Document:

Exhibit 10(cx)

THE SECURITIES  REPRESENTED BY THIS CERTIFICATE AND THE SECURITIES ISSUABLE UPON
CONVERSION  HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED.  THE SECURITIES  HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD,
TRANSFERRED  OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE  REGISTRATION  STATEMENT
FOR THE SECURITIES  UNDER THE SECURITIES ACT OF 1933, AS AMENDED,  OR AN OPINION
OF COUNSEL IN FORM,  SUBSTANCE AND SCOPE  REASONABLY  ACCEPTABLE TO THE BORROWER
THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR UNLESS SOLD PURSUANT TO RULE
144 UNDER SAID ACT. ANY SUCH SALE,  ASSIGNMENT OR TRANSFER MUST ALSO COMPLY WITH
APPLICABLE STATE SECURITIES LAWS.

                            SECURED CONVERTIBLE NOTE
                                 (No. CTS-03-24)

August 28, 2003                                                      $375,000.00

FOR VALUE RECEIVED, NCT GROUP, INC., a Delaware corporation  (hereinafter called
the  "Borrower")  hereby  promises  to pay to the  order of  Carole  Salkind  or
registered assigns (the "Holder") the sum of Three Hundred Seventy-Five Thousand
Dollars and No Cents  ($375,000.00) on February 28, 2004, and to pay interest on
the  unpaid  principal  balance  hereof at eight  percent  (8%) per  annum  (the
"Ordinary Interest Rate") from the date hereof (the "Issue Date") until the same
becomes due and payable,  whether at maturity or upon acceleration or otherwise.
Any amount of  principal  of or interest on this Note which is not paid when due
shall bear interest at the rate of five percent (5%) above the Ordinary Interest
Rate (the "Default  Interest  Rate") from the due date thereof until the same is
paid.  Interest shall commence accruing on the Issue Date and, to the extent not
converted  in  accordance  with the  provisions  of Article  II below,  shall be
payable in arrears on the date the  principal  amount in respect of which it has
accrued is paid,  whether at maturity or upon  acceleration  or by prepayment or
otherwise.  All payments of principal  and interest (to the extent not converted
in accordance with the terms hereof) shall be made in lawful money of the United
States of  America.  All  payments  shall be made at such  address as the Holder
shall  hereafter give to the Borrower by written notice made in accordance  with
the provisions of this Note.

The following terms shall apply to this Note:

                                    ARTICLE I

                                  NO PREPAYMENT

     1.1  PREPAYMENT.  This  Note is not  subject  to  prepayment.  This Note is
subject to optional conversion in accordance with Section 2.7 below.

                                   ARTICLE II

            CONVERSION AND PURCHASE RIGHTS; PAYMENT OF EXERCISE PRICE

     2.1  CONVERSION  RIGHT.  The Holder  shall have the right (the  "Conversion
Right") at any time on or prior to the day this Note is paid in full, to convert
at any time all or from  time to time any  part of the  outstanding  and  unpaid
principal  amount of this Note of at least  $50,000,  or such  lesser  amount as
shall remain unpaid at the time of the conversion,  into, at Holder's  election,
(i) fully paid and  non-assessable  shares of common  stock,  par value $.01 per
share, of the Borrower ("Common  Stock"),  at the

