Document:

ex40.htm

 

Exhibit 10.40

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$250,000                                                                           Date: December 4, 2009

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Two Hundred Fifty Thousand Dollars and no/100 ($250,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: December 4, 2009ex41.htm

 

Exhibit 10.41

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$250,000                                                                                     Date: January 4, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Two Hundred Fifty Thousand Dollars and no/100 ($250,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: January 4, 2010ex42.htm

 

Exhibit 10.42

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$250,000                                                                           Date: January 29, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Two Hundred Fifty Thousand Dollars and no/100 ($250,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: January 29, 2010ex43.htm

 

Exhibit 10.43

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$400,000                                                                                     Date: April 7, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Four Hundred Thousand Dollars and no/100 ($400,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: April 7, 2010ex44.htm

 

Exhibit 10.44

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$100,000                                                                                     Date: May 7, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of One Hundred Thousand Dollars and no/100 ($100,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: May 7, 2010ex45.htm

 

Exhibit 10.45

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$400,000                                                                                     Date: May 11, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Four Hundred Thousand Dollars and no/100 ($400,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: May 11, 2010ex46.htm

 

Exhibit 10.46

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$150,000                                                                                     Date: May 28, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of One Hundred Fifty Thousand Dollars and no/100 ($150,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: May 28, 2010ex47.htm

 

Exhibit 10.47

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$350,000                                                                                     Date: June 3, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Three Hundred Fifty Thousand Dollars and no/100 ($350,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: June 3, 2010ex48.htm

 

Exhibit 10.48

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$500,000                                                                                     Date: June 15, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Five Hundred Thousand Dollars and no/100 ($500,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: June 15, 2010ex49.htm

 

Exhibit 10.49

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$300,000                                                                                     Date: July 2, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Three Hundred Thousand Dollars and no/100 ($300,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: July 2, 2010ex50.htm

 

Exhibit 10.50

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$200,000                                                                                     Date: October 8, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Two Hundred Thousand Dollars and no/100 ($200,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: October 8, 2010ex51.htm

 

Exhibit 10.51

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$300,000                                                                           Date: November 3, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Three Hundred Thousand Dollars and no/100 ($300,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: November 3, 2010ex52.htm

 

Exhibit 10.52

 

DEMAND PROMISSORY NOTE

 

 

 

 

 

 

$50,000                                                                           Date: November 10, 2010

 

 

 

 

FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of Warren Breslow, the sum of Fifty Thousand Dollars and no/100 ($50,000.00), together with interest of 10% per annum on the unpaid balance.

 

 

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

 

 

 

 

 

 

 

 

”Borrower”

 

Aura Systems, Inc.

____________________

Melvin Gagerman

Chief Executive Officer

 

Dated: November 10, 2010

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