Document:

ex4_b3.htm

Exhibit 4(b)(3)

FORM OF SUPPLEMENTAL INDENTURE

(Senior Debt Securities)

PUBLIC SERVICE COMPANY

OF COLORADO

TO

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,

as Trustee

SUPPLEMENTAL INDENTURE

Dated as of                     , 20

Supplementing the Indenture

dated as of July 1, 1999

Establishing the Securities of Series

designated          % Senior Notes due               20

  

  

  

THIS           SUPPLEMENTAL INDENTURE, dated as of                   , 20    , is between PUBLIC SERVICE COMPANY OF COLORADO, a Colorado corporation (hereinafter called the “Issuer” or the “Company”), having its principal office at 1800 Larimer Street, Denver, Colorado 80202, and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee (hereinafter called the “Trustee”), having its principal corporate trust office at 700 South Flower Street, Suite 500, Los Angeles, California 90017.

Recitals of the Issuer

The Issuer has heretofore executed and delivered an Indenture, dated as of July 1, 1999 (the “Original Indenture”, the Original Indenture, previously supplemented and as further supplemented by this supplemental indenture being hereinafter referred to as the “Indenture”), relating to the issuance at any time or from time to time of its Securities on terms to be specified at the time of issuance. Terms used and not otherwise defined herein shall (unless the context otherwise clearly requires) have the respective meanings given to them in the Original Indenture.

The Original Indenture provides in Article Three thereof that, prior to the issuance of Securities of any series, the form of such Securities and the terms applicable to such series shall be established in, or pursuant to, the authority granted in a resolution of the Board of Directors or established in one or more indentures supplemental thereto.

The Issuer desires by this supplemental indenture, among other things, to establish the form of the Securities of a series, to be titled        % Series        Senior Notes due             20    of the Issuer, and to establish the terms applicable to such series, pursuant to Sections 201, 301 and 901 of the Original Indenture.  The Issuer has duly authorized the execution and delivery of this supplemental indenture.

Article Nine of the Original Indenture provides that the Issuer, when authorized by a resolution of its Board of Directors, and the Trustee may from time to time and at any time amend the Indenture without the consent of Securityholders for certain purposes enumerated in Section 901 thereof, including the purposes set forth in subsection (7) of said Section 901.

The execution and delivery of this supplemental indenture by the parties hereto are in all respects authorized by the provisions of the Indenture.

All things necessary have been done to make this supplemental indenture a valid agreement of the Issuer, in accordance with its terms.

NOW, THEREFORE, THIS              SUPPLEMENTAL INDENTURE WITNESSETH:

For and in consideration of the premises, it is mutually covenanted and agreed, as follows:

ARTICLE I

Establishment of           % Series        Senior Notes due               20

Section 1.01.          The title of the series of the Securities established by this supplemental indenture shall be        % Series         Senior Notes due              20     of the Issuer (hereinafter called the “Series         Notes”).

Section 1.02.          The Series          Notes shall be limited to $                        in aggregate principal amount except as provided for in Section 1.19 of this Supplemental Indenture.

Section 1.03.          The Series        Notes may be issued in whole or in part as one or more Global Securities and The Depository Trust Company, or a nominee thereof, shall be the Depository for such Global Security or Global Securities.  The Depository for such Global Security or Global Securities representing Series         Notes may surrender one or more Global Securities representing Series       Notes in exchange in whole or in part for individual Series          Notes on such terms as are acceptable to the Issuer and such Depository and otherwise subject to the terms of the Indenture.

Section 1.04.          The principal of the Series         Notes shall be payable on                     , 20     .

Section 1.05.          The Series        Notes shall bear interest at the rate of        % per annum and shall accrue from                 , 20    . The Interest Payment Dates shall be                    and                in each year, commencing                  , 20     . The Regular Record Dates in respect of such Interest Payment Dates shall be                          and                              in each year, respectively.

