PROMISSORY NOTE
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US$100,000
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September 23, 2008
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FOR VALUE RECEIVED, SKY HARVEST WINDPOWER CORP., a company
incorporated under the laws of Canada (the " Borrower ")
HEREBY ACKNOWLEDGES ITSELF INDEBTED AND PROMISES TO
PAY to or to the order of KEEWATIN WINDPOWER CORP. a
company incorporated under the laws of the State of Nevada (the "
Lender "), or such other address as the Lender directs, the
principal sum of $100,000 of lawful money of the United States (the
" Loan "), as follows:
1.
Definitions:
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(a)
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" Event of Default " means at any time
there is a default or a breach by the Borrower of any
representation, warranty, covenant, agreement, term, condition,
stipulation or proviso contained herein or in any Other
Document;
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(b)
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" Other Document " means any document or
agreement other than this Note which evidences, secures or
evidences or secures the payment, observance and performance of the
Loan in whole or in part; and
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2.
Repayment:
The Borrower will pay the outstanding principal balance of the Loan
on September 22, 2009, provided that the Borrower will have the
privilege of prepaying the Loan in whole or in part at any time and
from time to time, without notice, bonus or penalty.
3.
Records:
The Borrower acknowledges and agrees that the records of the Lender
with respect to advances and re
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