Document:

Term Loan Agreement

 EXHIBIT 10.1 
  
 TERM LOAN AND SECURITY AGREEMENT 
  
 This Agreement is made as of this 10th day of June, 2005, by and between Micronetics, Inc., a Delaware corporation with an address of 26 Hampshire Drive, Hudson, New Hampshire 03051 (the “Debtor”), and TD Banknorth,
N.A., a national banking association, with its principal New Hampshire office at 300 Franklin Street, Manchester, New Hampshire and a mailing address of P.O. Box 600, Manchester, New Hampshire 03105-0600 (the “Secured Party”).

  
 WITNESSETH: 
  
 WHEREAS, the Debtor desires to borrow from the Secured Party the sum of Six
Million and No/100ths Dollars ($6,000,000.00) to assist in the financing of the acquisition of all of the shares of stock of Stealth Microwave, Inc., a New Jersey corporation; and 
  
 WHEREAS, the Secured Party is willing to lend to the Debtor up to Six Million and No/100ths Dollars ($6,000,000.00) subject
to the terms and conditions set forth herein; 
  
 NOW, THEREFORE,
in consideration of the covenants set forth herein, the loan made hereunder, and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree as follows: 
  
 I. LOAN: The Secured Party agrees that it will lend to the Debtor,
the sum of Six Million and No/100ths Dollars ($6,000,000.00), to be evidenced by a Term Note of even date in the form satisfactory to Secured Party. The note delivered hereunder shall hereinafter be referred to as the “Term Note”.

  
 II. AFFIRMATIVE COVENANTS: The Debtor agrees that:

  
 A. It will pay to Secured Party the principal amounts and
interest as provided in the Term Note according to its tenor. 
  
 B. It will promptly reimburse the Secured Party for all reasonable charges and expenses incurred by the Secured Party in connection with the making of this Agreement and all reasonable legal fees incurred by the Secured Party in connection
with the making of this Agreement. 
  
 C. It will promptly
reimburse the Secured Party for (i) all damages sustained by any breach of warranty or covenant of the Debtor herein; and (ii) all fees, court costs, collection charges, reasonable attorneys’ fees, reasonable accountants’ fees, and all
other costs and expenses which may be incurred by the Secured Party to enforce any provisions of this Agreement, as against the Debtor, or in the prosecution of any proceeding arising from the efforts of the Secured Party to recover money or other
things of value, or the enforcement of rights or remedies under this Agreement, as the same may from time to time be amended, unless the enforcement of such provision is held unlawful by a Court of competent jurisdiction. 
  
 D. It will deliver, at its expense, (i) annually, within one hundred twenty
(120) days after its fiscal year end the audited financial statements of the Debtor and all of the Debtor’s subsidiaries, prepared by a certified public accountant satisfactory to the Lender, 

  

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and (ii) quarterly, within forty-five (45) days after the end of each fiscal quarter, (a) company prepared financial statements of the Debtor, (b) copy of
10Q report, and (c) accounts receivable aging, all in form satisfactory to Lender. All of the foregoing financial statements and reports shall be signed by a duly authorized representative of the Debtor. 
  
 E. It will, at all reasonable times, and upon reasonable notice, allow
Secured Party, by or through any of its officers, agents, attorneys or accountants, or such other persons, associations or corporations that Secured Party in its sole discretion should deem acceptable, to inspect the Collateral (as hereinafter
defined), to examine or make extracts from the books and records of the Debtor, and to arrange for the verification of accounts receivable under reasonable procedures directly with account debtors or by other methods, provided, however, that the
Secured Party shall give reasonable notification to the Debtor prior to contacting account debtors for such verification. It will furnish to the Secured Party upon request additional statements of any accounts receivable, together with all notes or
other papers evidencing the same, and any guaranties, securities or other documents or information relating thereto. Secured Party will protect the confidentiality of accounts receivable customer lists and other books and records of the Debtor in
connection with the verification of same. The Secured Party acknowledges that portions of the Collateral and Debtor’s facilities are classified and may be subject to certain confidentiality and security requirements as imposed by the federal
government of the United States of America, and the enforcement of this Term Loan and Security Agreement may be subject to the terms of such confidentiality and security requirements. 
  
