Promissory Note Fixed Term No-Interest

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Promissory Note $U.S. Due: FOR VALUE RECEIVED, the undersigned, ________________________ (the "Borrower"), hereby acknowledges itself indebted to ___________________(the "Lender") and promises to pay to or to the order of the Lender at _____________ or as otherwise directed in writing by the Lender, the principal sum of ___________________ without interest. The entire principal sum shall be paid on . The Lender may assign all of its right, title and interest in, to and under this promissory note. All payments required to be made hereunder shall be made by the Borrower without any right of setoff or counterclaim. DATED: ___________________ Witness _______________________________

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