EX-10
from 8-K
2 pages
In Order to Induce Braswell Enterprises, L.P., a Limited Partnership Located in the State of California (“Lender”), to Loan the Principal Amount of One-Million and No/100 Dollars ($1,000,000.00) to I2 Telecom International, Inc., a Washington Corporation (“Borrower”), Evidenced by That Certain Promissory Note Executed by Borrower Contemporaneously Herewith (The “Note”), Paul R. Arena (The “Undersigned”) Hereby Irrevocably, Unconditionally, and Absolutely Guarantees Fifty Percent (50%) or Five-Hundred Thousand and No/100 Dollars ($500,000.00) of the Due Performance and Punctual Payment in Full of All Obligations and All Costs, Including Attorneys’ Fees, Arising Out of Borrower’s Obligations Under the Note (All Such Obligations, Costs, Expenses and Liabilities Being Hereinafter Referred to as the “Obligations”), Pursuant to the Terms and Conditions Set Forth Herein
12/34/56
EX-10
from 10QSB
2 pages
In Order to Induce Vestal Venture Capital, Having Its Principal Place of Business in Boca Raton, Florida (“Lender”), to Loan the Principal Amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) to I2 Telecom International, Inc., a Washington Corporation (“Borrower”), Evidenced by That Certain Promissory Note Executed by Borrower Contemporaneously Herewith (The “Note”), Paul R. Arena (The “Undersigned”) Hereby Irrevocably, Unconditionally, and Absolutely Guarantees the Due Performance and Punctual Payment in Full of All Obligations and All Costs, Including Attorneys’ Fees, Arising Out of Borrower’s Obligations Under the Note (All Such Obligations, Costs, Expenses and Liabilities Being Hereinafter Referred to as the “Obligations”), Pursuant to the Terms and Conditions Set Forth Herein
12/34/56
EX-10
from 8-K/A
2 pages
In Order to Induce Vestal Venture Capital, Having Its Principal Place of Business in Boca Raton, Florida (“Lender”), to Loan the Principal Amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) to I2 Telecom International, Inc., a Washington Corporation (“Borrower”), Evidenced by That Certain Promissory Note Executed by Borrower Contemporaneously Herewith (The “Note”), Paul R. Arena (The “Undersigned”) Hereby Irrevocably, Unconditionally, and Absolutely Guarantees the Due Performance and Punctual Payment in Full of All Obligations and All Costs, Including Attorneys’ Fees, Arising Out of Borrower’s Obligations Under the Note (All Such Obligations, Costs, Expenses and Liabilities Being Hereinafter Referred to as the “Obligations”), Pursuant to the Terms and Conditions Set Forth Herein
12/34/56
EX-10
from 8-K
2 pages
In Order to Induce Vestal Venture Capital, Having Its Principal Place of Business in Boca Raton, Florida (“Lender”), to Loan the Principal Amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) to I2 Telecom International, Inc., a Washington Corporation (“Borrower”), Evidenced by That Certain Promissory Note Executed by Borrower Contemporaneously Herewith (The “Note”), Paul R. Arena (The “Undersigned”) Hereby Irrevocably, Unconditionally, and Absolutely Guarantees the Due Performance and Punctual Payment in Full of All Obligations and All Costs, Including Attorneys’ Fees, Arising Out of Borrower’s Obligations Under the Note (All Such Obligations, Costs, Expenses and Liabilities Being Hereinafter Referred to as the “Obligations”), Pursuant to the Terms and Conditions Set Forth Herein
12/34/56
EX-10
from 8-K/A
2 pages
For Value Received, I2 Telecom International, Inc., a Washington Corporation (“Maker”), Promises to Pay to Vestal Venture Capital (“Payee”) Located at 6471 Enclave Way, Boca Raton, Florida 33496 (Or to Such Other Person or Persons and/or Such Other Address as Payee May Designate in Writing to Maker), the Principal Sum of Six Hundred Fifty Thousand Dollars ($650,000.00) (The “Principal Amount”), Together With a Loan Origination Fee, in the Amount of Sixty Thousand Dollars ($65,000.00) (The “Loan Fee”) Plus Interest Thereon as Provided for Herein
12/34/56