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Exhibit 10.3
Cyber Informatix, Inc.
PROMISSORY NOTE
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Las Vegas, Nevada:
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$
18,000
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September 28,
2007
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FOR VALUE
RECEIVED , the
undersigned CYBER INFORMATIX, INC., a Nevada Corporation ,
(hereinafter the “Borrower”) 1785 East Sahara Avenue,
Suite 490-474, Las Vegas, Nevada, 89104 hereby promises to pay to
Terry G. Bowering (hereinafter the
“Payee”) of 10 Cedar Meadow Drive, Regina, Sask. S4X
3J6, Canada, the principal amount of eighteen
thousand DOLLARS AND 00/100 , (US$
18,000).
The principal amount on this Note is prepayable,
without premium or penalty, at the option of Borrower, at any time
and from time to time, in whole or in part.
The principal
of this Note shall be due and payable on demand anytime after the
date of the signing of that certain Lenders Agreement date the
28 th day of September,
2007 .
This Note shall bear no interest.
All payments (including prepayments) by Borrower
on account of principal on this Note shall be made payable in
lawful money of the United States of America at such place as may
hereafter be designated by written notice from the Payee to the
Borrower.
In any litigation arising out of this Note, the
prevailing party in such litigation shall be entitled to recover
reasonable attorney’s fees and costs at both the trial and
appellate levels.
If any of the following events shall
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