  

  

  

Section 1.06.          The Corporate Trust Office of The Bank of New York Mellon Trust Company, N.A. shall be the place at which the principal of the Series         Notes shall be payable.  Any interest thereon shall be paid as specified in Section 307 of the Original Indenture.

Section 1.07.          [Interest Payment Deferral Provisions, if any.]

Section 1.08.          [Optional Redemption Provisions, if any.]

Section 1.09.          [Mandatory Redemption Provisions, if any.]

Section 1.10.          The Series        Notes shall be issued in denominations of $             and multiples of $            in excess thereof.

Section 1.11.          [Original Issue Discount Provisions, if any.]

Section 1.12.          [Additional Defaults, if any.]

Section 1.13.          Sections 1301 and 1302 of the Indenture shall be applicable to the Series          Notes.

Section 1.14.          [Currency, if other than U.S. Dollars.]

Section 1.15.          [Additional Covenants, if any.]

Section 1.16.          The Issuer hereby appoints, or confirms the appointment of, The Bank of New York Mellon Trust Company, N.A. as the initial Trustee, Securities Registrar and Paying Agent, subject to the provisions of the Indenture with respect to resignation, removal and succession, and subject, further, to the right of the Issuer to appoint additional agents (including Paying Agents).

Section 1.17.          [Exceptions to Business Day Definition, if any.]

Section 1.18.          [Any Additional Terms.]

Section 1.19.          The Series          Notes may be reopened and additional Securities of Series          Notes may be issued in excess of the amount initially authenticated and delivered, provided that such additional Securities of Series        Notes will contain the same terms (including the stated maturity and interest rate) as the other Series          Notes.  Any such additional Securities of Series          Notes, together with the other Series         Notes, shall constitute a single series for purposes of the Indenture.

Section 1.20.          The Series         Notes shall be substantially in the form set forth in Exhibit A hereto, and shall have such further terms as are reflected in such form, subject to changes in the form thereof made by the Issuer and acceptable to the Trustee.

ARTICLE II

Miscellaneous

Section 2.01.          The recitals contained herein shall be taken as the statements of the Issuer, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representation as to the validity of this supplemental indenture. The Indenture, as supplemented by this supplemental indenture, is in all respects hereby adopted, ratified and confirmed.

Section 2.02.          This supplemental indenture may be executed in any number of counterparts, and on separate counterparts, each of which shall be an original; but such counterparts shall together constitute but one and the same instrument.

Section 2.03.          If any provision of this supplemental indenture limits, qualifies or conflicts with the duties imposed by any of Sections 310 to 317, inclusive, of the Trust Indenture Act of 1939, as amended by the Trust Indenture Reform Act of 1990, through operation of Section 318(c), such imposed duties shall control.

Section 2.04.          The Article headings herein are for convenience only and shall not affect the interpretation hereof.

  

3

  

IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be duly executed as of the           day of                     , 20     .

	  	
PUBLIC SERVICE COMPANY OF COLORADO

	  	  
	  	  
	  	
By:

	  
	  	  	Name:	  
	  	  	Title:	  
	  	  
	  	  
	  	
THE BANK OF NEW YORK MELLON TRUST

	  	
COMPANY, N.A.

	  	  
	  	  
	  	By:	
 

	  	 	Authorized Signatory

  

4

  

EXHIBIT A

Form of          % Series          Senior Note due                   20

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS SECURITY IS A GLOBAL SECURITY REGISTERED IN THE NAME OF DTC, AS DEPOSITARY, OR A NOMINEE THEREOF AND UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR THE INDIVIDUAL SECURITIES REPRESENTED HEREBY, THIS GLOBAL SECURITY MAY NOT BE TRANSFERRED OR EXCHANGED, NOR MAY ANY PURPORTED TRANSFER BE REGISTERED, EXCEPT THIS SECURITY MAY BE TRANSFERRED IN WHOLE, AND APPROPRIATE REGISTRATION OF TRANSFER EFFECTED, IF SUCH TRANSFER IS BY CEDE & CO., AS NOMINEE FOR DTC (THE “DEPOSITARY”), TO THE DEPOSITARY, OR BY THE DEPOSITARY TO ANOTHER NOMINEE THEREOF, OR BY ANY NOMINEE OF THE DEPOSITARY TO ANY OTHER NOMINEE THEREOF.

