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RE: Convertible loan to Raptor Networks Technology, Inc.

Letter of Credit

RE:  Convertible loan to Raptor Networks Technology, Inc. | Document Parties: RAPTOR Networks Technology Inc. You are currently viewing:
This Letter of Credit involves

RAPTOR Networks Technology Inc.

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Title: RE: Convertible loan to Raptor Networks Technology, Inc.
Date: 4/15/2005

RE:  Convertible loan to Raptor Networks Technology, Inc., Parties: raptor networks technology inc.
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                                                                  EXHIBIT 10.10

 

                                                             85 Enterprise Road

                                                          Aliso Viejo, CA 92656

 

                                                                 unreadable text

 

RAPTOR

Networks Technology Inc.

 

_________________________________

Attn:   __________________________

Via Facsimile:   _________________

 

RE:   Convertible loan to Raptor Networks Technology, Inc. (____________)

 

Gentlemen:

 

         We propose to borrow the original principal sum of _________________

____________________________________________________________ Dollars U.S. from

___________________ under a Loan evidenced by a Promissory Note convertible by

the holder into Restricted Common Stock of Raptor Networks Technology, Inc. at

any time during the three (3) year period following initial funding of the Loan.

Prior to conversion, the Loan shall accrue interest at the annual rate of eight

(8%) percent.


 
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