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conversion  price  determined  by Section  2.2(a)  hereof;  (ii) if Artera Group
International  Limited  ("Artera")  has made an initial  public  offering of its
common stock,  par value  (pound)1.00 per share,  fully paid and  non-assessable
shares of such stock owned by the Borrower,  at a conversion  price equal to the
initial  public  offering  price  of such  stock;  (iii)  if  Distributed  Media
Corporation  International  Limited  ("DMCI") has made a public  offering of its
common stock,  par value  (pound)1.00 per share,  fully paid and  non-assessable
shares of such stock owned by the Borrower,  at a conversion  price equal to the
initial public offering price of such stock; and (iv) if any other subsidiary of
the  Borrower  (other  than Pro  Tech  Communications,  Inc.)  has made a public
offering of its common stock, fully paid and non-assessable shares of such stock
owned  by the  Borrower,  at a  conversion  price  equal to the  initial  public
offering price of such stock. Upon the surrender of this Note,  accompanied by a
Notice of Conversion of Secured  Convertible Note in the form attached hereto as
Exhibit 1, properly  completed  and duly  executed by the Holder (a  "Conversion
Notice"), the Borrower shall issue and, within five (5) business days after such
surrender of this Note with the Conversion Notice,  deliver to or upon the order
of the Holder (x) that  number of shares of common  stock for the portion of the
Note converted as shall be determined in accordance  herewith and (y) a new Note
in the form hereof for the balance of the principal amount hereof, if any.

     The number of shares of common stock to be issued upon each  conversion  of
this Note shall be determined by dividing (i) the sum of (A) that portion of the
principal  amount  of the Note to be  converted  plus (B) the  "Conversion  Date
Interest" (as defined below), by (ii) the Conversion Price (as defined below) in
effect on the date the  Conversion  Notice is  delivered  to the Borrower by the
Holder.  Conversion Date Interest means the product of (i) the principal  amount
of the Note to be converted,  multiplied by (ii) a fraction (A) the numerator of
which is the number of days elapsed  since the date of issuance of this Note and
(B) the  denominator of which is 365,  multiplied by the Ordinary  Interest Rate
(iii) or, a  fraction  (A) the  numerator  of which is the number of days in the
period  of  time  after  the  occurrence  of an  Event  of  Default  and (B) the
denominator of which is 365, multiplied by the Default Interest Rate.

     2.2 CONVERSION PRICE.

     (a) The per share  "Conversion  Price" for conversion of this Note into the
Borrower's  Common  Stock shall be equal to the closing sale price of the Common
Stock on the Trading Day (as defined  below)  immediately  preceding the date of
this Note;  provided,  however,  that if, on the date of this Note and the three
Trading Days thereafter (the "Window"), neither the Holder nor any Related Party
(as defined below) sells or, whether in writing or otherwise, agrees to sell any
shares of Common Stock or any option,  warrant,  instrument  or right to convert
into,  exchange for or acquire Common Stock, then such price shall be reduced to
a price  equal  to the  lowest  closing  sale  price,  if lower  than the  price
specified  above in this sentence,  of the Common Stock during the Window on the
principal securities exchange or market on which the Common Stock is then traded
as reported on  Bloomberg  Financial  Markets.  If any closing sale price of the
Common  Stock  during  the  Window  is lower  than the  price  specified  at the
beginning of this  Section  2.2(a),  the Holder  shall give the Borrower  prompt
written  notice of any sale of or  agreement to sell any Common Stock or option,
warrant,  instrument  or right to convert into,  exchange for or acquire  Common
Stock made by the Holder or a Related  Party  during the Window.  "Trading  Day"
shall  mean any day on which the  Common  Stock is traded  for any period on the
NASDAQ  National  Market,  or on the  principal  securities  exchange  or  other
securities  market on which the  Common  Stock is then  being  traded.  "Related
Party" shall mean a member of the Holder's  immediate  family,  including spouse
(even if separated or not residing with the Holder) and adult  children (even if
not residing  with the Holder),  or an entity (other than the Borrower) of which
the  Holder or any such  immediate  family  member is an  officer,  director  or
beneficial  shareholder  (determined  under  Rule  13d-3  under  the  Securities
Exchange Act of 1934, as amended (the "1934 Act")).  The Conversion  Price shall
also be subject to equitable  adjustments  for stock  splits,  stock  dividends,
combinations, recapitalization,

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reclassifications  and similar events.  The Artera and DMCI  "Conversion  Price"
shall be equal to the initial  public  offering price of such stock and shall be
subject to adjustment as provided in Section 2.2(b) hereof.

