Document:

Canterbury Resources, Inc.: Exhibit 10.2 - Filed by newsfilecorp.com

	 PROMISSORY NOTE  
	 
	$300,000.00 	Scottsdale, Arizona 	May 16, 2012 

     For value received, Canterbury
Resources, Inc., a Nevada corporation (“Payee”) agrees to fund, in
immediately available funds, within 3 business days of the date hereof, to
Controlled Carbon, LLC dba Echo Automotive (“Maker”) the principal
sum of Three Hundred Thousand and No/100 Dollars ($300,000) and Maker promises
to pay to Payee such principal sum of Three Hundred Thousand and No/100 Dollars
($300,000) plus the principal amount of any additional advances made by or on
behalf of Payee to Maker under this note, in legal and lawful money of the
United States of America.

     This note is issued pursuant to
that certain Letter of Intent of even date herewith between Maker and Payee (the
“LOI”). Capitalized terms not otherwise defined herein have the
meaning ascribed to such terms in the LOI. Pursuant to the LOI, Payee has agreed
to advance to Maker the LOI Advance of $300,000.00 evidenced by this note. In
the event the Closing contemplated by (and defined in) the LOI does not occur,
the principal amount of the LOI Advance together with accrued interest thereon
at the rate of five percent (5%) per annum shall become due and payable upon on
the earlier of (i) receipt by Maker of proceeds from a financing in an amount
not less than $1 million, (ii) when, upon the occurrence and during the
continuance of an Event of Default (as defined below), such amounts are declared
due and payable by Payee or made automatically due and payable, in each case, in
accordance with the terms hereof, or (iii) a change of control of Maker. In the
event of the Closing, this note will become an intercompany loan and Payee
agrees to waive all of its rights hereunder to any balance owed by Maker. 

     Interest shall be computed on the
basis of a year of 365 days for the actual number of days elapsed. Interest not
paid when due shall thereafter bear like interest as the principal.

     No interest shall be payable on
this note if the Closing of the Plan of Reorganization occurs.

     Each maker, surety and endorser
of this note expressly waives all notices, demands for payment, presentations
for payment, notices of intention to accelerate the maturity, protest and notice
of protest, as to this note and as to each, every and all installments
hereof.

     All notices must be in writing. A
notice may be delivered to Maker or Payee at the address set forth under the
signature of each party below, or to a new address that Maker or Payee has
designated in writing. Notices are deemed received on the date of delivery if
proper documentation of delivery is obtained by delivering party. A notice may
be delivered in person, by certified mail, return receipt requested, or by
overnight courier. All payments shall be made by Maker to Payee at Payee’s
address set forth below.

     If any court determines that any
provision of this note is invalid or unenforceable, any invalidity or
unenforceability will affect only that provision and will not make any other
provision of this note invalid or unenforceable and such provision shall be
modified, amended or limited only to the extent necessary to render it valid and
enforceable.

     The occurrence of any of the
following shall constitute an “Event of Default” under this note:

     A. Maker shall fail to pay (i) when due any principal payment on the due date
  hereunder or (ii) any interest payment or other payment required under the terms
  of this note on the date due and such payment shall not have been made within
  thirty (30) days of Maker’s receipt of written notice from Payee of such failure
  to pay; or

     B. Maker shall (i) apply for or
consent to the appointment of a receiver, trustee, liquidator or custodian of
itself or of all or a substantial part of its property, (ii) make a general
assignment for the benefit of its or any of its creditors, (iii) be dissolved or
liquidated, or (iv) commence a voluntary case or other proceeding seeking
liquidation, reorganization or other relief under any bankruptcy, insolvency or
other similar law now or hereafter in effect or consent to any such relief or to
the appointment of or taking possession of its property by any official in an
involuntary case or other proceeding commenced against it.

     Upon the occurrence of any Event
of Default and at any time thereafter during the continuance of such Event of
Default, Payee may, by written notice to Maker, declare all unpaid outstanding
principal and accrued interest payable by Maker hereunder to be immediately due
and payable without presentment, demand, protest or any other notice of any
kind, all of which are hereby expressly waived, anything contained herein to the
contrary notwithstanding. In addition to the foregoing remedies, upon the
occurrence and during the continuance of any Event of Default, Payee may
exercise any other right power or remedy permitted to it by law, either by suit
in equity or by action at law, or both.

     Maker agrees to reimburse Payee
for all reasonable costs of collection or enforcement of this note (including,
but not limited to, reasonable attorneys' fees) incurred by Payee. Neither this
note nor any rights hereunder may be assigned, conveyed or transferred, in whole
or in part, by Maker without Payee’s prior written consent. The rights and
obligations of Maker and Payee under this note shall be binding upon and benefit
their respective permitted successors, assigns, heirs, administrators and
transferees.