 F. It will promptly and from time to time pay and discharge all taxes, charges and assessments which may be or shall be
levied, charged or assessed on or against it or any of its property, or any part thereof, or on or against the income and profits therefrom, before they become delinquent. Debtor shall have the right, however, to contest by legal proceeding the
validity or amount of any tax, charge or assessment, and Debtor need not pay any amount of such tax, charge or assessment under dispute if the proceedings shall operate to prevent or stay the collection of such tax, charge or assessment. 

 
 G. It will provide and maintain hazard insurance, fire and extended
coverage, on all of its property including the Collateral, in such amounts and for such other coverages as shall be satisfactory in all respects to the Secured Party, naming the Secured Party as loss payee, as its interests may appear. It will
provide the Secured Party with a schedule of all insurance policies annually, at the time it submits its annual financial statements as herein required. 
  
 III. SECURITY INTEREST: The Debtor, to secure (i) the payment of the Term Note, (ii) all sums required by, and the performance of all covenants
contained in this Agreement, and (iii) payment and performance by Debtor of all obligations under any ISDA Master Agreement which Debtor and Secured Party may hereafter enter into (the “Interest Rate Swap Agreement”), hereby grants to the
Secured Party a security interest in all of the Debtor’s fixtures, goods, equipment, inventory, accounts, chattel paper (tangible and electronic), documents (negotiable and nonnegotiable) instruments (including promissory notes), investment
property, securities, general intangibles, commercial tort claims, deposits accounts and letter of credit rights, now in existence or hereafter arising and all proceeds therefrom ( the “Collateral”). 
  

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 IV. FINANCING STATEMENTS, FILING, AND DELIVERY: Debtor hereby authorizes the Secured Party to file
financing statements covering the Collateral in which perfection may be made by filing, and will assist the Secured Party in obtaining possession and/or control of the Collateral in which perfection is made by possession or control. The Debtor shall
deliver herewith, all of the outstanding shares of the corporate stock of Stealth Microwave, Inc. (which are agreed to be “securities” within the meaning of NHRSA 382-A:8-102), together with stock powers in blank, into the possession of
the Secured Party. 
  
 V. WAIVER: Other than as provided in
Article X hereinbelow, the Debtor hereby expressly waives presentment, demand, protest, notice of default, nonpayment, partial payment and all other notices and formalities, consents to and waives notice of granting indulgence or extensions of time
of payment, the taking or releasing of security, the addition or release of persons primarily or secondarily liable on any of the assigned accounts receivable, the acceptance of partial payments thereon and/or the settlement, compromising or
compounding of any thereof, all in such manner and at such time or times as the Secured Party may deem advisable. The Secured Party shall not be required to enforce or resort to any security, liens, collateral, guaranty, or other remedies before
calling on the Debtor for payment, nor shall any act or omission of the Secured Party in any way impair or affect any of the indebtedness or liabilities of the Debtor to the Secured Party, or the rights of the Secured Party in any security. No delay
or omission of the Secured Party to exercise any rights, powers or remedies hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such rights, powers or remedies preclude other rights, powers or remedies which
the Secured Party might otherwise have; and no indulgence given to the Debtor in case of any default shall impair any such rights, powers or remedies or be construed as a waiver of any default of the Debtor or any acquiescence therein, or as a
variation or waiver of any of the terms or provisions of this Agreement. 
  
 VI. CONDITIONS TO LOAN AND COVENANTS: The Debtor hereby further covenants and agrees that it will: 
  
 A. At or before the time of the execution and delivery of this agreement, deliver to the Secured Party: 
  
 1. Certificate of Good Standing from the Secretary of State of the State of
Delaware as to the Debtor, and a Certificate of Authority as a Foreign Corporation from the Secretary of State of the State of New Hampshire as to Debtor. 
  
 2. Certified copies of resolutions of directors of Debtor authorizing the execution and delivery of the Term Note and this Agreement. 
  
 3. Certificate of insurance as hereinabove required. 
  
 4. Written opinion of counsel to the Debtor, in form and substance
satisfactory to the Secured Party and its counsel, including an opinion that this Agreement, and the Term Note constitute the Debtor’s valid and binding obligations enforceable against it in accordance with their terms. 
  