PUBLIC SERVICE COMPANY OF COLORADO          % Series         Senior Note due              20

	
Interest Rate:

	  
	  	  
	
Interest Payment Dates:

	  
	  	  
	
Regular Record Dates:

	  
	  	  
	
Original Interest Accrual Date:

	  
	  	  
	
Stated Maturity:

	  
	  	  
	
Registered No.

	
Principal Amount

	  	  
	
CUSIP

	
$

PUBLIC SERVICE COMPANY OF COLORADO, a corporation duly organized and existing under the laws of the State of Colorado (herein called the “Company”, which term includes any successor corporation under the Indenture referred to below) promises to pay to                           or registered assigns the principal sum of                                                            Dollars on                         , 20      the Stated Maturity specified above.

	
1.

	
Interest.

The Company promises to pay interest on the principal amount hereof at the Interest Rate per annum shown above from the Original Interest Accrual Date specified above, or from the most recent Interest Payment Date to which interest has been paid, semiannually in arrears, on the Interest Payment Dates specified above, in each year, commencing with the Interest Payment Date next succeeding the Original Interest Accrual Date specified above, until the principal hereof is paid or duly provided for. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

	
2.

	
Method of Payment.

The Company will pay interest so payable to the person who is the registered holder hereof at the close of business on the Regular Record Date for the next Interest Payment Date, except as otherwise provided in the Indenture and except that interest payable at Maturity will be paid to the person to whom principal is paid at Maturity. Payment of principal shall be made upon presentation hereof at the office of this Paying Agent. The Company will pay principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. The Company may pay principal and interest by check payable in such money. It may mail an interest check to the holder’s registered address.

  

  

  

	
3.

	
Agents.

Initially, The Bank of New York Mellon Trust Company, N.A., 700 South Flower Street, Suite 500, Los Angeles, California 90017, Attention: Corporate Trust Administration, will act as Paying Agent, and Securities Registrar. The Company may change the Paying Agent to provide for more than one such agent. The Company may appoint one or more Security Registers. The Company or any Affiliate may act in any such capacity. The Trustee may appoint one or more Authenticating Agents to authenticate the Securities.

	
4.

	
Indenture.

The securities of this series (the “Securities”) have been issued under an Indenture dated as July 1, 1999 (the “Indenture”) between the Company and The Bank of New York Mellon Trust Company, N.A. (the “Trustee,” which term includes any successor trustee under the Indenture). The terms of the Securities include those stated in the Indenture and in the Supplemental Indenture creating the Securities and those made part of the Indenture by the Trust Indenture Act of 1939 (15 U.S. Code Sections 77aaa-77bbbb). Securityholders are referred to the Indenture, the Supplemental Indenture and the Act for a statement of such terms.

	
5.

	
Redemption.

[This Security is not redeemable prior to maturity.]

[This Security is subject to redemption upon not less than 30 days’ notice by first class mail, in whole or in part from time to time prior to the Stated Maturity on and after                      , 20 at the option of the Company at a redemption price equal to                           .  In the event of redemption of this Security in part only, a new Security or Securities of this series for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.]

	
6.

	
[Notice of Redemption.

Notice of redemption will be mailed at least 30 days before the redemption date to the holder hereof at his address appearing on the Security Register.

A notice of redemption shall provide that it is subject to the occurrence of any event before the date fixed for such redemption as described in such notice (“Conditional Redemption”) and such notice of Conditional Redemption shall be of no effect unless all such conditions to the redemption have occurred before such date or have been waived by the Company.]

