Document:

Exhibit 10.9

 

PROMISSORY NOTE

 

	US $125,000	November 1, 2013

 

FOR VALUE RECEIVED, the undersigned, Epazz, Inc.., an Illinois
corporation, ("Maker") hereby promises to pay to the order of GG Mars Capital, Inc. ("Payee"), the principal
sum of one hundred- twenty-five thousand dollars ($125,000), in lawful money in United States of America, which shall be legal
tender, bearing interest and payable as provided herein. This Promissory Note (this “Note” or “Promissory Note”)
has an effective date of November 1, 2013. This Note is to reflect a loan being made to the Maker. Payee will forever forgive and
discharge any difference between the outstanding balance of the fees owed to Payee by Maker as of the effective date of this Note
and the principal amount of this Note upon repayment of this Note in its entirety.

 

		1.	Interest on the unpaid balance of this Note shall bear interest at the rate of fifteen percent (15%) per annum, which interest
shall accrue from the effective date until the Maturity Date (as defined below), unless prepaid prior to such Maturity Date. All
past-due principal and interest (which failure to pay such amounts after a fifteen (15) day cure period, shall be defined herein
as an “Event of Default”) shall bear interest at the rate of twenty percent (20%) per annum until paid in full (the
“Default Interest Rate”), with it being understood that Maker shall have an additional fifteen day cure periods during
the term of the Note before an Event of Default occurs. Upon an Event of Default, Payee may declare the entire amount of this Note
due and payable and shall be able to take whatever action available to it in law or equity to enforce its rights to collect an
additional $2,500 as liquidated damages in addition to the amounts owed pursuant to this Note. Interest will be computed on the
basis of a 360-day year.

 

		2.	The principal amount of this Note shall be due and payable on March 7, 2014 (the “Maturity Date”).

 

		3.	Loan Origination fee shall be $25,000 as deducted from principal proceeds of this note (Net proceeds of $100,000).

 

		4.	This Note may be prepaid in whole or in part, at any time and from time to time, without premium or penalty.

 

		5.	If any payment of principal or interest on this Note shall become due on a Saturday, Sunday or any other day on which national
banks are not open for business, such payment shall be made on the next succeeding business day.

 

		6.	This Note shall be binding upon and inure to the benefit of the Payee named herein and Payee’s respective successors
and assigns. Each holder of this Note, by accepting the same, agrees to and shall be bound by all of the provisions of this Note.
Payee may assign this Note or any of its rights, interests or obligations to this Note without the prior written approval of Maker.

 

		7.	No provision of this Note shall alter or impair the obligation of Maker to pay the principal of and interest on this Note at
the times, places and rates, and in the coin or currency, herein prescribed.

 

		8.	The Maker will do or cause to be done all things reasonably necessary to preserve and keep in full force and effect its corporate
existence, rights and franchises and comply with all laws applicable to the Maker, except where the failure to comply could not
reasonably be expected to have a material adverse effect on the Maker. Failure to comply with this provision shall constitute an
Event of Default.

 

		9.	Notwithstanding anything to the contrary in this Note or any other agreement entered into in connection herewith, whether now
existing or hereafter arising and whether written or oral, it is agreed that the aggregate of all interest and any other charges
constituting interest, or adjudicated as constituting interest, and contracted for, chargeable or receivable under this Note or
otherwise in connection with this loan transaction, shall under no circumstances exceed the Maximum Rate.

 

    	1

    	 

    

 

		10.	In the event the maturity of this Note is accelerated by reason of an Event of Default under this Note, any other agreement
entered into in connection herewith or therewith, or by voluntary prepayment by Maker or otherwise, then earned interest may never
include more than the Maximum Rate allowable by law, computed from the dates of each advance of the loan proceeds outstanding until
payment. If from any circumstance any holder of this Note shall ever receive interest or any other charges constituting interest,
or adjudicated as constituting interest, the amount, if any, which would exceed the Maximum Rate shall be applied to the reduction
of the principal amount owing on this Note, and not to the payment of interest; or if such excessive interest exceeds the unpaid
balance of principal hereof, the amount of such excessive interest that exceeds the unpaid balance of principal hereof shall be
refunded to Maker. In determining whether or not the interest paid or payable exceeds the Maximum Rate, to the extent permitted
by applicable law (i) any nonprincipal payment shall be characterized as an expense, fee or premium rather than as interest; and
(ii) all interest at any time contracted for, charged, received or preserved in connection herewith shall be amortized, prorated,
allocated and spread in equal parts during the period of the full stated term of this Note. The term "Maximum Rate" shall
mean the maximum rate of interest allowed by applicable federal or state law.