     This note shall be governed by
the laws of the State of Arizona. The federal and state courts of competent
jurisdiction located in Maricopa County, Arizona shall have personal
jurisdiction over Maker and no action to interpret or enforce this note shall be
instituted in any other jurisdiction.

	 	MAKER: 
	 	  	 
	 	CONTROLLED CARBON,
      LLC 
	 	DBA ECHO
      AUTOMOTIVE 
	 	  	 
	 	By: 	 
	 	Name: 	 
	 	Title: 	 
	 	  	 
	 	Address: 	 
	 	 	 

	ACKNOWLEDGED AND AGREED: 	 
	 	 
	CANTERBURY RESOURCES, INC. 	 
	 	 
	  	 	 
	By: 	 	 
	Name: 	 	 
	Title: 	 	 
	 	 	 
	Address:Canterbury Resources, Inc.: Exhibit 10.3 - Filed by newsfilecorp.com

	May 16, 2012 
	 
	FINANCING AGREEMENT 

     This Financing Agreement between
Canterbury Resources, Inc., a Nevada corporation (the “Company”)
and Hartford Equity Inc. (“Hartford”), sets forth the proposed
terms for an investment in the Company (this “Agreement”).

	1. 	
      The Company desires to raise up to $2,000,000 through the
      sale of shares of its common stock at $0.50 per share and warrants to
      purchase one (1) share of common stock of the Company with an exercise
      price of $0.75 per share and a term of 18 months (the
      “Financing”). These securities will not be registered and
      will be subject to Rule 144 under the Securities Act of 1933, as
      amended.

	 	 
	2. 	
      Hartford will purchase $300,000 of shares of common stock
      of the Company under the Financing promptly after execution of this
      Agreement. Additionally, Hartford agrees to either (i) invest an
      additional $1,700,000 in the Financing, or (ii) assist the Company in
      securing a portion of such Financing from alternate sources within the
      time period specified by the Company to meet its funding obligations. For
      the avoidance of doubt, in the event that Hartford is unable to secure
      financing from alternate sources, Hartford will either (i) invest the
      amount agreed upon, or (ii) will fund the missing amount itself. The
      investor providing such Financing will provide all information regarding
      such investor as may be required for the Company to comply with all
      applicable securities or other laws relating to the private placement of
      securities, including, as applicable, an accredited investor
      questionnaire, a Regulation S questionnaire and representations required
      under the United States Patriot Act.

	 	 
	3. 	
      In the event Hartford assists the Company in securing the
      Financing from other sources, Hartford will not be entitled to any
      finder’s fee or other compensation for such service.

	 	 
	4. 	
      The Company and Hartford acknowledge and agree that there
      are no intended third party beneficiaries of this Agreement.

	 	 
	5. 	
      This Agreement shall be construed in accordance with, and
      governed by, the laws of the State of Nevada, and each party separately
      and unconditionally subjects itself to the jurisdiction of any court of
      competent authority in the State of Nevada. This Agreement may be executed
      in counterparts, with the same effect as if the signatures to each such
      counterpart were upon a single instrument.

	 	 
	6. 	
      Hartford warrants that it has the capacity to fully
      fulfill its financial obligations under this
Agreement.

	CANTERBURY RESOURCES, INC. 
	  	 	 	  	 
	  	 	 	  	 
	  	 	 	  	 
	By: 	 	 	Address: 	 
	Name: 	 	 	  	 
	Title: 	 	 	  	 

The foregoing terms of this Agreement are hereby accepted.

	 	 	 	 	 
	HARTFORD EQUITY INC. 
	  	 	 	  	 
	  	 	 	  	 
	  	 	 	  	 
	By: 	 	 	Address: 	 
	Name: 	 	 	  	 
	Title:EXTR 8K - May 22, 2012 - EX 10.1

May 22, 2012
 
Jim Judson
 
Dear Jim: 
In connection with your resignation from Extreme Networks, Inc. effective June 29, 2012 (“Resignation Date”), we are confirming our agreement that you will continue to provide consulting, as needed, to the Company at a rate of $175.00 per hour for a minimum of two months after the Resignation Date.  Either you or the Company may elect to terminate the consulting relationship beyond the two month period at any time with 5 days prior written notice to the other party. 
 We want to again thank you for your services as Interim Chief Financial Officer and for the contributions you made to Extreme Networks. 

Sincerely, 
 
	
	
	EXTREME NETWORKS INC.

	/s/ Diane Honda

	Diane Honda
Vice President, General Counsel & Secretary

 
I agree to provide consulting to Extreme Networks, Inc. on the terms set forth in above.  
 
	
					
	 
	 
	 
	 
	 

	/s/ James T. Judson
	 
	 
	  
	5/22/2012

	Jim Judson
	 
	 
	  
	Date

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