	
7.

	
Denominations, Transfer, Exchange.

The Securities of this series are in registered form without coupons in denominations of $              and multiples of $                 in excess thereof. The transfer of this Security may be registered and this Security may be exchanged as provided in the Indenture. The Securities Registrar may require a holder, among other things, to furnish appropriate endorsements and transfer documents and to pay any taxes and fees required by law or the Indenture. The Securities Registrar need not exchange or register the transfer of any Security of this series or portion thereof selected for redemption. Also, it need not exchange or register the transfer of any Security for a period of 15 days before a selection of Securities of this series to be redeemed.

	
8.

	
Persons Deemed Owners.

The registered holder of a Security may be treated as its owner for all purposes.

	
9.

	
Amendments and Waivers.

Subject to certain exceptions, the Indenture may be amended with the consent of the holders of a majority in outstanding principal amount of the Securities. Subject to certain exceptions, a default under the Indenture may be waived with the consent of the holders of a majority in outstanding principal amount of the Securities.

Without the consent of any Securityholder, the Indenture may be amended, among other things, to cure any ambiguity, omission, defect or inconsistency; to provide for assumption of Company obligations to Securityholders; or to make any change that does not materially adversely affect the rights of any Securityholder.

  

  

  

	
10.

	
Restrictive Covenants.

The Securities of this series are unsecured general obligations of the Company and shall initially be authenticated and delivered in the aggregate principal amount of $                     .  The Securities of this series may be reopened and additional Securities of this series may be issued in accordance with the terms of the Indenture.  The Indenture does not limit other unsecured debt.

	
11.

	
Successors.

When a successor assumes all the obligations of the Company under the Securities and the Indenture, the Company will be released from those obligations.

	
12.

	
Defeasance Prior to Redemption or Maturity.

Subject to certain conditions, the Company at any time may terminate some or all of its obligations hereunder and the Indenture if the Company deposits with the Trustee money or U.S. Government Obligations for the payment of principal and interest hereon to redemption or maturity. U.S. Government Obligations are securities backed by the full faith and credit of the United States of America or certificates representing an ownership interest in such Obligations.

	
13.

	
Defaults and Remedies.

If an Event of Default occurs and is continuing, the Trustee or the holders of at least 25% in principal amount of the outstanding Securities may declare the principal of all such Securities to be due and payable immediately.  Securityholders may not enforce the Indenture or the Securities except as provided in the Indenture. The Trustee may require indemnity satisfactory to it before it enforces the Indenture or the Securities. Subject to certain limitations, holders of a majority in principal amount of the Securities may direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Securityholders notice of any continuing default (except a default in payment of principal or interest or any sinking fund installment) if it determines that withholding notice is in their interests. The Company must furnish annual compliance certificates to the Trustee.

	
14.

	
Trustee Dealings with Company.

The Bank of New York Mellon Trust Company, N.A., the Trustee under the Indenture, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not Trustee.

	
15.

	
No Recourse Against Others.

A director, officer, employee or stockholder, as such, of the Company shall not have any liability for any obligations of the Company under the Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. Each Securityholder by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issue of the Securities.

	
16.

	
Authentication.

This Security shall not be valid for any purpose and shall not be entitled to any benefit under the Indenture until authenticated by a manual signature of the Trustee or any Authenticating Agent.

	
17.

	
Abbreviations.

Customary abbreviations may be used in the name of a Securityholder or an assignee, such as: TEN COM (tenants in common), TEN ENT (tenants by the entireties) , JT TEN (joint tenants with right of survivorship and not as tenants in common), CUST (custodian), and U/G/M/A (Uniform Gifts to Minors Act).

The Company will furnish to any Securityholder upon written request and without charge a copy of the Indenture, including the Supplemental Indenture which contains the text of this Security in larger type. Requests may be made to: Public Service Company of Colorado, 1800 Larimer Street, Suite 1100, Denver, Colorado, 80202 Attention: Corporate Secretary.