     (b) The Conversion  Price for NCT, Artera and DMCI shall also be subject to
equitable   adjustments  for  stock  splits,   stock  dividends,   combinations,
reclassifications and similar events.

     (c) Borrower shall promptly notify each Holder of any adjustment (and event
that  requires  adjustment)  to the  Conversion  Price of NCT,  Artera  and DMCI
pursuant to this Section 2.2.

     2.3 AUTHORIZED  SHARES.  The Borrower  covenants that during the period the
Conversion Right exists,  the Borrower will use its best efforts to reserve from
its  authorized  and  unissued  Common  Stock a  sufficient  number of shares to
provide for the issuance of Common Stock upon the full  conversion of this Note.
The Borrower represents that upon issuance; such shares will be duly and validly
issued,  fully paid and  non-assessable.  The Borrower (i) acknowledges  that it
will  irrevocably  instruct its transfer  agent as soon as  practicable to issue
certificates for the Common Stock issuable upon conversion of this Note and (ii)
agrees that its  issuance of this Note shall  constitute  full  authority to its
officers  and  agents,  who  are  charged  with  the  duty  of  executing  stock
certificates,  to execute  and issue the  necessary  certificates  for shares of
Common Stock upon the  conversion  of this Note.  In the event that a sufficient
number of shares cannot be reserved,  Borrower agrees to use its best efforts to
call an annual  meeting of the Borrowers  shareholders  and seek approval for an
increase in the authorized  shares of the Borrowers  Common Stock to a number of
shares sufficient to provide for the full conversion of this Note.

     2.4 METHOD OF  CONVERSION.  Except as  otherwise  provided  in this Note or
agreed to by the Holder,  this Note may be  converted  by the Holder in whole at
any time or in part (provided such partial  conversion is at least $50,000) from
time to time by (i) submitting to the Borrower a Conversion Notice (by facsimile
dispatched on the  Conversion  Date and confirmed by U.S. mail or overnight mail
service sent within two Trading Days thereafter) and (ii) surrendering this Note
with the mailed confirmation of the Conversion Notice at the principal office of
the Borrower.  Upon partial exercise of the conversion rights provided hereby, a
new Note containing the same date and provisions as this Note shall be issued by
the  Borrower to the Holder for the  principal  balance of this Note which shall
not have been converted.  This Note has been issued by the Borrower  pursuant to
the exemption from  registration  provided either by Section 4.2 or Regulation D
under the Securities Act of 1933, as amended (the "Act").

     2.5  RESTRICTIONS  ON SHARES.  The  shares of common  stock  issuable  upon
conversion  of this Note may not be sold or  transferred  unless  (i) they first
shall have been registered  under the Act and applicable  state securities laws,
(ii) the Borrower shall have been furnished with an opinion of legal counsel (in
form, substance and scope reasonably  acceptable to Borrower) to the effect that
such sale or transfer is exempt from the registration requirements of the Act or
(iii) they are sold  pursuant to Rule 144 under the Act.  Each  certificate  for
shares of common stock issuable upon  conversion of this Note that have not been
so registered  and that have not been sold pursuant to an exemption that permits
removal of the legend,  shall bear a legend substantially in the following form,
as appropriate:

               THE  SECURITIES  REPRESENTED  BY THIS  CERTIFICATE  HAVE NOT BEEN
               REGISTERED  UNDER THE  SECURITIES  ACT OF 1933,  AS AMENDED.  THE
               SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD,
               TRANSFERRED   OR  ASSIGNED   IN  THE  ABSENCE  OF  AN   EFFECTIVE
               REGISTRATION  STATEMENT FOR THE  SECURITIES  UNDER THE SECURITIES
               ACT OF 1933,  AS  AMENDED,  OR AN  OPINION  OF  COUNSEL  IN FORM,
               SUBSTANCE  AND SCOPE  REASONABLY  ACCEPTABLE TO THE BORROWER THAT
               REGISTRATION  IS NOT  REQUIRED  UNDER  SAID

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<PAGE>

               ACT OR UNLESS SOLD  PURSUANT TO RULE 144 UNDER SAID ACT. ANY SUCH
               SALE,  ASSIGNMENT  OR TRANSFER  MUST ALSO COMPLY WITH  APPLICABLE
               STATE SECURITIES LAWS.