 B. Maintain its principal deposit account with the Secured Party. 

 

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 C. Promptly notify the Secured Party in writing of any default under this Agreement. 
  
 D. Promptly notify Secured Party in writing of any litigation brought against
the Debtor not covered by appropriate insurance and where the amount claimed in the action is in excess of $20,000.00. 
  
 VII. REPRESENTATIONS AND WARRANTIES: The Debtor hereby makes the following representations and warranties: 
  
 A. It is and will continue to be a duly organized and validly existing
corporation under the laws of Delaware, is duly authorized to do business as a foreign corporation in New Hampshire and in each other state in which the character of the properties owned by the Debtor, or the nature of the business transacted by it
therein make such qualifications necessary, and is duly authorized to enter into and perform this Agreement and the acts required by it. 
  
 B. None of the terms and conditions of this Agreement are beyond its corporate powers or in contravention or violation of any provisions of Delaware or
New Hampshire law, or of its Certificate of Incorporation or bylaws, or of any contract to which it is or may become a party. 
  
 C. No litigation or proceeding, governmental or otherwise, is pending, or to the knowledge of its directors, threatened against it, which could have a
material adverse effect on its financial condition or business. 
  
 D. Financial reports of the Debtor, copies of which were furnished to the Secured Party, fairly present its financial condition as of the date of said reports and said reports were prepared in accordance with generally accepted accounting
practices and principles, consistently applied, and there has been no material adverse change in the financial condition since that date of which the Secured Party has not been informed in writing. 
  
 E. At the time the Debtor pledges, sells, assigns or transfers to the Secured
Party any contract right, instrument, document of title, security, chattel paper or other property, or any interest therein, including, without limitation, any Collateral, the Debtor shall be the lawful owner thereof and shall have good right and
title to pledge, sell, assign or transfer the same; except for sales from inventory in the ordinary course of business, none of such property shall have been, or will be, pledged, sold, assigned or transferred to any person other than the Secured
Party, or is in any way encumbered; and the Debtor shall defend the same against the claims and demands of all persons. 
  
 F. It is fully qualified to enter into this Agreement with no approvals required by any other persons whomsoever, other than the approval of its
directors, which has been obtained. 
  
 G. It has fully paid its
Federal, State and any other income taxes and any other taxes it is obligated to pay. 
  

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 VIII. ADDITIONAL COVENANTS: The Debtor hereby covenants and agrees that so long as it is indebted
to the Secured Party, whether under this Agreement or otherwise, it will not, without the prior written consent of the Secured Party, which consent shall not be unreasonably withheld: 
  
 A. Merge or consolidate with any other person, firm or corporation as a result of which Debtor is not the surviving
corporation, or purchase the securities of any other company or invest in any other business, except publicly traded companies. 
  
 B. Lend any money to, or make any advances or assume, guaranty or endorse any obligations of, any other person, firm or corporation (other than wholly
owned subsidiaries), including the Debtor’s officers, directors and shareholders. 
  
 C. Except for (i) trade debt in the ordinary course of business (ii) subordinated loans from Debtor’s shareholders and/or their respective revocable trusts, and (iii) equipment financing leases in the ordinary
course of business, borrow from any source other than the Secured Party. 
  
 D. Grant, convey or hypothecate other than to the Secured Party a security interest in any Collateral or in any accounts or contract rights of the Debtor now existing or hereafter arising, or the proceeds therefrom,
or any inventory of the Debtor, now owned or hereafter acquired, or the proceeds or products therefrom, except for subordinate security interest to Debtor’s shareholders and/or their respective revocable trusts and for indebtedness permitted by
Section VIII.C., above. 
  
 IX. SET OFF: The Debtor hereby
agrees that upon notice of issue of any legal process by any court of competent jurisdiction by which process any of the assets of the Debtor in the hands of the Secured Party may be trusteed, garnished or levied upon, the Secured Party is
authorized to and may at its sole discretion apply said assets to the balance owed by the Debtor to the Secured Party whether or not such balance may be then due and owing. 
  