  

  

  

	  	
PUBLIC SERVICE COMPANY OF COLORADO

	  	  
	  	 	  
	  	
By:

	  
	  	  	Name:	
 

	  	  	
Title:

	  
	 	 	  	 	 	  
	[corporate seal]	 	 	  
	 	 	  	 	 	  
	Attest:	 	
 

	 	 	  
	  	Name:	
 

	  
	  	
Title:

	  	  

This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.

	  	
THE BANK OF NEW YORK MELLON TRUST

	  	
COMPANY, N.A., as Trustee

	  	  
	  	
By:

	  
	  	  	
Authorized Signatory

	  	  	  
	  	  	  
	
Dated:

	  	  	  

  

  

  

	
ASSIGNMENT FORM

	  
	
To assign this Security, fill in the form below:

	  
	
I or we assign and transfer this Security to:

	
______________________________________

	
______________________________________

	  
	
(Insert assignee’s social security or tax I.D. no.)

	
______________________________________

	
______________________________________

	
______________________________________

	  
	
(Print or type assignee’s name, address and zip code)

and irrevocably appoint ____________________ agent to transfer this Security on the books of the Company. The agent may substitute another to act for him.

	
Date:

	  	
Your Signature:

	  	  	  
	  	  	  
	  	  	  

(Sign exactly as your name appears on the other side of this Security)Unassociated Document

    Exhibit
4.1

    AMENDED
AND RESTATED

    PROMISSORY
NOTE

    

    Date:
September 30, 2010

     $[original
principal amount]

     Ada,
Michigan

    

                        FOR
VALUE RECEIVED, the undersigned, INTERLEUKIN GENETICS, INC., a Delaware
corporation, of 135 Beaver Street, 2nd Floor, Waltham, Massachusetts 02452 (the
“Company”), promises to
pay to PYXIS INNOVATIONS INC., a Delaware corporation, of 7575 Fulton Street
East, Ada, Michigan 49355-0001 (“Payee”), the principal amount
of [original principal amount] Dollars ($[original principal amount]) and
interest on the unpaid principal balance at the per annum rate equal to the
Index Rate until maturity (adjusted on the first day of each calendar quarter to
the Index Rate in effect on the date of adjustment) and the Index Rate plus two
percent (2%) (adjusted on the first day of each calendar quarter to the Index
Rate in effect on the date of adjustment) per annum after maturity. As used in
this Amended and Restated Note, “Index Rate” means the “Prime
Rate” listed in the Money Rates section of the Wall Street
Journal.  The principal of this Amended and Restated Note shall be
paid in full on June 30, 2012.  Accrued interest shall be paid on the
first day of each calendar quarter until the principal balance shall be paid in
full.

    

                       Prepayments. The Company may
not prepay the principal of this Amended and Restated Note without the prior
written consent of the Payee, which may be given or withheld in the Payee’s sole
discretion.

    