     Upon the request of a holder of a  certificate  representing  any shares of
common stock  issuable upon  conversion of this Note,  the Borrower shall remove
the  foregoing  legend  from  the  certificate  or  issue  to such  holder a new
certificate  therefor free of any transfer legend, if (i) with such request, the
Borrower  shall  have  received   either  an  opinion  of  counsel,   reasonably
satisfactory  to the Borrower in form,  substance and scope,  to the effect that
any such legend may be removed  from such  certificate,  or (ii) a  registration
statement under the Act covering such  securities is in effect.  Nothing in this
Note shall affect in any way the Holder's  obligations to comply with applicable
securities laws upon the resale of the securities referred to herein.

     Borrower agrees to use its best efforts to register with the Securities and
Exchange  Commission,  no later  than the end of the term of this  Note  (unless
legally  prohibited  from doing so), a number of shares of Common Stock equal to
the  principal  amount  of this  Note  outstanding  at the time of  registration
divided by the  Conversion  Price with  respect to  Borrower.  Such Common Stock
shall not be used, without permission from the Holder, for any other purposes.

     2.6 EFFECT OF MERGER,  CONSOLIDATION,  ETC. If at anytime when this Note is
issued and outstanding,  there shall be any merger,  consolidation,  exchange of
shares, recapitalization, reorganization, or other similar event, as a result of
which shares of Common Stock of the Borrower shall be changed into the same or a
different number of shares of another class or classes of stock or securities of
the Borrower or another  entity,  or in case of any sale or conveyance of all or
substantially  all of the assets of the Borrower other than in connection with a
plan of complete liquidation of the Borrower, then the Holder of this Note shall
thereafter  have the right to receive  upon  conversion  of this Note,  upon the
bases and upon the  terms and  conditions  specified  herein  and in lieu of the
shares of Common Stock then issuable upon  conversion of this Note (assuming the
occurrence of the Amendments whether or not that has then occurred), such stock,
securities  or assets  which the Holder  would have been  entitled to receive in
such  transaction  had  this  Note  been  converted  immediately  prior  to such
transaction,  and in any such  case  appropriate  provisions  shall be made with
respect to the rights and  interests  of the Holder of this Note to the end that
the provisions hereof (including, without limitation,  provisions for adjustment
of the Conversion  Price and of the number of shares issuable upon conversion of
this Note) shall  thereafter be  applicable,  as nearly as may be practicable in
relation to any securities or assets  thereafter  deliverable  upon the exercise
hereof. The Borrower shall not effect any transaction  described in this Section
2.6 unless the  resulting  successor or acquiring  entity (if not the  Borrower)
assumes by written  instrument  the  obligations of this Section 2.6. The Holder
will have the right if a merger or consolidation  occurs to force the payment in
full of this note.

     2.7  OPTIONAL  CONVERSION.  So long as no Event of Default  (as  defined in
Article III below)  shall have  occurred  and be  continuing  the Holder has the
right to require the conversion of the note into stock.

