Sample Promissory Notes For

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SAMPLE PROMISSORY NOTE [Company letterhead with address] [Date] Non-interest Bearing Demand Promissory Note $ [name of successful bidder] promises to pay to the Receiver General for dollars Canada, on demand, the sum of ) if this note is presented at the Branch of ($ [name of bank] [address] , Halifax, Nova Scotia. This demand promissory note is issued in accordance with section 2.6(c) of Call for Bids ), made by the Canada-Nova Scotia Offshore Petroleum Board No. NS08-1 (Parcel # on April 11, 2008. [name of successful bidder] [signature(s) of signing officer(s)] [name(s) and title(s) of signing officer(s)] Approved for issue: [name of bank] [signature of signing officer] [name and title of signing officer] [bank branch and address]

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