                        Default and Acceleration. Each
of the following shall be an “event of default” under this Amended and Restated
Note: (1) if default occurs in the payment of principal or interest under this
Amended and Restated Note or in the payment of any other indebtedness or
obligation that the Company now or in the future owes to Payee, as and when it
shall be or become due and payable; (2) if default occurs in the performance of
any other obligation to Payee under this Amended and Restated Note, the Purchase
Agreement (as defined below), the Stock Purchase Agreement dated March 5, 2003,
as amended, the Stock Purchase Agreement dated August 17, 2006, as amended, or
any other agreement that has been or in the future is entered into between the
Company and Payee, in each case as may be amended from time to time, or if there
occurs any other event of default under the Purchase Agreement or any such other
agreement; (3) if any warranty or representation that the Company has made to
Payee in any agreement, or if any financial statement or other document given to
Payee in connection with the transactions contemplated by the Purchase
Agreement, shall have been false in any material respect; (4) if the Company
dissolves, becomes insolvent, or makes an assignment for the benefit of
creditors; (5) if the Company defaults in the payment of any other material
indebtedness or performance of material obligations owed to any other party or
entity; or (6) a Change of Control of the Company. Upon the occurrence of any
event of default, all or any part of the indebtedness evidenced by this Amended
and Restated Note and all or any part of all other indebtedness and obligations
that the Company then owes to Payee shall, at the option of Payee, become
immediately due and payable without notice or demand. If a voluntary or
involuntary case in bankruptcy, receivership or insolvency shall at any time be
begun by or against the Company or if any levy, writ of attachment, garnishment,
execution or similar process shall be issued against or placed upon any property
of the Company, then all such indebtedness shall automatically become
immediately due and payable. All or any part of the indebtedness evidenced by
this Amended and Restated Note also may become, or may be declared to be,
immediately due and payable under the terms and conditions contained in the
Purchase Agreement or other agreement that has been or in the future is entered
into between the Company and Payee upon the terms and to the extent provided
therein.

    

                        “Change of Control” shall mean
(a) a dissolution or liquidation of the Company, (b) a merger or consolidation
in which the Company is not the surviving corporation, (c) a merger or share
exchange in which the Company is the surviving corporation but after which the
stockholders of the Company immediately prior to such merger cease to own at
least 51% of the outstanding shares of the Company, (d) the sale, license, or
other transfer of substantially all of the assets of the Company, or (e) the
acquisition, sale, or transfer (other than a transaction involving primarily
shares held by Payee or its affiliates) of more than 50% of the outstanding
shares of the Company, whether by tender offer, similar transaction, or newly
issued stock (other than to Payee or its affiliates).

    

                        Purchase
Agreement. This Amended
and Restated Note is given under a certain Amended and Restated Note Purchase
Agreement, dated March 10, 2009 and amended on August 10, 2009, February 1, 2010
and September 30, 2010, between Payee and the Company (as may be further
amended, modified or restated, the “Purchase Agreement”), and
Payee shall have all of the rights and powers set forth in the Purchase
Agreement as though they were set forth fully in this Amended and Restated
Note.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

                        Conversion. Payee has the
right, at its option, at any time before the payment in full of this Amended and
Restated Note, to convert a portion or all of the balance of this Amended and
Restated Note into fully paid and nonassessable common stock of the Company. The
number of shares of common stock into which the balance of this Amended and
Restated Note may be converted (“Conversion Shares”) shall be
determined by dividing the aggregate principal amount to be converted, together
with all accrued interest to the date of conversion, by $5.6783 (the “Conversion Price”). The
Conversion Price is subject to adjustment as follows: if the Company (1) pays a
dividend or makes a distribution on its Common Stock in shares of its Common
Stock; (2) subdivides its outstanding shares of Common Stock into a greater
number of shares; (3) combines its outstanding shares of Common Stock into a
smaller number of shares; (4) makes a distribution on its Common Stock in shares
of its capital stock other than its Common Stock; or (5) issues by
reclassification of its Common Stock any shares of its capital stock; then the
Conversion Price in effect immediately prior to such action shall be
proportionately adjusted so that the Payee may receive the aggregate number and
kind of shares of capital stock of the Company that the Payee would have owned
immediately following such action if this Amended and Restated Note had been
converted immediately prior to such action. Each adjustment to the Conversion
Price shall be effective immediately after the record date in the case of a
dividend or distribution and immediately after the effective date in the case of
a subdivision, combination, or reclassification.

    

                        Before
Payee shall be entitled to convert some or all of the balance of this Amended
and Restated Note into shares as provided above, it shall give written notice to
the Company of the election to convert, and shall state the amount of the
balance to be converted. The Company shall, as soon as practicable thereafter,
issue and deliver to Payee a certificate for the number of shares of common
stock to which Payee shall be entitled. Such conversion shall be deemed to have
been made immediately prior to the close of business on the date of the
Company’s receipt of the notice from Payee, and Payee shall be treated for all
purposes as the record holder of such shares of stock as of such
date.

