PROMISSORY NOTE
 
__________ ___, 2012
$________ USD

 
For value received, Universal Tech Corp. (the “Company”) promises to pay
$__________ USD to or to the order of ___________ (the “Payee”) on demand, at
the ___________________________, together with interest calculated semi-annually
not in advance at the rate of sixteen (16%) per cent per annum from the date of
advance to the date of payment. The Company has the right to prepay all or any
money owing pursuant to this Promissory Note without notice, penalty, or bonus.
The Company hereby waives presentment, notice, protest and all other demands and
notices in connection with the delivery, acceptance, performance, default or
enforcement of this promissory note.
 
Dated: __________ ____ 2012

 
Universal Tech Corp
 
Per: ___________________
Authorized Signatory