STRATEGIC SOLUTIONS GROUP INC
10QSB, EX-10.2, 2000-08-03
COMPUTER PROGRAMMING SERVICES
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Exhibit 10.2


                          PROMISSORY NOTE WITH RECOURSE
                          -----------------------------

$100,000.00                                                  Date: March 1, 2000

         FOR VALUE RECEIVED AND INTENDING TO BE LEGALLY BOUND HEREBY,  STRATEGIC
SOLUTIONS GROUP, INC. (hereinafter  referred to as "Maker"),  hereby promises to
pay to the order of SUPERMEX TRADING COMPANY,  LTD.  (hereinafter referred to as
"Payee"),  the  principal  sum of ONE  HUNDRED  THOUSAND  ($100,000.00)  DOLLARS
payable in accordance with the following until paid in full.

1.       The Loan
         --------

         (1.1)    Principal.        The principal amount due hereunder shall be
                  ---------
the face amount hereof.

         (1.2)    Interest.         Provided Maker is not in default of its
                  --------
obligations hereunder, the principal shall bear no annual interest.

         (1.3) Payment of Principal.  A fixed payment of principal in the amount
               --------------------
of Ten Thousand ($10,000.00) Dollars shall be payable to the Payee at such place
to be designated  commencing on March 30, 2000,  and thereafter on the thirtieth
(30th) day of each month until paid in full. The unpaid principal may be prepaid
in whole or in part at any time at the option of Maker, without penalty.

2.       Security.  Pursuant to the terms of that certain Security Agreement,
         --------
dated October 22, 1997, as amended by that certain Settlement Agreement with
Releases dated as of March 1, 2000, for which Maker and Payee are parties,
Maker's obligations hereunder are secured by 641,045 shares of stock of Digital
Chainsaw, Inc. now owned and issued in the name of Maker, which shares of stock
will be held by Ernest D. Palmarella, Esquire as escrow agent to insure Maker's
performance of its obligations hereunder. The shares of stock shall contain a
notation evidencing Payee's security interest.

3.       Events of Default.  The occurrence of any one or more of the following
         -----------------
shall constitute an "Event of Default" hereunder.

         (3.1) The failure to pay any amount payable or any liability arising
under this Note after a period of thirty (30) business days when due, without
the requirement of notice from Payee (hereinafter referred to as the
"Liabilities").
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         (3.2) The appointment of a receiver, liquidator, assignee, custodian,
trustee or similar official for any substantial part of Maker's property; the
ordering of the winding-up or liquidation of Maker's affairs.

         (3.3) The commencement by Maker of a voluntary case under the federal
bankruptcy laws or any other applicable federal or state bankruptcy, insolvency
or other similar law; the consent by Maker to the appointment of or taking
possession by a receiver, liquidator, assignee, trustee, custodian, or other
similar official for any substantial part of Maker's property; the creation by
Maker of any assignment for the benefit of creditors, or the failure of Maker
generally to pay its debts as they become due.

4.       Payee's Right Upon Default.   Upon the occurrence of an Event of
         --------------------------
Default:

         (4.1) The entire unpaid principal balance of the Note, together with
all other Liabilities due or owed by the Maker under this Note shall without
additional notice to or demand on the Maker, become due and payable immediately
with interest at the rate of 7.5% per annum  from March 1, 2000 to the date of
payment.

         (4.2) The Payee may exercise any rights and remedies available to Payee
under applicable law.

5.        Cumulative Remedies.  The remedies of the Payee provided in this Note
          --------------------
or otherwise available to the Payee at law or in equity shall be cumulative and
concurrent, and may be pursued singly, successively, and together at the sole
discretion of the Payee, and may be exercised as often as occasion therefor
shall occur. The failure to exercise any right or remedy shall in no event be
construed as a waiver or release of the right or remedy.

6.        Waiver of Presentment.  Maker waives presentment for payment, demand,
          ---------------------
notice of nonpayment, notice of protest, and protest of this Note, and all other
notices in connection with the delivery, acceptance, performance, default or
enforcement of the payment of this Note, except such notices as are specifically
provided for herein and agrees that its liability shall be unconditional without
regard to the liability of any other party and shall not be in any manner
affected by an indulgence, extension of time, renewal, waiver or modification
granted or consented to by Payee.

         Payee shall not by an act of omission or  commission be deemed to waive
any of its rights or  remedies  hereunder  unless  such waiver be in writing and
signed by Payee, and then only to the extent  specifically set forth therein;  a
waiver on one event shall not be  construed  as a bar to or waiver of such right
or remedy on a subsequent event.
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7.        Assignment. This Note and the obligation and the benefits set forth
          ----------
herein shall not be assignable by either party without the written consent of
the other party except by merger or consolidation of either party or other
transactions which will have the effect of an assignment by operation of law. In
all events, Maker acknowledges that this Note is with recourse.

8.       Miscellaneous.
         -------------

         (8.1) This Note shall be governed by and interpreted in accordance with
the laws of the State of Delaware for  contracts to be wholly  performed in such
state and without giving effect to the principles thereof regarding the conflict
of laws. Each of the parties  consents to the jurisdiction of the federal courts
whose districts encompass any part of the City of Wilmington or the state courts
of the State of Delaware  sitting in the City of Wilmington  in connection  with
any dispute  arising under this Note and hereby  waives,  to the maximum  extent
permitted by law, any  objection,  including  any  objection  based on forum non
coveniens, to the bringing of any such proceeding in such jurisdictions.

         (8.2) If any  provision of this Note shall be invalid or  unenforceable
in any jurisdiction,  such invalidity or  unenforceability  shall not affect the
validity or  enforceability  of the  remainder  of this Note or the  validity or
enforceability of this Note in any other jurisdiction.

         (8.3) Subject to the requirements of Section 7 hereof,  this Note shall
inure to the benefit of and be binding upon the  successors  and assigns of each
of the parties hereto.

         (8.4) All pronouns and any  variations  thereof refer to the masculine,
feminine or neuter, singular or plural, as the context may require.

         (8.5) The headings in this Note are for  convenience  of reference only
and shall not limit or otherwise affect the meaning thereof.

IN WITNESS WHEREOF,  the Maker has duly executed this Note effective the 1st day
of March, 2000.

ATTEST:                           STRATEGIC SOLUTIONS GROUP, INC.


By:   /s/ Ernest Wagner           By:   /s/ John J. Cadigan
   ------------------------             -------------------
Ernest Wagner, President                John J. Cadigan, Chief Executive Officer


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