 X. DEFAULT: Each of the following events shall constitute an “Event of Default” under this Agreement:

  
 A. Any failure on the part of the Debtor to perform or
observe any of the covenants or agreements as provided herein, which default continues for thirty (30) days after written notice of the specific default from the Secured Party to the Debtor; or 
  
 B. Nonpayment on the due date of accrued interest, or any required principal
payment or payments or of any fee or other charge under this Agreement, the Term Note, or under the Interest Rate Swap Agreement, which nonpayment continues for five (5) days after written notice thereof; or 
  
 C. Any change in management wherein David Robbins is no longer the Chief
Executive Officer, and Dennis Dow is no longer the Principal Financial Officer; or 
  
 D. Any representation or warranty made by the Debtor herein, or any statements, certificates or instruments delivered hereunder proving to be untrue or defective in any material respect, provided however, any such
untruth or defect which, in the reasonable discretion of the Secured Party have been made without fraudulent intent, shall not be an Event of Default if cured by the Debtor on demand; or 
  

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 E. Any appointment of a trustee or receiver or assignee for the benefit of creditors, filed by or against
the Debtor, or petition in bankruptcy, or for reorganization under the federal bankruptcy laws, or any act without the prior written consent of the Secured Party which involves an extension of time for payments or compromise of indebtedness of the
Debtor, except that in the event any involuntary petition of alleged bankruptcy or petition of a trustee or receiver is filed against the Debtor, the Debtor shall have sixty (60) days within which to obtain the dismissal of said petition, provided
the Debtor is not sooner adjudicated bankrupt; or 
  
 F. Failure
to satisfy any final judgment rendered against the Debtor by any court of competent jurisdiction; or 
  
 G. The failure of the Debtor to maintain a debt service coverage ratio of at least 1.25:1, which shall be tested annually commencing with the year end
financial report for the Debtor’s fiscal year ended March 31, 2005 (debt service coverage ratio shall be defined as (net income + depreciation + interest expense) divided by (current potion of long term debt + interest expense); or

  
 H. Total debt to net worth ratio of the (including the debt
evidenced by the Term Note), based upon the Debtor’s annual audited financial statements, commencing with the year end financial report for the Debtor’s fiscal year ended March 31, 2005, shall exceed 1.5 to 1, which shall be tested
annually. Total debt to net worth ratio shall be defined as the ratio of: total liabilities to (total assets, minus intangibles, minus liabilities). 
  
 I. The net worth of the Debtor shall be less than $5,000,000.00, which shall be tested annually commencing with the year end financial report for the
Debtor’s fiscal year ended March 31, 2005 (net worth shall be defined as: total assets of the Debtor and all of the Debtor’s subsidiaries minus the total liabilities of the Debtor and all of the Debtor’s subsidiaries). 
  
 J. A declaration of default under other notes, loan agreements or guaranties
of the Debtor with, or in favor of, the Secured Party by the Debtor. 
  
 Upon the occurrence of an Event of Default, and at any time thereafter, or at such other time as herein agreed, the Secured Party may declare all obligations secured hereby immediately due and payable, and shall have all remedies at law or
in equity, including, but not limited to, the remedies of a secured party under the Uniform Commercial Code as enacted in the State of New Hampshire; the Secured Party may require the Debtor to assemble the Collateral and make it available to the
Secured Party at a place to be designated by the Secured Party, which is reasonably convenient to both parties. The Secured Party may commence to collect or continue to collect the accounts which are or may become Collateral hereunder and take
control of any proceeds as hereinbefore provided. The Secured Party will give the Debtor reasonable notice of the time and place of any public sale of any of the Collateral or of the time at which any private sale or any other disposition is to be
made. The requirements of reasonable notice shall be met if such notice is mailed postage prepaid to the address of the Debtor as hereinabove stated, not less than ten (10) days before the time of sale or disposition. Expenses of retaking, holding,
preparing for sale, selling or otherwise disposing shall include the Secured Party’s reasonable attorney’s fees and legal expenses. 
  

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 XI. MISCELLANEOUS: The Debtor further agrees that: 
  
 A. The rights conferred upon the Secured Party by this Agreement will
automatically extend to and be vested in any assignee or transferee of the Secured Party. 
  
 B. This Agreement will be governed by the laws of the State of New Hampshire. 
  
 XII. NOTICES: Any notices required to be given by the parties to this Agreement shall be given in writing and mailed postage prepaid to the party
entitled to such notice at the addresses first hereinabove written, or such other place as the parties designate in writing. 
  
