PROMISSORY
NOTE


	
 

	
 


	
$18,450

	
February
27, 2009





          FOR VALUE RECEIVED, the sufficiency
of
which is hereby acknowledged, the undersigned,
CX2 Technologies, Inc., a Nevada
corporation (the ■Maker•), promises to pay to the order of MICHAEL
RAND (the ■Holder•), the principal sum of EIGHTEEN THOUSAND FOUR HUNDRED AND FIFTY and NO/100
DOLLARS ($18,450) (the ■Principal•),
without interest except as hereinafter set
forth.


1.          PAYMENT
OF PRINCIPAL. The outstanding principal balance of this Note shall be due upon demand. All payments hereunder shall be made
at the principal residence of the Holder, or such other place as the Holder may
from time to time designate in writing.


2.          EVENTS OF DEFAULT. If one or more
of the following described events
shall have occurred and be continuing, then this Note shall be in
default (each, a ■Default•): 


             2.1. Failure
to Pay. The Maker shall fail to
pay the Principal balance of this Note or of Interest on this Note on or within five (5) days after the date upon
which such payment becomes due; or


             2.2. Bankruptcy. The Maker shall be
adjudicated as bankrupt or insolvent, or admit in writing its inability to pay its debts as they
mature, or make an assignment for the benefit of creditors; or the Maker shall apply for or consent to the appointment of
a receiver, trustee, or similar officer
for it or for all or any substantial part of its property; or such receiver,
trustee or similar officer shall be
appointed without the application or consent of the Maker and such appointment shall continue undischarged for a period of sixty
(60) days; or the Maker shall institute (by petition, application, answer, consent or otherwise) any
bankruptcy, insolvency, reorganization, arrangement, readjustment of
debt, dissolution, liquidation or similar proceeding relating to it under the
laws of any jurisdiction; or any such proceeding shall be instituted (by
petition, application or otherwise) against the Maker and shall remain
undismissed for a period of sixty (60) days; or any judgment, writ, warrant of attachment or execution or
similar process shall be issued or levied against a substantial part of the property of the Maker and
such judgment, writ, or similar process shall not be released, vacated or fully bonded within sixty
(60) days after its issue or levy.


3.          DEFAULT REMEDIES. Upon the
occurrence of a Default, the entire
unpaid Principal, together with accrued and unpaid Interest, shall be forthwith
due and payable without notice or demand.


4.          PREPAYMENT.
This Note may be prepaid in whole or in part without penalty.


5.          WAIVER OF NOTICE, ETC. The Maker
waives demand, presentment, protest,
dishonor and notice of maturity,
non-payment or protest and all other requirements to hold the Maker liable.


6.          BUSINESS DAYS. If a payment of
Principal or Interest on this Note becomes due on a Saturday,
Sunday or other legal holiday on which state or federal banks in the State of
Florida are closed, then the due date shall
be extended to the next succeeding business day.






7.          AMENDMENT: WAIVER. This Note may
not be amended, extended, renewed
or modified nor shall any waiver of
any provision hereof be effective, except by an instrument in writing executed by the Holder or his authorized
representative.


8.          GOVERNING LAW. This Note shall be
construed, interpreted, enforced and governed by
and in accordance with the laws of
the State of Florida (excluding the principles thereof governing conflicts of law), with exclusive jurisdiction
and venue in the federal and state courts of Palm Beach County, Florida.


	
 

	
 

	
 

	
 


	
 

	
THE MAKER:

	
 


	
 

	
 

	
 

	
 


	
 

	
CX2 Technologies, Inc.


	
 

	
 

	
 

	
 


	
 

	
By:

	
/s/
Michael Rand

	
 


	
 

	
 

	



	
 


	
 

	
Name: Michael Rand 

	
 


	
 

	
Title: President

	
 





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