Document:

Exhibit
        10.1

      

        PROMISSORY
          NOTE

      

       

      
        	
                $200,000

              	
                
                  Dallas,
                    Texas June 2, 2008

                

              

      

      

        FOR
          VALUE
          RECEIVED, the undersigned, ACES WIRED, INC., a Nevada corporation, hereby
          promises to pay to the order of GORDON T. GRAVES ("Lender") the principal
          sum of
          TWO HUNDRED THOUSAND DOLLARS ($200,000), with interest on the unpaid balance
          thereof from the date hereof until maturity at the rate equal to the Long-Term
          Applicable Federal Rate then in effect (4.17%), as published by the Internal
          Revenue Service in accordance with section 1274(d) of the Internal Revenue
          Code,
          both principal and interest payable as hereinafter provided in lawful money
          of
          the United States of America.

        

        All
          past
          due principal and/or interest or installments thereof shall bear interest
          at the
          highest rate for which the undersigned may legally contract under applicable
          law
          or, if no such rate is designated under applicable law, at the rate of
          eighteen
          percent (18%) per annum. The principal of this Note shall be payable on
          December
          31,2009. Interest on the unpaid principal balance of this Note shall be
          due and
          payable at maturity.

        

        The
          undersigned shall have the right to prepay, without penalty, at any time
          and
          from time to time prior to maturity, all or any part of the unpaid principal
          balance of this Note and/or all or any part of the unpaid interest accrued
          to
          the date of such prepayment, provided that any such principal thus paid
          is
          accompanied by accrued interest on such principal.

        

        It
          is the
          intent of the payee of this Note and the undersigned in the execution of
          this
          Note to contract in strict compliance with applicable usury law. In furtherance
          thereof. the said payee and the undersigned stipulate and agree that none
          of the
          terms and provisions contained in this Note, or in any other instrument
          executed
          in connection herewith, shall ever be construed to create a contract to
          pay for
          the use, forbearance or detention of money, interest at a rate in excess
          of the
          maximum interest rate permitted to be charged by applicable law; that neither
          the undersigned nor any guarantors, endorsers or other parties now or hereafter
          becoming liable for payment of this Note shall ever be obligated or required
          to
          pay interest on this Note at a rate in excess of the maximum interest that
          may
          be lawfully charged under applicable law; and that the provisions of this
          paragraph shall control over all other provisions of this Note and any
          other
          instruments now or hereafter executed in connection herewith which may
          be in
          apparent conflict herewith. If the maturity of this Note shall be accelerated
          for any reason or if the principal of this Note is paid prior the end of
          the
          term of this Note, and as a result thereof the interest received for the
          actual
          period of existence of the loan evidenced by this Note exceeds the applicable
          maximum lawful rate, the holder of this Note shall, at its option, either
          refund
          to the undersigned the amount of such excess or credit the amount of such
          excess
          against the principal balance of this Note then outstanding and thereby
          shall
          render inapplicable any and all penalties of any kind provided by applicable
          law
          as a result of such excess interest. In the event that the said payee or
          any
          other holder of this Note shall contract for, charge or receive any amount
          or
          amounts and/or any other thing of value which are determined to constitute
          interest which would increase the effective interest rate on this Note
          to a rate
          in excess of that permitted to be charged by applicable law, an amount
          equal to
          interest in excess of the lawful rate shall, upon such determination, at
          the
          option of the holder of this Note, be either immediately returned to the
          undersigned or credited against the principal balance of this Note then
          outstanding, in which event any and all penalties of any kind under applicable
          law as a result of such excess interest shall be inapplicable. By execution
          of
          this Note the undersigned acknowledges that it believes the loan evidenced
          by
          this Note to be non-usurious and agrees that if, at any time, the undersigned
          should have reason to believe that such loan is in fact usurious, it will
          give
          the holder of this Note notice of such condition and the undersigned agrees
          that
          said holder shall have ninety (90) days in which to make appropriate refund
          or
          other adjustment in order to correct such condition if in fact such exists.
          The
          term "applicable law" as used in this Note shall mean the laws of the State
          of
          Texas or the laws of the United States, which ever laws allow the greater
          rate
          of interest, as such laws now exist or may be changed or amended or come
          into
          effect in the future.

        

        Should
          the indebtedness represented by this Note or any part thereof be collected
          at
          law or in equity or through any bankruptcy, receivership, probate or other
          court
          proceedings or if this Note is placed in the hands of attorneys for collection
          after default, the undersigned and all endorsers, guarantors and sureties
          of
          this Note jointly and severally agree to pay to the holder of this Note
          in
          addition to the principal and interest due and payable hereon all the costs
          and
          expenses of said holder in enforcing this Note including, without limitation,
          reasonable attorneys' fees and legal expenses.

