U.S. PROFESIONALES DE EL SALVADOR, S.A. DE C.V. (“USPES”)
613 CALLE CONCEPCION SAN SALVADOR EL SALVADOR
PROMISSORY NOTE
ISSUED AS PER UNCITRAL
COLLATERALIZED BY DEPOSITS HELD BY USPES IN FIDES GESTION FINANCIERA, S.A.P.I. DE C.V. (“FIDES”) AND EXCHANGEABLE FOR INTERNATIONAL BILLS OF EXCHANGE (“IBOE”) ISSUED BY FIDES AS PER UNCITRAL.
PHYSICAL CASH: AS PER ENGLISH COMMON LAW RULING: “We have repeatedly said in this court that a Bill of Exchange or Promissory Note is to be treated as cash. It is to be honoured unless there is some good reason to the contrary”.
PROMISSORY NOTE: [IDENTIFICATION]
DATE OF ISSUE: [DATE]
DATE OF MATURITY: SAME AS DATE OF ISSUE
EXPIRATION DATE: DOES NOT EXPIRE
AMOUNT IN UNITED STATES DOLLARS: [$NNN AND IN WORDS]
PAYEE: [NAME OF PAYEE]
PURPOSE:
SUBJECT TO APPROVAL BY USPES, THIS NOTE CAN BE CLEARED BY PAYEE ONLY THROUGH UNDERTAKING COMMERCIAL TRADING WITH USPES JVA PARTNERS.
[ATTORNEY]
[ATTORNEY ID, ETC.]