ex10-1.htm


    Exhibit
10.1

     

     

     

     

     

    REVOLVING
CREDIT PROMISSORY NOTE

    


    
      	
              US
      $25,000

            	
              December
      12, 2007,

            
	 
      	
              with an effective
      date

            
	 
      	
              of
      September 7, 2007

            


    

    


    FOR VALUE RECEIVED, the
undersigned, RX Scripted, Inc., a Nevada corporation, which has a business
address of 201 Creekvista Drive, Holly Springs, North Carolina 27540 ("Maker"),
hereby promises to pay to the order of Kevin McAdams, an individual, whose
address is 201 Creekvista Drive, Holly Springs, North Carolina 27540 ("Payee"),
the principal sum of Twenty Five Thousand Dollars ($25,000), or such lesser
amount as shall be advanced by Payee from time to time, of which $10,000 has
been loaned to date and $15,000 will be available under the terms of this
revolving credit note.  Maker shall pay Payee in lawful money in
United States of America, which shall be legal tender, bearing interest at 4%
per annum on the unpaid balance of such amount from the date of the initial
revolving credit advance and payable as provided herein.  This
Revolving Credit Promissory Note (the “Note”) has an effective date of December
12, 2007.

    


    The
unpaid principal balance, including any unpaid and accrued interest, shall at no
time exceed the sum of Twenty Five Thousand and No/100 Dollars
($25,000.00).  The unpaid principal balance of this Note at any time
shall be the total amounts loaned or advanced hereunder by Payee, less the
amount of payments or prepayments of principal made hereon by or for the account
of Maker. It is contemplated that by reason of prepayments hereon, there may be
times when no indebtedness is due hereunder; but notwithstanding such
occurrences, this Note shall remain valid and shall be in full force and effect
as to loans or advances  made  pursuant  to and
under the terms of this Note subsequent to each such occurrence.

    


    Advances
hereunder shall be made by Payee upon the oral or written request of the
undersigned officer of Maker or any other officer of Maker authorized to make
such a request.

    


    Maker
promises to pay to the order of Payee at the place for payment and according to
the terms of payment the principal amount plus interest at the rates stated
above.  All unpaid amounts shall be due by December 31,
2008.

    


    On
default in the payment of this Note or in the performance of any obligation in
any instrument securing or collateral to it this Note and all obligations in all
instruments securing or collateral to it shall become immediately due at the
election of Payee.  Maker and each surety, endorser, and guarantor
waive all demands for payment, presentations for payment, notices of intention
to accelerate maturity, protests, and notices of protest.

    


    If this
Note or any instrument securing or collateral to it is given to an attorney for
collection, or if suit is brought for collection, or if it is collected through
probate, bankruptcy, or other judicial proceeding, then Maker shall pay Payee
all costs of collection,
including reasonable attorney's fees and court costs, in addition to other
amounts due.

     

     

     

     

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

     

    
 

    Interest
on the debt evidenced by this Note shall not exceed the maximum amount of
nonusurious interest that may be contracted for, taken, reserved, charged, or
received under law; any interest in excess of that maximum amount shall be
credited on the principal of the debt or, if that has been paid,
refunded.  On any acceleration or required or permitted prepayment,
any such excess shall be canceled automatically as of the acceleration or
prepayment or, if already paid, credited on the principal of the debt or, if the
principal of the debt has been paid, refunded.  This provision
overrides other provisions in this and all other instruments concerning the
debt.

    


    The terms
Maker and Payee and other nouns and pronouns include the plural if more than
one.  The terms Maker and Payee also include their respective
successors, representatives, and assigns.

    


    


    IN
WITNESS WHEREOF, Maker has duly executed this Note as of the day and year first
above written, with an effective date of December 12, 2007.

    


    


    
      	 
      	
              RX Scripted,
      Inc.

            
	 
      	 
      
	 
      	 
      
	 
      	
              /s/
      MaryAnne McAdams

            
	 
      	
              MaryAnne
      McAdams

            
	 
      	
              Director

            


    

    


     

     

     

    
 

    
      
        
        

      

      
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