All principal under this Note shall be due and payable at on May 24, 2013, unless the Lender does not meet the “current information requirements” required under Rule 144 of the Securities Act of 1933, as amended, at which time this Note will come due on September 24, 2013.
This Note shall be secured by a $75,000 interest in debt obligations of Savwatt usa, Inc. issued to the Company. The Company may exchange this collateral for collateral with a value of at least $75,000.00.