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The Maker agrees to pay on demand all costs of
collection, including reasonable attorneys’ fees,
incurred by the Holder in enforcing the obligations of
the Maker under this Note.
No delay or omission on the part of the Holder in
exercising any right under this Note shall operate as a
waiver of such right or of any other right of such
Holder, nor shall any delay, omission or waiver on any
one occasion be deemed a bar to or waiver of the same
or any other right on any future occasion.
None of the terms or provisions of this Note may be
excluded, modified or amended except by a written
instrument duly executed on behalf of the Holder
expressly referring to this Note and setting forth the
provision so excluded, modified or amended.
All rights and obligations hereunder shall be governed
by the laws of the Sate of California.
Search2000, Inc.
By: [signed] Dale Sundby
Name: Dale Sundby
Title: Chairman and CEO
Neither petitioners nor Navis reported on any Federal income
tax return the sale of a business plan or intellectual property
rights. Neither petitioners nor Navis reported on any Federal
income tax return the sale of PowerAgent or WorkWorld. Moreover,
Navis did not file a Federal income tax return for 1995.
Additionally, there is no evidence suggesting that WorkWorld had
any value. Moreover, there is no evidence to suggest that the
promissory note was ever sold, transferred, or otherwise conveyed
to petitioners by Navis.
Neither petitioners nor Navis reported on any Federal income
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Last modified: May 25, 2011