Document:

esse8k9908ex10_2.htm

    
      

    

    EXHIBIT 10.2

     

    

      PROMISSORY
NOTE

      

      
        	
                Borrower:

              	
                Earth
      Search Sciences, Inc. of #6 - 306 Stoner Loop Rd, Lakeside, MT, 59922, the
      "Borrower".

              
	
                Lender:

              	
                Ken
      Danchuk of #312 – 2532 Shoreline Dr., Winfield, B.C., V4V2H8,
      Canada

              

      

      

      Principal
Amount: [$625,000 - Six Hundred and Twenty-Five Thousand Dollars]

      

       

      
        	
                1.  

              	
                FOR
      VALUE RECEIVED, The Borrower promises to pay to Lender at such addresses
      as may be provided in writing to the Borrower, the principal sum of
      [amount] (the “Principal Amount”).

              

      

       

       

      
        	
                2.  

              	
                This
      Note will be repaid in five (5) consecutive semi-annual installments of
      one fifth of the Principal Amount commencing on the first business day in
      February 2009 and continuing on the first business day of each sixth month
      thereafter until the entire Principal Amount has been
  paid.

              

      

       

       

      
        	
                3.  

              	
                At
      the election of ESSI, each installment can be converted to shares of the
      Common Stock, $.001 par value per share, of the Borrower (the “ESSI Common
      Stock”), at a 40% discount to the volume weighted average trading price of
      ESSI Common Stock on the OTC BB market for the five (5) trading days prior
      to the date that payment of such installment is actually
      made.  Such conversion right may be exercised at any time prior
      to payment of any installment by delivering written notice of exercise to
      Lender.

              

      

       

       

      
        	
                4.  

              	
                Notwithstanding
      anything to the contrary in this Note, if the Borrower defaults in the
      performance of any obligation under this Note, Lender may declare the
      principal amount owing due under this Note at that time to be immediately
      due and payable.

              

      

       

       

      
        	
                5.  

              	
                This
      Note will be construed in accordance with and governed by the laws of the
      State of Montana.

              

      

       

       

      
        	
                6.  

              	
                All
      costs, expenses and expenditures including, and without limitation, the
      complete legal costs incurred by Lender in enforcing this Note as a result
      of any default by the Borrower, will be added to the principal then
      outstanding and will immediately be paid by the
  Borrower.

              

      

       

       

      
        	
                7.  

              	
                This
      Note will endure to the benefit of and be binding upon the respective
      heirs, executors, administrators, successors and assigns of the Borrower
      and Lender. The Borrower waives presentment for payment, notice of
      non-payment, protest and notice of
protest.

              

      

       

      

      
        	
                 
      8.  

              	
                This
      Note is given as partial payment of the Aggregate Purchase Price under
      that certain Purchase and Sale of Business Agreement dated of even date
      herewith between Borrower and Lender (the “SPA”).  The Borrower
      hereby grants to Lender a security interest in any and all securities of
      General Synfuels International, Inc. transferred by Lender to Borrower in
      accordance with the SPA.

              

      

         

       

      Initialed

      
        	
                 

                 

                 

              

      

      IN WITNESS WHEREOF the parties have duly affixed their
signatures:

      
         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      
         

      

      SIGNED, SEALED AND DELIVERED

      this
15th
day of August, 2008 in the presence of:

      

      
         

        
          	 	 Earth Search
      Sciences, Inc.
	 	
                   

                  /S/
      LUIS F. LUGO

                
	 	 Per: Luis F.
      Lugo CEOesse8k9908ex10_3.htm

    
      

    

    EXHIBIT 10.3

     

    

      PROMISSORY
NOTE

      

      
        	
                Borrower:

              	
                Earth
      Search Sciences, Inc. of #6 - 306 Stoner Loop Rd, Lakeside, MT, 59922, the
      "Borrower".

              
	
                Lender:

              	
                Ronald
      McQueen, of PO Box 681-603, Park City, UT,
84068

              

      

      

      Principal
Amount: [$625,000 - Six Hundred and Twenty-Five Thousand Dollars]

      

       

      
        	
                1.  

              	
                FOR
      VALUE RECEIVED, The Borrower promises to pay to Lender at such addresses
      as may be provided in writing to the Borrower, the principal sum of
      [amount] (the “Principal Amount”).

              

      

       

       

      
        	
                2.  

              	
                This
      Note will be repaid in five (5) consecutive semi-annual installments of
      one fifth of the Principal Amount commencing on the first business day in
      February 2009 and continuing on the first business day of each sixth month
      thereafter until the entire Principal Amount has been
  paid.

              

      

       

       

      
        	
                3.  

              	
                At
      the election of ESSI, each installment can be converted to shares of the
      Common Stock, $.001 par value per share, of the Borrower (the “ESSI Common
      Stock”), at a 40% discount to the volume weighted average trading price of
      ESSI Common Stock on the OTC BB market for the five (5) trading days prior
      to the date that payment of such installment is actually
      made.  Such conversion right may be exercised at any time prior
      to payment of any installment by delivering written notice of exercise to
      Lender.

              

      

       

       

      
        	
                4.  

              	
                Notwithstanding
      anything to the contrary in this Note, if the Borrower defaults in the
      performance of any obligation under this Note, Lender may declare the
      principal amount owing due under this Note at that time to be immediately
      due and payable.

