EX-10.2
from 8-K
3 pages
For Value Received, the Undersigned, Cachet Financial Solutions Inc., a Minnesota Corporation (“Borrower”) With an Address of Southwest Tech Center A, 18671 Lake Drive East, Minneapolis, Mn 55317, Promises to Pay to the Order of the Margaret De Jonge Trust (“Lender”), at 3600 W. Fuller Street, Edina Mn 55410, or at Any Other Place Designated at Any Time by the Holder Hereof, the Principal Sum of Six Hundred Thousand, Eight Hundred and Eight and No/100 Dollars ($613,808); Together With Interest on the Principal Balance Outstanding Hereon From the Date Hereof Until Paid in Full at a Fixed Rate Equal to 12% Per Annum. Borrower Will Pay This Loan in One Payment of All Outstanding Principal Plus All Accrued, Unpaid Interest on December 7, 2014 (The “Maturity Date”), Subject to Any Prior Prepayment. Borrower May Prepay the Outstanding Balance of This Note in Whole or in Part Without Premium or Penalty
12/34/56