 

		11.	Except as provided herein, Maker and any sureties, guarantors and endorsers of this Note jointly and severally waive demand,
presentment, notice of nonpayment or dishonor, notice of intent to accelerate, notice of acceleration, diligence in collecting,
grace, notice and protest, and consent to all extensions without notice for any period or periods of time and partial payments,
before or after maturity, without prejudice to the holder. The holder shall similarly have the right to deal in any way, at any
time, with one or more of the foregoing parties without notice to any other party, and to grant any such party any extensions of
time for payment of any of said indebtedness, or to grant any other indulgences or forbearance whatsoever, without notice to any
other party and without in any way affecting the personal liability of any party hereunder. If any efforts are made to collect
or enforce this Note or any installment due hereunder, the undersigned agrees to pay all collection costs and fees, including reasonable
attorney's fees.

 

		12.	A copy of this Promissory Note signed by one party and faxed to another party shall be deemed to have been executed and delivered
by the signing party as though an original. A photocopy of this Promissory Note shall be effective as an original for all purposes.

 

		13.	This Note shall be construed and enforced under and in accordance with the laws of the State of Illinois, without regard to
choice-of-law rules of any jurisdiction.

 

IN WITNESS WHEREOF, Maker has duly executed this Note as of the
day and year first written above.

 

Epazz, INC.

 

 

Shaun Passley

Chief Executive Officer

 

 

 

    	2Exhibit 10.10

 

ASSIGNMENT AGREEMENT

 

This Assignment Agreement
(this "Agreement") dated August 13, 2013, to be effective August 15, 2013 (the "Effective
Date") is by Accion Chicago (the "Assignor") and GG Mars Capital, Inc. ("Assignee"),
and is consented to and acknowledged by DeskFlex, Inc. and Epazz, Inc. (the "Company"). All
contracting entities are each referred to as a "Party" and collectively as the "Parties" to
the Agreement as such terms are used herein.

 

WHEREAS,
the Company and the Assignor are party to that certain Promissory Note (#990000206722) dated February 13, 2012 (the "Note",
a copy of which is attached hereto as Exhibit A); the payoff amount of the Note is $14,815.75, based on the payoff letter
dated August 6, 2013, a copy of which is attached hereto as Exhibit B (the "Payoff Amount");
and the Assignor desires to assign its rights, obligations and liabilities under the Note to Assignee and Assignee desires
to purchase the Note from the Assignor and accept such assignment of rights under the Note in consideration for the Payoff Amount.

 

NOW,
THEREFORE, in consideration of the premises and the mutual covenants, agreements, and considerations herein contained, which
the Parties acknowledge the receipt and sufficiency of, the Parties hereto agree as follows:

 

Assignment of Note.

 

		1.	The Assignee hereby purchases
                                                                  all of the Assignor's right, title and interest in the Company
                                                                  in consideration for the Payoff Amount which shall be paid
                                                                  to the Assignor concurrently with the Parties entry into this
                                                                  Agreement (the "Purchase").

 

		2.	Effective as of the Effective Date,
                                                           and in connection with the Purchase, Assignor hereby assigns all of
                                                           its rights, obligations, and liabilities under the Note to Assignee,
                                                           and Assignee hereby accepts such assignment (the "Assignment").
                                                           Insofar as rights and obligations under the Note from the Effective
                                                           Date of this Agreement are concerned all references to Assignor therein
                                                           shall be deemed to be replaced with references to Assignee.

 

		3.	Consent to Assignment and Purchase by Assignor. Pursuant to
the foregoing terms and conditions, the Company hereby grants its consent to the Assignment and Purchase and the terms and conditions
of this Agreement and represents and warrants that it shall not raise any claims against Assignor in connection with the breach,
default or non-performance of the Note by Assignee.

 

		4.	Compliance with Terms of Note. Assignee agrees and covenants
to comply with all of the terms and conditions of the Note and to be bound by all of such terms. Furthermore, Assignee agrees that
upon the Assignment, all such terms and conditions of the Note attributable to Assignor shall be automatically confirmed and ratified
in all respects by Assignee.

 

IN
WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first written above to be effective as of
the Effective Date written above.

 

	Accion Chicago, Inc. (“Assignor”)	GG Mars Capital, Inc. (“Assignee”)
	 	 
	By:_____________________________	By:_____________________________
	Title: ____________ Print Name: ________________	Title: ____________ Print Name: ________________
	 	 
	Approved and acknowledged:

        Desk Flex, Inc. (“the Company”) 
	 
	 	 
		 
	By:_____________________________	 
	Title: ____________ Print Name: ________________	 
	 	 
	 	 
	Epazz , Inc. (the “Company”)	 
	 	 
	 	 
	By:_____________________________	 
	Title: ____________ Print Name: ________________

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00223-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00223-of-00352.parquet"}]]