /s/ Shaun Passley
  Name: Shaun Passley
  Title:Chief Executive Officer
   
  I have authority to bind the Corporation.

 

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