              

      

       

       

      
        	
                5.  

              	
                This
      Note will be construed in accordance with and governed by the laws of the
      State of Montana.

              

      

       

       

      
        	
                6.  

              	
                All
      costs, expenses and expenditures including, and without limitation, the
      complete legal costs incurred by Lender in enforcing this Note as a result
      of any default by the Borrower, will be added to the principal then
      outstanding and will immediately be paid by the
  Borrower.

              

      

       

       

      
        	
                7.  

              	
                This
      Note will endure to the benefit of and be binding upon the respective
      heirs, executors, administrators, successors and assigns of the Borrower
      and Lender. The Borrower waives presentment for payment, notice of
      non-payment, protest and notice of
protest.

              

      

       

      
        	
                 
      8.  

              	
                This
      Note is given as partial payment of the Aggregate Purchase Price under
      that certain Purchase and Sale of Business Agreement dated of even date
      herewith between Borrower and Lender (the “SPA”).  The Borrower
      hereby grants to Lender a security interest in any and all securities of
      General Synfuels International, Inc. transferred by Lender to Borrower in
      accordance with the SPA.

              

      

          

       

      
        
          
            Initialed

            
              	
                       

                       

                       

                    

            

             

          

      

      IN
WITNESS WHEREOF the parties have duly affixed their signatures:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      SIGNED, SEALED AND DELIVERED

      this
15th
day of August, 2008 in the presence of:

      

       

      

       

      
        	 	 Earth Search
      Sciences, Inc.
	 	
                 

                /S/
      LUIS F. LUGO

              
	 	 Per: Luis F.
      Lugo CEOesse8k9908ex10_4.htm

    
      

    

    EXHIBIT 10.4

     

    
      

        PROMISSORY
NOTE

        

        
          	
                  Borrower:

                	
                  Earth
      Search Sciences, Inc. of #6 - 306 Stoner Loop Rd, Lakeside, MT, 59922, the
      "Borrower".

                
	
                  Lender:

                	
                  Larry
      Vance, of PO Box 763, Lakeside, MT,
59922

                

        

        

        Principal
Amount: [$1,250,000 - One Million Two Hundred and Fifty Thousand
Dollars]

        

         

        
          
            
              	
                      1. 

                    	
                      FOR
      VALUE RECEIVED, The Borrower promises to pay to Lender at such addresses
      as may be provided in writing to the Borrower, the principal sum of
      [amount] (the “Principal
Amount”).

                    

            

          

        

         

         

        
          
            
              	
                      2. 

                    	
                      This
      Note will be repaid in five (5) consecutive semi-annual installments of
      one fifth of the Principal Amount commencing on the first business day in
      February 2009 and continuing on the first business day of each sixth month
      thereafter until the entire Principal Amount has been
  paid.

                    

            

          

        

         

         

        
          
            
              	
                      3. 

                    	
                      At
      the election of ESSI, each installment can be converted to shares of the
      Common Stock, $.001 par value per share, of the Borrower (the “ESSI Common
      Stock”), at a 40% discount to the volume weighted average trading price of
      ESSI Common Stock on the OTC BB market for the five (5) trading days prior
      to the date that payment of such installment is actually
      made.  Such conversion right may be exercised at any time prior
      to payment of any installment by delivering written notice of exercise to
      Lender.

                    

            

          

        

         

         

        
          
            	
                    4. 

                  	
                    Notwithstanding
      anything to the contrary in this Note, if the Borrower defaults in the
      performance of any obligation under this Note, Lender may declare the
      principal amount owing due under this Note at that time to be immediately
      due and payable.

                  

          

        

         

         

        
          
            	
                    5. 

                  	
                    This
      Note will be construed in accordance with and governed by the laws of the
      State of Montana.

                  

          

        

         

         

        
          
            	
                    6. 

                  	
                    All
      costs, expenses and expenditures including, and without limitation, the
      complete legal costs incurred by Lender in enforcing this Note as a result
      of any default by the Borrower, will be added to the principal then
      outstanding and will immediately be paid by the
  Borrower.

                  

          

        

         

         

        
          
            	
                    7. 

                  	
                    This
      Note will endure to the benefit of and be binding upon the respective
      heirs, executors, administrators, successors and assigns of the Borrower
      and Lender. The Borrower waives presentment for payment, notice of
      non-payment, protest and notice of
protest.

                  

          

        

         

        
          
            	
                    8. 

                  	
                    This
      Note is given as partial payment of the Aggregate Purchase Price under
      that certain Purchase and Sale of Business Agreement dated of even date
      herewith between Borrower and Lender (the “SPA”).  The Borrower
      hereby grants to Lender a security interest in any and all securities of
      General Synfuels International, Inc. transferred by Lender to Borrower in
      accordance with the
SPA.

                  

          

        

      

      
        
          
             

            Initialed

            
              	
                       

                       

                       

                    

            

             

          

      

      IN
WITNESS WHEREOF the parties have duly affixed their signatures:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      SIGNED, SEALED AND DELIVERED

      this
15th
day of August, 2008 in the presence of:

      

      
         

        
          	 	 Earth Search
      Sciences, Inc.
	 	
                   

                  /S/
      LUIS F. LUGO

                
	 	 Per: Luis F.
      Lugo CEO

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