                                   ARTICLE III

                                EVENTS OF DEFAULT

     If of any of the following  events of default (each, an "Event of Default")
shall occur:

     3.1 FAILURE TO PAY PRINCIPAL OR INTEREST. The Borrower fails (i) to pay the
principal hereof when due, whether at maturity upon acceleration or otherwise or
(ii) to pay any

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installment  of  interest  hereon  when due and, in the case of this clause (ii)
only,  such failure  continues  for a period of five (5) days after the due date
thereof;

     3.2  CONVERSION.  The Borrower fails to issue shares of common stock to the
Holder  upon  exercise by the Holder of the  conversion  rights of the Holder in
accordance  with the terms of this Note,  and any such  failure  shall  continue
uncured for five (5) business  days after the Borrower  shall have been notified
thereof in writing by the Holder;

     3.3 BREACH OF  COVENANT.  The Borrower  breaches  any material  covenant or
other  material  term or  condition  of this Note  (other  than as  specifically
provided in Sections 3.1 and 3.2 hereof), and such breach continues for a period
of ten (10) business days after written  notice thereof to the Borrower from the
Holder.

     3.4  BREACH  OF  REPRESENTATIONS  AND  WARRANTIES.  Any  representation  or
warranty  of  the  Borrower  made  herein  or in  any  agreement,  statement  or
certificate given in writing pursuant hereto or in connection  herewith shall be
false or  misleading  in any material  respect when made and the breach of which
would have a material  adverse  effect on the  Borrower or the  prospects of the
Borrower or a material  adverse effect on the Holder or the rights of the Holder
with respect to this Note or the shares of common stock issuable upon conversion
of this Note;

     3.5  RECEIVER OR TRUSTEE.  The Borrower or any  subsidiary  of the Borrower
shall make an assignment  for the benefit of creditors,  or apply for or consent
to the appointment of a receiver or trustee for it or for a substantial  part of
its  property or  business;  or such a receiver or trustee  shall  otherwise  be
appointed;

     3.6 JUDGMENTS. Any money judgment, writ or similar process shall be entered
or filed  against the Borrower or any  subsidiary  of the Borrower or any of its
property or other assets for more than  $250,000,  and shall  remain  unvacated,
unbonded or unstayed for a period of twenty (20) days unless otherwise consented
to by the Holder; or

     3.7  BANKRUPTCY.  Bankruptcy,  insolvency,  reorganization  or  liquidation
proceedings or other  proceedings for relief under any bankruptcy law or any law
for the relief of debtors  shall be instituted by or against the Borrower or any
subsidiary of the Borrower.

     3.8 MATERIAL LOSS OR THEFT.  Material loss or theft,  substantial damage or
destruction or unauthorized  sale or encumbrance of any material  portion of the
Collateral  (as defined in Article IV hereof) in excess of  reasonably  expected
recoveries under insurance policies, or the making of any levy on, or seizure or
attachment  of or  entry  of a  judgment  against  a  material  portion  of  the
Collateral.

     3.9 REPORTS.  A material  omission or  misstatement  in any of the Debtor's
previously or hereafter filed reports  pursuant to the  requirements of the 1934
Act or the rules and regulations promulgated thereunder.

     Then,  upon the  occurrence  and  during the  continuation  of any Event of
Default specified in Sections 3.1, 3.2, 3.3, 3.4, 3.6, 3.8 or 3.9 hereof, at the
option of the Holder  hereof,  and upon the  occurrence  of any event of default
specified in Sections 3.5 or 3.7 hereof,  the Borrower  shall pay to the Holder,
in  satisfaction of its obligation to pay the  outstanding  principal  amount of
this Note and accrued and unpaid interest thereon, an amount equal to the sum of
(i) the  product  of (x) the then  outstanding  principal  amount  of this  Note
multiplied  by (y) 110% plus (ii)  accrued  and  unpaid  interest  on the unpaid
principal amount of this Note to the date of payment (the "Default  Amount") and
such Default Amount, together with all other ancillary amounts payable hereunder
shall  immediately  become due and payable,

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all without  demand,  presentment  or notice,  all of which hereby are expressly
waived, together with all costs, including,  without limitation,  legal fees and
expenses of  collection,  and the Holder shall be entitled to exercise all other
rights and remedies available at law or in equity.