 In Witness Whereof, the parties hereto have caused this Agreement to be executed and delivered by their respective officers, duly authorized, the day and
date first hereinabove written. 
  

					
	 	 	 Micronetics, Inc.

			
	 /s/    Jennifer Fuller

	 	 By:
  
	 	 /s/    David Robbins

	 Witness
	 	 	 	 David Robbins

	 	 	 	 	 Its President

			
	 	 	 	 	 TD Banknorth, N.A.

			
	 [Illegible]

	 	 By:
  
	 	 /s/    Michael F. Fox

	 Witness
	 	 	 	 Michael F. Fox

	 	 	 	 	 Its Senior Vice President

  

 - 7 -Term Note dated June 10, 2005

 Exhibit 10.2 
  
 TERM NOTE 
  

			
	$6,000,000.00	  	 June 10, 2005

	Term: seven (7) years	  	 Nashua, New Hampshire

  
 FOR VALUE RECEIVED,
Micronetics, Inc., a Delaware corporation with an address of 26 Hampshire Drive, Hudson, New Hampshire 03051 (the “Maker”), promises to pay to TD Banknorth, N.A., a national banking association (the “Lender”), or to
its order, at its place of business at 300 Franklin Street, Manchester, New Hampshire and a mailing address of P.O. Box 600, Manchester, New Hampshire Six Million and No/100ths Dollars ($6,000,000.00), together with interest in arrears on the unpaid
principal balance from time to time outstanding and on all outstanding interest not paid when due, from the date hereof, until the entire principal amount due hereunder is paid in full, at the Adjustable Rate (as hereinafter defined). Interest shall
be payable monthly, commencing on July 1, 2005, and on the same day of each month thereafter, or the next business day thereafter if such day is not a business day, and continuing monthly thereafter until this Note is paid in full. In each case,
interest shall be calculated on the basis of the actual number of days elapsed over a year of 360 days. 
  
 Commencing on the date hereof, interest shall be charged at the Adjustable Rate. 
  
 As used herein, the following terms shall have the meanings set forth below: 
  
 “Adjustable Rate” shall mean an adjustable annual rate equal to
two and one quarter percent (2.25%) above the One Month LIBOR (London Interbank Offering Rate). Such adjustments shall become effective on the first day of each month. Lender shall not be required to notify Borrower of adjustments in said interest
rate. 
  
 “One Month LIBOR” means the rate for deposits
in U.S. Dollars for a period equal to one month, as such rate appears on Telerate Page 3750 as of 11:00 AM, London time, on the day that is two business days prior to the adjustment date. If such rate does not appear on Telerate Page 3750, the rate
for that adjustment date will be the arithmetic mean of the rates quoted by major banks in London, selected by the Lender, for a period equal to one month, as of 11:00 AM, London time, on the day that is two business days prior to the adjustment
date. 
  
 “Telerate Page 3750” means the display
designated as “Page 3750” on the Dow Jones Telerate Service (or such other page as may replace Page 3750 on that service or such other service as may be nominated by the British Bankers’ Association as the information vendor for the
purpose of displaying British Bankers’ Association Interest Settlement Rates for U.S. Dollar Deposits). 
  
 “Maturity Date” shall mean that day which is seven (7) years from the date hereof. 
  
 So long as no Event of Default (as hereinafter defined) shall occur, in which event the Lender may elect to accelerate the
maturity hereof, the principal balance of this Note together with any unpaid interest thereon, shall be due and payable as follows: 
  
 a. Commencing on July 1, 2005, a fixed monthly payment of principal as specified in the attached amortization schedule, together with accrued interest on
the 

  

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outstanding principal will be due on the first day of each month, subject to adjustment in accordance with the Following Business Day Convention. The
“Following Business Day Convention” means the convention for adjusting any relevant date that would otherwise fall on a day that is not a Business Day so that the date will be the first following day that is a Business Day. “Business
Day” means a day (other than Saturday, Sunday, or holiday) on which Lender is open and conducting its customary banking transactions in the State of New Hampshire. 
  
 b. Any unpaid principal or interest remaining unpaid on the Maturity Date shall be due and payable at that time. 

