Exhibit 10.11
PROMISSORY NOTE
(“Note”)
November 9, 2009
FOR VALUE RECEIVED, Millstream Ventures, Inc., a Nevada corporation (hereinafter referred to as "Borrower")
promises to pay to Lorikeet, Inc., a Utah corporation with a mailing address of 374 East 400 South #3, Springville, UT
84663 (hereinafter referred to as "Lender"), according to the terms set forth herein, in lawful money of the United
States of America.
1. Payments . The Note shall be payable at Springville, Utah, c/o Steven L. White, in accordance with the following
terms:
Two thousand four hundred dollars ($2,400.00).
Eight percent (8%) interest calculated on a per annum basis.
The Note shall be paid in full including interest no later than November 9, 2012.
2. Events of Default. Borrower shall be in default of its obligations under this Note upon the happening of any of the
following events:
A. Borrower makes an assignment for the benefit of creditors, or a petition in bankruptcy or for reorganization
or to effect a plan or arrangement with creditors, is filed by Borrower; or
B. Borrower applies for or voluntarily permits the appointment of a receiver or trustee for any or all of its
property or assets; or
C. Any of the actions or proceedings described in subparagraphs A and B above are commenced against
Borrower and such action or proceeding is not vacated within sixty (60) days of its commencement; or
D. Borrower dissolves or liquidates; or
E. Borrower breaches any of the provisions of this Note; or
F. Any representations of Borrower in this Note are not true and correct when made; or
G. Breach of any covenant, warranty, liability or other obligation contained or referred to herein, or pertaining to
the indebtedness evidenced hereby, whether now existing or hereafter arising.
3. Acceleration. Upon the occurrence of any event of default as set forth herein, which default remains uncured for five
(5) days after notice of default is provided by Lender, the entire amount due hereunder