     If the Borrower  fails to pay the Default  Amount  within five (5) business
days of written  notice  that such  amount is due and  payable,  then the Holder
shall have the right at any time, so long as the Borrower remains in default, to
require the Borrower,  upon written notice,  to immediately issue (in accordance
with the terms of Article II hereof),  in lieu of the Default Amount, the number
of shares of Common Stock of the Borrower equal to the Default Amount divided by
the Conversion Price then in effect.

                                   ARTICLE IV

                                   COLLATERAL

     Borrower  hereby  grants to Holder a security  interest  in all  inventory,
machinery,  equipment,  stocks, bonds, notes, accounts receivable, any rights or
claims that they may have against any other  person,  firm, or  corporation  for
monies, choses in action, any bank accounts, checking accounts,  certificates of
deposit or any financial instrument, patents and intellectual property rights or
any  other  assets  owned  by  Borrower  as of the  date of this  agreement,  or
hereafter acquired.

     Borrower hereby represents that none of the collateral encumbered hereunder
has been sold or  assigned  since the  original  promissory  note of Borrower to
Holder  of  January  26,  1999 and that the lien of the  holder  of this note is
uninterrupted  from January 26, 1999 and shall  continue until this note is paid
or otherwise disposed of in accordance with its terms and conditions.

     All  collateral  rights in  intellectual  property is  subordinated  to the
Borrower's current licenses and future licenses  provided,  that with respect to
future  licenses,  the consent of the Holder must be obtained,  but such consent
will not be unreasonably  withheld.  The patents and intellectual property which
are licensed under the cross license  agreement dated September 27, 1997,  among
NXT plc, New Transducers Limited, being related companies,  the Borrower and NCT
Audio Products,  Inc. (or any successor  agreements) are  specifically  excluded
from the collateral.  There are approximately 20 pieces of intellectual property
in which,  under the cross license  agreement,  Borrower may not, and hence does
not herein, grant a security interest.  In addition,  all agreements between NCT
Audio  Products,  Inc. and the Borrower that relate to such  agreement,  and the
stock of NCT Audio  Products,  Inc.  owned by the Borrower,  shall  similarly be
excluded from the security interest granted in this Note.

     If Borrower does not pay the debt or other obligations under this Note when
due, the  collateral may be sold in order to pay such debt and  obligations,  or
same may be transferred  to the name of the Holder,  as Holder in her discretion
decides.  Holder may inspect the  collateral at all reasonable  times.  Borrower
further agrees that it will do anything reasonably  requested by Holder in order
to make Holder's security interest in the collateral legally effective including
the execution of a UCC-1.

                                    ARTICLE V

                                  MISCELLANEOUS

5.1 FAILURE OR  INDULGENCY  NOT  WAIVER.  No failure or delay on the part of the
Holder in the exercise of any power, right or privilege  hereunder shall operate
as a waiver thereof, nor shall any single or partial exercise of any such power,
right or privilege  preclude other or further  exercise  thereof or

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of any other  right,  power or  privilege.  All  rights  and  remedies  existing
hereunder  are  cumulative  to, and not  exclusive  of,  any rights or  remedies
otherwise available.

5.2 NOTICES.  Notices,  demands and other  communications  given under this Note
shall be in writing  and shall be deemed to have been given when  delivered  (if
personally  delivered),  on the  scheduled  date of delivery (if  delivered  via
commercial  courier),  three  days  after  mailed  (if  mailed by  certified  or
registered mail, return receipt requested) or when sent by facsimile (if sent by
facsimile  with  evidence of  successful  transmission  retained by the sender);
provided, however, that failure to give proper and timely notice as set forth in
the "with a copy to" provisions below shall not invalidate a notice properly and
timely given to the associated party. Unless another address or facsimile number
is specified by notice hereunder, all notices shall be sent as follows:

If to the Holder:                         with a copy to:
----------------                          --------------