 
 The Maker may prepay this Note at any time, provided, however, if the
Maker refinances this obligation with another financial institution, the Maker shall pay the Lender a fee equal to two percent (2.0%) of the principal balance being prepaid. 
  
 This Note is secured by a Term Loan And Security Agreement of the Maker of even date herewith (the “Security
Agreement”) covering all of the business assets of the Maker, and together with any other instruments securing this Note, all being hereinafter collectively referred to as the “Security Instruments”. This Note is entitled to all of
the benefits of the Security Instruments and specific reference is hereby made to such instruments for all purposes. 
  
 Upon the occurrence of any one of the following events (each of which events shall be an Event of Default hereunder): 
  
 (i) the failure of Maker to make any payment of principal or interest
hereunder when due and the continuance of such failure for five (5) days after written notice thereof, or 
  
 (ii) an Event of Default as described and defined in any of the Security Instruments or any other instrument evidencing the indebtedness of the Maker to
the Lender in conjunction with the loan evidenced hereby, and the expiration of any period provided in such instrument to cure such default, or 
  
 (iii) the failure of the Maker to maintain the Lender as the Maker’s primary bank of account, or 
  
 (iv) the failure of the Maker to maintain any insurance coverage required
under the Security Instruments, 
  
 then the holder hereof may declare the entire
unpaid principal balance and interest immediately due and payable without notice, demand or presentment and may exercise any of its rights under the Security Instruments. In addition, in the event of an Event of Default under this Note, this Note
shall bear interest from and including the date of such Event of Default, compounded monthly and payable on demand, at a rate per annum equal to five percent (5%) above the Adjustable Rate. In the event that the Lender or any subsequent holder of
this Note shall exercise or endeavor to exercise any of its remedies hereunder or under the Security Instruments, the Maker shall pay on demand all reasonable costs and expenses incurred in connection therewith, including, without limitation,
reasonable attorney’s fees. Irrespective of the exercise or nonexercise of any of the aforesaid rights, if any monthly payment of principal or interest hereunder is not paid in full within fifteen (15) days after the same is due, the Maker
shall pay to the holder a processing fee on such unpaid amount equal to six percent (6%) of such late payment. 
  

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 The Maker waives presentment for payment, protest and demand, and notice of protest, demand and/or
dishonor and nonpayment of this Note, notice of any Event of Default under this Note and the Security Instruments except as specifically provided herein and therein, and waives all other notices or demands otherwise required by law that the Maker
may lawfully waive. The Maker expressly agrees that this Note, or any payment hereunder, may be extended from time to time, without in any way affecting the liability of the Maker. No unilateral consent or waiver by the Lender with respect to any
action or failure to act which, without consent, would constitute a breach of any provision of this Note shall be valid and binding unless in writing and signed by the Lender. 
  
 The rights and obligations of the Maker and all provisions hereof shall be governed by and construed in accordance with the
laws of the State of New Hampshire. 
  
 The Maker shall remain
primarily liable on this Note and the Security Instruments until full payment, unaffected by any alienation of any collateral, by any agreement or transaction between the Lender and any subsequent owner or alienee of any collateral as to payment of
principal, interest or other monies, by any forbearance or extension of time, guaranty or assumption by others, or by any other matter, as to all of which notice is hereby waived by the Maker. 
  
 This is the Term Note as described in the Security Agreement and is also
subject to all terms and conditions set forth therein. 
  
 IN
WITNESS WHEREOF, the Maker has caused this Note to be executed and delivered on the day and year first above written. 
  

					
	 	 	 Micronetics, Inc.

			
	 /s/    Jennifer Fuller

	 	 By:
	 	 /s/    David Robbins

	 Witness
	 	 	 	 David Robbins

	 	 	 	 	 Its President

  