    

                        No
fractional shares of stock shall be issued upon conversion of this Amended and
Restated Note. In lieu of the Company issuing any fractional shares to Payee
upon conversion, the number of shares issued shall be rounded to the nearest
whole number. If the entire balance of this Amended and Restated Note is to be
converted, then Payee shall surrender this Amended and Restated Note, duly
endorsed, at the office of the Company. If only a portion of the balance of this
Amended and Restated Note is converted, then the balance of this Amended and
Restated Note shall be reduced by the amount converted, with the remaining
balance continuing as outstanding under this Amended and Restated Note. Upon
conversion, the Company shall, at its expense, issue and deliver to Payee a
certificate for the number of shares of such stock to which Payee shall be
entitled upon such conversion (bearing such legends as are required by the Stock
Purchase Agreement dated August 17, 2006, as amended), together with any other
securities and property to which Payee is entitled upon such conversion under
the terms of this Amended and Restated Note.

    

                        In
the event of: (a) any taking by the Company of a record of holders of any class
of securities of the Company for the purpose of determining holders thereof who
are entitled to receive any dividend or other distribution, or any right to
subscribe for, purchase, or otherwise acquire any shares of stock of any class
or any other securities or property, or to receive any other right; or (b) any
capital reorganization, any reclassification, or recapitalization of the capital
stock of the Company or any transfer of all or substantially all of the assets
of the Company to any other person or any consolidation or merger or similar
change of control transaction involving the Company; or (c) any voluntary or
involuntary dissolution, liquidation, or winding up of the Company; then the
Company will mail to Payee at least ten days prior to the earliest date
specified therein, a notice specifying: (i) the date on which any such record is
to be taken for the purpose of such dividend, distribution, or right, and the
amount and character of such dividend, distribution, or right; and (ii) the date
on which any such reorganization, reclassification, transfer, consolidation,
merger, dissolution, liquidation, or winding up is expected to become effective
and the record date for determining stockholders entitled to vote
thereon.

    

                        The
Company shall, at all times, reserve and keep available out of its authorized
but unissued shares of common stock solely for the purpose of effecting the full
conversion of this Amended and Restated Note such number of its shares of common
stock as shall from time to time be sufficient to effect the conversion of this
Amended and Restated Note. If at any time the number of authorized but unissued
shares of common stock shall not be sufficient to effect the conversion of the
entire outstanding principal amount of this Amended and Restated Note, in
addition to such other remedies as shall be available to Payee, the Company will
use its best efforts to take such corporate action as may, in the opinion of its
counsel, be necessary to increase its authorized but unissued shares of common
stock to such number of shares as shall be sufficient for such
purposes.

    

                        Place and Application of
Payments. Each payment upon this Amended and Restated Note shall be made
at Payee’s address set forth above or any other place that Payee directs in
writing. Payee shall apply any payment upon it first to any expenses (including
expenses of collection) then due and payable to Payee, then to any unpaid late
charges, then to any accrued and unpaid interest under this Amended and Restated
Note and then to the unpaid principal balance. If the Company at any time owes
Payee any indebtedness or obligation in addition to the indebtedness that this
Amended and Restated Note evidences, and if any indebtedness that the Company
then owes to Payee is then in default, then the Company shall not have any right
to direct or designate the particular indebtedness or obligation upon which any
payment made by, or collected from, the Company or from which security shall be
applied. The Company waives any such right and agrees that Payee shall
determine, in its sole discretion, the manner of application of any such
payment, as between or among such indebtedness and obligations.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

                        Setoff. Payee shall have the
right at any time to set off any indebtedness that this Amended and Restated
Note evidences and that is then due and payable against any indebtedness that
Payee then owes to the Company.