        

        The
          undersigned and all endorsers, guarantors and sureties of this Note and
          all
          other persons liable or to become liable on this Note severally waive
          presentment for payment, demand, notice of demand and of dishonor and nonpayment
          of this Note, notice of intention to accelerate the maturity of this Note,
          protest and notice of protest, diligence in collecting, and the bringing
          of suit
          against any other party, and agree to all renewals, extensions, modifications,
          partial payments, releases or substitutions of security, in whole or in
          part,
          with or without notice, before or after maturity.

        

        No
          delay
          by Lender in exercising any right or remedy with respect to this Note shall
          operate as a waiver thereof, nor shall the exercise of any right or remedy
          with
          respect to this Note waive or preclude the later exercise of such right
          or
          remedy or any other right or remedy with respect to this Note. All rights
          and
          remedies afforded by law shall be cumulative, and all shall be available
          to
          Lender at all times until this Note has been paid and performed in full
          Any
          single or partial exercise of any such right or remedy shall not preclude
          any
          other or further exercise thereof or the exercise of any other right or
          remedy,
          and no waiver whatsoever shall be valid unless it is in a writing signed
          by
          Lender and then only to the extent specifically set forth in such
          writing.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        The
          terms
          and provisions of this Note shall inure to the benefit of any assignee,
          transferee, or holder of this Note, and in the event of such transfer or
          assignment, each of the rights, powers, privileges and benefits conferred
          upon
          Lender by this Note shall automatically be vested in such transferee, assignee,
          or holder.

        

        The
          terms
          and provisions of this Note shall be binding upon Borrower and its successors,
          assigns, and transferees, but any such assignment or transfer shall not
          relieve
          Borrower of its obligations under this Note. The invalidity or unenforceability
          of any of the provisions of this Note shall not affect the validity or
          enforceability of the remainder hereof.

        

        If
          this
          Note is placed in the hands of an attorney for collection after default,
          or fall
          or any part of the indebtedness represented hereby is proved, established
          or
          collected in any court or in any bankruptcy, receivership, debtor relief,
          probate or other court proceedings, Borrower and all endorsers, sureties
          and
          guarantors of this Note jointly and severally agree to pay reasonable attorneys'
          fees and collection costs to the holder hereof in addition to the principal
          and
          interest payable hereunder.

        

        THIS
          NOTE
          AND THE RIGHTS AND DUTIES OF THE PARTIES HEREUNDER SHALL BE GOVERNED FOR
          ALL
          PURPOSES BY THE LAW OF THE STATE OF TEXAS AND THE LAW OF THE UNITED STATES
          APPLICABLE TO TRANSACTIONS WITHIN SUCH STATE.

        

        
          	
                  ACES
                    WIRED, INC.

                
	 
	
                  /s/
                    KENNETH R. GRIFFITH

                
	 
	
                  Title:
                    PresidentExhibit
      10.2

     

    PROMISSORY
      NOTE

     

    
      
        	
                $10,000

              	
                Dallas,
                  Texas July 1, 2008

              

      

    

    

    FOR
      VALUE
      RECEIVED, the undersigned, ACES WIRED, INC., a Nevada corporation, hereby
      promises to pay to the order of KENNETH GRIFFITH ("Lender") the principal sum
      of
      TEN THOUSAND DOLLARS ($10,000), with interest on the unpaid balance thereof
      from
      the date hereof until maturity at the rate equal to the Long-Term Applicable
      Federal Rate then in effect (4.17%), as published by the Internal Revenue
      Service in accordance with section 1274(d) of the Internal Revenue Code, both
      principal and interest payable as hereinafter provided in lawful money of the
      United States of America.

    

    All
      past
      due principal and/or interest or installments thereof shall bear interest at
      the
      highest rate for which the undersigned may legally contract under applicable
      law
      or, if no such rate is designated under applicable law, at the rate of eighteen
      percent (18%) per annum. The
      principal of this Note shall be payable on December 31,2009. Interest on the
      unpaid principal balance of this Note shall be due and payable at
      maturity.

    

    The
      undersigned shall have the right to prepay, without penalty, at any time and
      from time to time prior to maturity, all or any part of the unpaid principal
      balance of this Note and/or all or any part of the unpaid interest accrued
      to
      the date of such prepayment, provided that any such principal thus paid is
      accompanied by accrued interest on such principal.

    