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 AMORTIZATION SCHEDULE 
  

											
	 	 	Start
Date

	 	 End
 Date/Pmt
 Date

	 	Principal
Outstanding

	 	Principal Due

	1	 	6/10/05	 	7/1/05	 	$	6,000,000.00	 	$	58,031.00
	2	 	7/1/05	 	8/1/05	 	$	5,941,969.00	 	$	58,031.00
	3	 	8/1/05	 	9/1/05	 	$	5,883,938.00	 	$	58,031.00
	4	 	9/1/05	 	10/1/05	 	$	5,825,907.00	 	$	58,031.00
	5	 	10/1/05	 	11/1/05	 	$	5,767,876.00	 	$	58,031.00
	6	 	11/1/05	 	12/1/05	 	$	5,709,845.00	 	$	58,031.00
	7	 	12/1/05	 	1/1/06	 	$	5,651,814.00	 	$	58,031.00
	8	 	1/1/06	 	2/1/06	 	$	5,593,783.00	 	$	58,031.00
	9	 	2/1/06	 	3/1/06	 	$	5,535,752.00	 	$	58,031.00
	10	 	3/1/06	 	4/1/06	 	$	5,477,721.00	 	$	58,031.00
	11	 	4/1/06	 	5/1/06	 	$	5,419,690.00	 	$	58,031.00
	12	 	5/1/06	 	6/1/06	 	$	5,361,659.00	 	$	58,031.00
	13	 	6/1/06	 	7/1/06	 	$	5,303,628.00	 	$	62,009.00
	14	 	7/1/06	 	8/1/06	 	$	5,241,619.00	 	$	62,009.00
	15	 	8/1/06	 	9/1/06	 	$	5,179,610.00	 	$	62,009.00
	16	 	9/1/06	 	10/1/06	 	$	5,117,601.00	 	$	62,009.00
	17	 	10/1/06	 	11/1/06	 	$	5,055,592.00	 	$	62,009.00
	18	 	11/1/06	 	12/1/06	 	$	4,993,583.00	 	$	62,009.00
	19	 	12/1/06	 	1/1/07	 	$	4,931,574.00	 	$	62,009.00
	20	 	1/1/07	 	2/1/07	 	$	4,869,565.00	 	$	62,009.00
	21	 	2/1/07	 	3/1/07	 	$	4,807,556.00	 	$	62,009.00
	22	 	3/1/07	 	4/1/07	 	$	4,745,547.00	 	$	62,009.00
	23	 	4/1/07	 	5/1/07	 	$	4,683,538.00	 	$	62,009.00
	24	 	5/1/07	 	6/1/07	 	$	4,621,529.00	 	$	62,009.00
	25	 	6/1/07	 	7/1/07	 	$	4,559,520.00	 	$	66,261.00
	26	 	7/1/07	 	8/1/07	 	$	4,493,259.00	 	$	66,261.00
	27	 	8/1/07	 	9/1/07	 	$	4,426,998.00	 	$	66,261.00
	28	 	9/1/07	 	10/1/07	 	$	4,360,737.00	 	$	66,261.00
	29	 	10/1/07	 	11/1/07	 	$	4,294,476.00	 	$	66,261.00
	30	 	11/1/07	 	12/1/07	 	$	4,228,215.00	 	$	66,261.00
	31	 	12/1/07	 	1/1/08	 	$	4,161,954.00	 	$	66,261.00
	32	 	1/1/08	 	2/1/08	 	$	4,095,693.00	 	$	66,261.00
	33	 	2/1/08	 	3/1/08	 	$	4,029,432.00	 	$	66,261.00
	34	 	3/1/08	 	4/1/08	 	$	3,963,171.00	 	$	66,261.00
	35	 	4/1/08	 	5/1/08	 	$	3,896,910.00	 	$	66,261.00
	36	 	5/1/08	 	6/1/08	 	$	3,830,649.00	 	$	66,261.00
	37	 	6/1/08	 	7/1/08	 	$	3,764,388.00	 	$	70,804.00
	38	 	7/1/08	 	8/1/08	 	$	3,693,584.00	 	$	70,804.00
	39	 	8/1/08	 	9/1/08	 	$	3,622,780.00	 	$	70,804.00
	40	 	9/1/08	 	10/1/08	 	$	3,551,976.00	 	$	70,804.00
	41	 	10/1/08	 	11/1/08	 	$	3,481,172.00	 	$	70,804.00
	42	 	11/1/08	 	12/1/08	 	$	3,410,368.00	 	$	70,804.00
	43	 	12/1/08	 	1/1/09	 	$	3,339,564.00	 	$	70,804.00
	44	 	1/1/09	 	2/1/09	 	$	3,268,760.00	 	$	70,804.00
	45	 	2/1/09	 	3/1/09	 	$	3,197,956.00	 	$	70,804.00

