cyberinfoexh10_3.htm


    
      

    

    Exhibit 10.3

     

    Cyber Informatix,
Inc.

    
 

    PROMISSORY
NOTE

    


    
      	 
      	
              Las
      Vegas, Nevada:

            
	
              $
      18,000

            	
              September 28,
      2007

            


    

    


    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 28th
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 occur and be continuing for any reason whatsoever
(and whether such occurrence shall be voluntary or involuntary or come about or
be affected by operation of law or otherwise):

    


    
      	
               
      

            	
              (a)

            	
              if
      Borrower defaults in any payments due under this Note when they become due
      and payable and such default continues for more than 10 days;
      or

            


    

    
      	
               
      

            	
              (b)

            	
              if
      Borrower makes an assignment for the benefit of creditors;
    or

            


    

    
      	
               
      

            	
              (c)

            	
              if
      an order, judgment, or decree is entered adjudicating Borrower bankrupt or
      insolvent; or

            


    

    
      	
               
      

            	
              (d)

            	
              if
      Borrower petitions or applies to any tribunal for the appointment of a
      trustee, receiver, or liquidator of Borrower, or commences any proceedings
      relating to Borrower under bankruptcy, reorganization, insolvency,
      dissolution, or liquidation law of any jurisdiction, whether now or
      hereafter in effect; or

            


    

    


    



    
      
         


      

      
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          Cyber
Informatix, Inc.

        

      

    

     

    
      	
               
      

            	
              (e)

            	
              if
      any order, judgment, or decree is entered appointing any such trustee,
      receiver, or liquidator, or approving the petition in any such
      proceedings, and such order, judgment, or decree remains unstayed and in
      effect for more than 60 days;or

            


    

    
      	
               
      

            	
              (f)

            	
              if
      any order, judgment, or decree is entered in any proceedings against
      Borrower decreeing the dissolution of Borrower and such order, judgment,
      or decree remains unstayed and in effect for more than 60
      days;

            


    

    


    then the
Payee may, at its option, by written notice mailed (registered or certified
mail, postage prepaid) of such notice by the Payee, the same shall become
immediately due and immediately payable.

    


    The Note
may not be changed orally, but only by an agreement in writing, signed by the
party against whom enforcement of any waiver, change, modification or discharge
is sought.

    


    IN WITNESS WHEREOF, This Note
has been duly executed and delivered by the duly authorized officers of the
Borrower.

    


    


    CYBER
INFORMATIX, INC.:

    


    


    /s/ Donald C. Jones,
September 28, 2007

    Donald C.
Jones

    Director,

    President,
Chief Executive Officer

    


    


    /s/ Terry G. Bowering,
September 28, 2007

    Terry G.
Bowering

    Director,

    Secretary,
Treasurer

    


    


    


    


    



    
      
         


      

      
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