EX-10.9
from 10KSB
1 page
Promissory Note $ Date: Due: On the Sooner to Occur of the Initial Public Offering of the Common Stock of Compu-Dawn, Inc. or Thirty (30) Months After the Date Hereof the Undersigned, for Value Received, Promises to Pay to the Order of Mark Honigsfeld at 969 East End, Woodmere, New York, the Sum of $ , Payable in Eight (8) Quarterly Installments of $ , the First Installment Due , With Interest at the Rate of 10% Per Annum From the Date Hereof, Payable Quarterly Commencing on , on the Principal Remaining Unpaid. This Note Evidences an Indebtedness Incurred Under a Loan Commitment Agreement Dated January 21, 1997 Between the Undersigned, Therein Called the Borrower, and the Payee, Therein Called the Lender, to Which Reference Is Made for a Statement of the Terms and Conditions Under Which Installments of This Note May Be Paid Prior to the Due Date and Under Which the Due Date of Installments May Be Accelerated. Presentation and Demand for Payment, Notice of Dishonor, Protest, and Notice of Protest Are Hereby Waived. Compu-Dawn, Inc. By: <page>
12/34/56
EX-10
from SB-2/A
1 page
Promissory Note $100,000 Date: May 28, 1997 - The Undersigned, for Value Received, Promises to Pay to the Order of Mark Honigsfeld at 969 East End, Woodmere, New York, the Sum of $100,000 Payable in Eight (8) Quarterly Installments Due September 1, 1997, With Interest at the Rate of 10% Per Annum From the Date Hereof, Payable Quarterly Commencing on August 1, 1997, on the Principal Remaining Unpaid. This Note Evidences and Indebtedness Incurred Under an Amended and Restated Loan Agreement (Revolving) Dated April 30, 1997 Between the Undersigned, Therein Called the Borrower, and the Payee, Therein Called the Lender, the Terms and Conditions (Including, Without Limitation, Terms Relating to Prepayment, Default and Acceleration) of Which Are Incorporated Into This Note to the Extent That Such Terms Do Not Conflict With the Terms of This Note. Presentation and Demand for Payment, Notice of Dishonor, Protest and Notice of Protest and Hereby Waived. Compu-Dawn, Inc. By: /S/ Dong W. Lew Dong W. Lew, President <page>
12/34/56
EX-10
from SB-2/A
1 page
Promissory Note $100,000 Date: May 8, 1997 - The Undersigned, for Value Received, Promises to Pay to the Order of Mark Honigsfeld at 969 East End, Woodmere, New York, the Sum of $100,000 Payable in Eight (8) Quarterly Installments of $12,500.00, the First Installment Due August 1, 1997, With Interest at the Rate of 10% Per Annum From the Date Hereof, Payable Quarterly Commencing on August 1, 1997, on the Principal Remaining Unpaid. This Note Evidences and Indebtedness Incurred Under an Amended and Restated Loan Agreement (Revolving) Dated April 30, 1997 Between the Undersigned, Therein Called the Borrower, and the Payee, Therein Called the Lender, the Terms and Conditions (Including, Without Limitation, Terms Relating to Prepayment, Default and Acceleration) of Which Are Incorporated Into This Note to the Extent That Such Terms Do Not Conflict With the Terms of This Note. Presentation and Demand for Payment, Notice of Dishonor, Protest, and Notice of Protest and Hereby Waived. Compu-Dawn, Inc. By:/S/ Dong W. Lew, President Dong W. Lew, President <page>
12/34/56