Attached files
Exhibit 10.11
PROMISSORY NOTE
April 2, 2014
To: Sean Sego – Independent Director NAS
From: Robert Chance
Re: Promissory Note payable – Related Party Debt
I, Sean P Sego, agree to loan National Automation Services, Inc. (NAS) the sum of $50,000 according to the following terms and conditions:
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1.)
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$50,000 as set forth herein, on April 2, 2014 for a period of one (1) year, and to pay interest on the unpaid principal balance hereof at the rate of ten percent (10%) (the “Interest Rate”) per annum from the date hereof (the “Issue Date”) until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise.
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2.)
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Equity Security in the amount of 4,000,000 shares of restricted stock to be issued at a value of $0.0125 or $50,000.
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/s/ Sean Sego | |
Sean P Sego
Note Holder
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/s/ Robert Chance | |
Robert Chance
President/Chief Executive Officer
National Automation Services, Inc.
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