Ms. Carole Salkind                        Peter Rosen, Esq.
c/o Sills, Cummis, Radin, Tishman,        Rosen & Avigliano
    Epstein & Gross                       431 Route 10 East
One Riverfront Plaza                      Randolph, NJ  07689
Newark NJ  07102
Facsimile:  973-643-6500                  Facsimile:  973-361-1644

If to the Borrower:                       with a copy to:
------------------                        --------------

NCT Group, Inc.                           NCT Group, Inc.
20 Ketchum Street                         20 Ketchum Street
Westport, CT  06880                       Westport, CT  06880
Attention:  Chief Financial Officer       Attention:  General Counsel
Facsimile:  203-226-4338                  Facsimile:  203-226-4338

     5.3 AMENDMENT  PROVISION.  This Note and any  provision  hereof may only be
amended by an instrument in writing  signed by the Borrower and the Holder.  The
term "Note" and all references  thereto,  as used  throughout  this  instrument,
shall  mean this  instrument  as  originally  executed,  or if later  amended or
supplemented, then as so amended or supplemented.

     5.4  ASSIGNABILITY.  This Note shall be binding  upon the  Borrower and its
successors  and  assigns and shall inure to be the benefit of the Holder and its
successors and assigns;  PROVIDED,  HOWEVER, that so long as no Event of Default
has occurred,  this Note shall only be transferable in whole or in increments of
$100,000 to "Accredited Investors" (as defined in Rule 501(a) under the Act).

     5.5 COST OF COLLECTION. If default is made in the payment of this Note, the
Borrower shall pay the Holder hereof costs of collection,  including  reasonable
attorneys' fees.

     5.6  GOVERNING  LAW AND  JURISDICTION.  This Note shall be  governed by the
internal  laws of the State of  Delaware,  without  regard to  conflicts of laws
principles.  The parties hereto hereby submit to the exclusive  jurisdiction  of
the United States Federal Courts located in the state of New Jersey with respect
to any dispute arising under this Note.

     5.7 DAMAGES SHARES.  The shares of Common Stock that may be issuable to the
Holder  pursuant to Article III hereof  ("Damages  Shares")  shall be treated as
Common Stock issuable upon  conversion of this Note for all purposes  hereof and
shall be subject to all of the limitations and afforded

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all of the rights of the other shares of Common Stock  issuable  hereunder.  For
purposes of calculating  interest  payable on the outstanding  principal  amount
hereof,  amounts  convertible into Damages Shares ("Damages  Amounts") shall not
bear interest but must be converted  prior to the conversion of any  outstanding
principal amount hereof,  until the outstanding  Damages Amount is zero. Damaged
Shares can only be issued after  Borrower  has received the written  notice that
the Holder wishes to receive such shares.

     5.8  DENOMINATIONS.  At the request of the Holder,  upon  surrender of this
Note, the Borrower  shall promptly issue new Notes in the aggregate  outstanding
principal amount hereof, in the form hereof,  in such  denominations of at least
$50,000 as the Holder shall request.

     IN WITNESS WHEREOF,  Borrower has caused this Note to be signed in its name
by its duly authorized officer as of the date first written above.

                                          NCT GROUP, INC.

                                          By:  /s/  Michael J. Parrella
                                          --------------------------------------
                                              Michael J. Parrella
                                              Chairman & Chief Executive Officer

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                                                                       EXHIBIT 1
                                                                       ---------

                NOTICE OF CONVERSION OF SECURED CONVERTIBLE NOTE

TO:  NCT Group, Inc.

     (1) Pursuant to the terms of the  attached  Secured  Convertible  Note (the
"Note"),  the undersigned hereby elects to convert $________ principal amount of
the Note into shares of common stock of:

    _____  NCT Group, Inc., a Delaware corporation

    _____  Distributed Media Corporation International Limited, a UK corporation

    _____  Artera Group International Limited, a UK corporation

    _____  Other public subsidiary (identify: ________________________________)1

Capitalized  terms  used  herein  and not  otherwise  defined  herein  have  the
respective meanings provided in the Note.