    It
      is the
      intent of the payee of this Note and the undersigned in the execution of this
      Note to contract in strict compliance with applicable usury law. In furtherance
      thereof. the said payee and the undersigned stipulate and agree that none of
      the
      terms and provisions contained in this
      Note, or in any other instrument executed in connection herewith, shall ever
      be
      construed to create a contract to pay for the use, forbearance or detention
      of
      money, interest at a rate in excess of the maximum interest rate permitted
      to be
      charged by applicable law; that neither the undersigned nor any guarantors,
      endorsers or other parties now or hereafter becoming liable for payment of
      this
      Note shall ever be obligated or required to pay interest on this Note at a
      rate
      in excess of the maximum interest that may be lawfully charged under applicable
      law;
      and
      that the provisions of this paragraph shall control over all other provisions
      of
      this Note and any other instruments now or hereafter executed in connection
      herewith which may be in apparent conflict herewith. If the maturity of this
      Note shall be accelerated for any reason
      or
      if the principal of this Note is paid prior the end of the term of this Note,
      and as a result thereof the interest received for the actual period of existence
      of the loan evidenced by this Note exceeds the applicable maximum lawful rate,
      the holder of this Note shall, at its option,
      either refund to the undersigned the amount of such excess or credit the amount
      of such excess against the principal balance of this Note then outstanding
      and
      thereby shall render inapplicable any and all penalties of any kind provided
      by
      applicable law as a result of such excess interest. In the event that the said
      payee or any other holder of this Note shall contract for, charge or receive
      any
      amount or amounts and/or any other thing of value which are determined to
      constitute interest which would increase the effective interest rate on this
      Note to a rate in excess of that permitted to be charged by applicable law,
      an
      amount equal to interest in excess of the lawful rate shall, upon such
      determination, at the option of the holder of this Note, be either immediately
      returned to the undersigned or credited against the principal balance of this
      Note then outstanding, in which event any and all penalties of any kind under
      applicable law as a result of such excess interest shall be inapplicable. By
      execution
      of this Note the undersigned acknowledges that it believes the loan evidenced
      by
      this Note to be non-usurious and agrees that if, at any time, the undersigned
      should have reason to believe that such loan is in fact usurious, it will give
      the holder of this Note notice of such condition and the undersigned agrees
      that
      said holder shall have ninety (90) days in which to make appropriate refund
      or
      other adjustment in order to correct such condition if in fact such exists.
      The
      term "applicable law" as used in this Note shall mean the laws of the State
      of
      Texas or the laws of the United States, which ever laws allow the greater rate
      of interest, as such laws now exist or may be changed or amended or come into
      effect in the future.

    

    Should
      the indebtedness represented by this Note or any part thereof be collected
      at
      law or in equity or through any bankruptcy, receivership, probate or other
      court
      proceedings or if this Note is placed in the hands of attorneys for collection
      after default, the undersigned and all endorsers,
      guarantors and sureties of this Note jointly and severally agree to pay to
      the
      holder of this Note in addition to the principal and interest due and payable
      hereon all the costs and expenses of said holder in enforcing this Note
      including, without limitation, reasonable attorneys'
      fees and legal expenses.

    

    The
      undersigned and all endorsers, guarantors and sureties of this Note and all
      other persons liable or to become liable on this Note severally waive
      presentment for payment, demand, notice of demand and of dishonor and nonpayment
      of this Note, notice of intention to accelerate the maturity of this Note,
      protest and notice of protest, diligence in collecting, and the bringing of
      suit
      against any other party, and agree to all renewals, extensions, modifications,
      partial payments, releases or substitutions of security, in whole or in part,
      with or without notice, before or after maturity.

    

    No
      delay
      by Lender in exercising any right or remedy with respect to this Note shall
      operate as a waiver thereof, nor shall the exercise of any right or remedy
      with
      respect to this Note waive or preclude the later exercise of such right or
      remedy or any other right or remedy with respect to this Note. All rights and
      remedies afforded by law shall be cumulative, and all shall be available to
      Lender at all times until this Note has been paid and performed in full Any
      single or partial exercise of any such right or remedy shall not preclude any
      other or further exercise thereof or the exercise of any other right or remedy,
      and no waiver whatsoever shall be valid unless it is in a writing signed by
      Lender and then only to the extent specifically set forth in such
      writing.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    The
      terms
      and provisions of this Note shall inure to the benefit of any assignee,
      transferee, or holder of this Note, and in the event of such transfer or
      assignment, each of the rights, powers, privileges and benefits conferred upon
      Lender by this Note shall automatically be vested in such transferee, assignee,
      or holder.

    

    The
      terms
      and provisions of this Note shall be binding upon Borrower and its successors,
      assigns, and transferees, but any such assignment or transfer shall not relieve
      Borrower of its obligations under this Note. The invalidity or unenforceability
      of any of the provisions of this Note shall not affect the validity or
      enforceability of the remainder hereof.

    

    If
      this
      Note is placed in the hands of an attorney for collection after default, or
      fall
      or any part of the indebtedness represented hereby is proved, established or
      collected in any court or in any bankruptcy, receivership, debtor relief,
      probate or other court proceedings, Borrower and all
      endorsers, sureties and guarantors of this Note jointly and severally agree
      to
      pay reasonable attorneys' fees and collection costs to the holder hereof in
      addition to the principal and interest payable hereunder.

    

    THIS
      NOTE
      AND THE RIGHTS AND DUTIES OF THE PARTIES HEREUNDER SHALL BE GOVERNED FOR ALL
      PURPOSES BY THE LAW OF THE STATE OF TEXAS AND THE LAW OF THE UNITED STATES
      APPLICABLE TO TRANSACTIONS WITHIN SUCH STATE.

    

    
      	
              ACES
                WIRED, INC.

            
	 
	
              /s/
                KENNETH R. GRIFFITH

            
	 
	
              Title:
                President

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