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EXHIBIT 10.3
 
DEMAND PROMISSORY NOTE IN FAVOR OF
VICTOR J. YOSHA DATED JULY 2, 2008
 

 
 
 

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DEMAND PROMISSORY NOTE
 
$50,000.00                                                                                                                                          Lakewood,
Colorado
                                                                                                                                                                           
July 2, 2008

For value received, the undersigned, V2K INTERNATIONAL, INC., a Colorado
corporation (the “Borrower”), hereby promises to pay on demand, to the order of
Victor J. Yosha (the “Lender”), at, 7276 Orion Street, Arvada, CO 80007, or at
any other place designated at any time by the holder hereof, in lawful money of
the United States of America and in immediately available funds, the principal
sum of FIFTY THOUSAND AND NO/100 DOLLARS ($50,000.00) together with interest on
the principal amount hereunder, computed on the basis of the actual number of
days elapsed and a 365-day year, from the date hereof until this Note is fully
paid at the rate of TWELVE PERCENT (12%) per annum.

The Borrower hereby agrees to pay all costs of collection, including attorneys’
fees and legal expenses, in the event this Note is not paid when due, whether or
not legal proceedings are commenced.

Presentment or other demand for payment, notice of dishonor and protest are
expressly waived.

 
V2K INTERNATIONAL, INC., a Colorado corporation
 
 
By   /s/ Jerry A. Kukuchka                         
 
Its       CFO                                                 

 
 
 
 
 
 
 

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