  

 - 4 - 

											
	46	 	3/1/09	 	4/1/09	 	$	3,127,152.00	 	$	70,804.00
	47	 	4/1/09	 	5/1/09	 	$	3,056,348.00	 	$	70,804.00
	48	 	5/1/09	 	6/1/09	 	$	2,985,544.00	 	$	70,804.00
	49	 	6/1/09	 	7/1/09	 	$	2,914,740.00	 	$	75,659.00
	50	 	7/1/09	 	8/1/09	 	$	2,839,081.00	 	$	75,659.00
	51	 	8/1/09	 	9/1/09	 	$	2,763,422.00	 	$	75,659.00
	52	 	9/1/09	 	10/1/09	 	$	2,687,763.00	 	$	75,659.00
	53	 	10/1/09	 	11/1/09	 	$	2,612,104.00	 	$	75,659.00
	54	 	11/1/09	 	12/1/09	 	$	2,536,445.00	 	$	75,659.00
	55	 	12/1/09	 	1/1/10	 	$	2,460,786.00	 	$	75,659.00
	56	 	1/1/10	 	2/1/10	 	$	2,385,127.00	 	$	75,659.00
	57	 	2/1/10	 	3/1/10	 	$	2,309,468.00	 	$	75,659.00
	58	 	3/1/10	 	4/1/10	 	$	2,233,809.00	 	$	75,659.00
	59	 	4/1/10	 	5/1/10	 	$	2,158,150.00	 	$	75,659.00
	60	 	5/1/10	 	6/1/10	 	$	2,082,491.00	 	$	75,659.00
	61	 	6/1/10	 	7/1/10	 	$	2,006,832.00	 	$	80,846.00
	62	 	7/1/10	 	8/1/10	 	$	1,925,986.00	 	$	80,846.00
	63	 	8/1/10	 	9/1/10	 	$	1,845,140.00	 	$	80,846.00
	64	 	9/1/10	 	10/1/10	 	$	1,764,294.00	 	$	80,846.00
	65	 	10/1/10	 	11/1/10	 	$	1,683,448.00	 	$	80,846.00
	66	 	11/1/10	 	12/1/10	 	$	1,602,602.00	 	$	80,846.00
	67	 	12/1/10	 	1/1/11	 	$	1,521,756.00	 	$	80,846.00
	68	 	1/1/11	 	2/1/11	 	$	1,440,910.00	 	$	80,846.00
	69	 	2/1/11	 	3/1/11	 	$	1,360,064.00	 	$	80,846.00
	70	 	3/1/11	 	4/1/11	 	$	1,279,218.00	 	$	80,846.00
	71	 	4/1/11	 	5/1/11	 	$	1,198,372.00	 	$	80,846.00
	72	 	5/1/11	 	6/1/11	 	$	1,117,526.00	 	$	80,846.00
	73	 	6/1/11	 	7/1/11	 	$	1,036,680.00	 	$	86,390.00
	74	 	7/1/11	 	8/1/11	 	$	950,290.00	 	$	86,390.00
	75	 	8/1/11	 	9/1/11	 	$	863,900.00	 	$	86,390.00
	76	 	9/1/11	 	10/1/11	 	$	777,510.00	 	$	86,390.00
	77	 	10/1/11	 	11/1/11	 	$	691,120.00	 	$	86,390.00
	78	 	11/1/11	 	12/1/11	 	$	604,730.00	 	$	86,390.00
	79	 	12/1/11	 	1/1/12	 	$	518,340.00	 	$	86,390.00
	80	 	1/1/12	 	2/1/12	 	$	431,950.00	 	$	86,390.00
	81	 	2/1/12	 	3/1/12	 	$	345,560.00	 	$	86,390.00
	82	 	3/1/12	 	4/1/12	 	$	259,170.00	 	$	86,390.00
	83	 	4/1/12	 	5/1/12	 	$	172,780.00	 	$	86,390.00
	84	 	5/1/12	 	6/1/12	 	$	86,390.00	 	$	86,390.00

  

 - 5 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}]]