    

                        Remedies. Payee shall have all
rights and remedies that the law and any agreement of the Company provide. Any
requirement of reasonable notice with respect to any sale or other disposition
of collateral shall be met if Payee sends the notice at least ten days before
the date of sale or other disposition. The Company shall reimburse Payee for any
and all expenses, including reasonable attorney fees and legal expenses, that
Payee pays or incurs in protecting and enforcing the rights of and obligations
to Payee under any provision of this Amended and Restated Note.

    

                        Waivers. A delay by Payee in
the exercise of any right or remedy shall not be considered a waiver of it. A
single or partial exercise by Payee of any right or remedy shall not preclude
any other or future exercise of it or the exercise of any other right or remedy.
A waiver by Payee of any default or of any provision of this Amended and
Restated Note shall not be effective unless it is in writing and signed by
Payee. A waiver of any right or remedy on one occasion shall not be a waiver of
that right or remedy on any future occasion.

    

                        The
Company waives demand for payment, presentment, notice of dishonor and protest
of this Amended and Restated Note and waives all defenses based on suretyship or
impairment of collateral. The Company consents to any extension or postponement
of time of payment of this Amended and Restated Note, to any substitution,
exchange or release of all or any part of any security given to secure it, to
the addition of any party to it and to the release, discharge, waiver,
modification or suspension of any rights or remedies against any person liable
for the indebtedness that this Amended and Restated Note evidences.

    

                        General. In this Amended and
Restated Note, “maturity” means the time when the entire remaining unpaid
principal balance shall be or shall become due and payable for any reason,
including acceleration as provided above.

    

                        Applicable Law and
Jurisdiction. This Amended and Restated Note shall be governed by and
interpreted according to the laws of the State of Michigan, without giving
effect to conflict of laws rules. The Company irrevocably agrees and consents
that any action against the Company for collection or enforcement of this
Amended and Restated Note may be brought in any state or federal court that has
subject matter jurisdiction and is located in, or whose district includes, Kent
County, Michigan, and that any such court shall have personal jurisdiction and
venue over the Company for purposes of the action.

    

                       Amendment and
Restatement.  This Amended and Restated Note amends and
restates that certain Promissory Note dated [original issuance date], executed
by the Company and payable to the order of Payee in the principal amount of
$[original principal amount] (the “Original
Note”).  Upon Payee’s acceptance of this Amended and Restated
Note, the Original Note shall be deemed cancelled and of no further force and
effect; provided, however, that nothing in the foregoing shall be deemed to
waive any outstanding accrued interest or other amounts now due under the
Original Note, which shall hereafter be deemed amounts due under this Amended
and Restated Note.   By its execution below, the Company hereby
acknowledges and agrees to the amendment and restatement of the Original
Note.

    

                        PAYEE
AND THE COMPANY EACH IRREVOCABLY AND UNCONDITIONALLY WAIVES ITS RIGHT TO A TRIAL
BY JURY IN ANY ACTION, INCLUDING ANY CLAIM, COUNTERCLAIM, CROSS-CLAIM OR
THIRD-PARTY CLAIM (“CLAIM”), THAT IS BASED UPON, ARISES OUT OF OR RELATES TO
THIS AMENDED AND RESTATED NOTE OR THE INDEBTEDNESS THAT IT EVIDENCES, INCLUDING,
WITHOUT LIMITATION, ANY CLAIM THAT IS BASED UPON, ARISES OUT OF OR RELATES TO
ANY ACTION OR INACTION OF PAYEE IN CONNECTION WITH ANY ACCELERATION, ENFORCEMENT
OR COLLECTION OF THIS AMENDED AND RESTATED NOTE OR SUCH
INDEBTEDNESS.

    

     INTERLEUKIN
GENETICS, INC.

    

    By:                                                                

    Name:                                                                           

    Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}]]