     (2) Please issue a certificate or certificates  for the number of shares of
common stock into which such principal  amount of the Note is convertible in the
name(s) specified immediately below or, if additional space is necessary,  on an
attachment hereto:

Name:    Carole Salkind                    Name:
         ------------------------------             ----------------------------

Address:                                   Address:
         ------------------------------             ----------------------------

SS or Tax ID Number:                       SS or Tax ID Number:
                    -------------------                       ------------------

     (3) In the event of partial  exercise,  please reissue an appropriate  Note
for the principal balance which shall not have been converted.

     (4) If the shares of common stock issuable upon conversion of the Note have
not been  registered  under the  Securities Act of 1933, as amended (the "Act"),
the undersigned represents and warrants that (i) such shares of common stock are
being acquired for the account of the undersigned for investment, and not with a
present view to, or for resale in connection with, the distribution thereof, and
that the undersigned has no present  intention of distributing or reselling such
securities,  in each case, other than pursuant to a registration statement under
the Act and (ii) the  undersigned  is an  "Accredited  Investor"  as  defined in
Regulation  D under  the  Act.  The  undersigned  further  agrees  that (A) such
securities  shall not be sold or transferred  unless either (i) they first shall
have been registered  under the Act and applicable state securities laws or (ii)
the Borrower first shall have been furnished with either (x) an opinion of legal
counsel (in form,  substance and scope  reasonably  satisfactory to Borrower) to
the  effect  that  such  sale  or  transfer  is  exempt  from  the  registration
requirements of the Act or (y) satisfactory representations from the undersigned
that the undersigned may immediately  sell all of such securities (to the extent
such  securities  are deemed to have been acquired on the same date) pursuant to
Rule 144 under the Act (or a successor thereto) and (B) the Borrower may place a
legend on the certificate(s) for such securities to that effect and place a stop
transfer restriction in its records relating to such securities.

Date   ___________________________

                           -----------------------------------------------------
                           Signature of Registered Holder
                           (must  be  signed  exactly  as  name  appears  in the
                           Note.  The  signature  must be guaranteed by a member
                           firm of the New York Stock  Exchange or the  National
                           Association   of   Securities   Dealers   or   by   a
                           commercial  bank or trust  having  an  office  in the
                           United States)

--------
1 May not be Pro Tech Communications, Inc.

                                       9Form

EXECUTION COPY

AMENDED AND RESTATED 364-DAY CREDIT AGREEMENT

Dated as of June 27, 2003

FEDERATED DEPARTMENT STORES, INC., a Delaware corporation (the "Borrower"), the banks, financial institutions and other institutional lenders (collectively, the "Initial Lenders") party hereto, CITIBANK, N.A., as administrative agent (in such capacity, an "Administrative Agent") and paying agent (in such capacity, the "Paying Agent") for the Lenders (as defined in the Existing Credit Agreement referred to below), JPMORGAN CHASE BANK, as an administrative agent, FLEET NATIONAL BANK, as syndication agent, BANK OF AMERICA, N.A. CREDIT SUISSE FIRST BOSTON and U.S. BANK NATIONAL ASSOCIATION, as documentation agents, and CITIGROUP GLOBAL MARKETS INC. and J.P. MORGAN SECURITIES INC., as lead arrangers and bookrunners, hereby agree as follows:

PRELIMINARY STATEMENTS

(1)The Borrower is party to a 364-Day Credit Agreement dated as of June 29, 2001, amended and restated as of June 28, 2002 (as amended, supplemented or otherwise modified from time to time to (but not including) the date of this Amendment and Restatement, the "Existing Credit Agreement") with the banks, financial institutions and other institutional lenders party thereto, The Chase Manhattan Bank, as an administrative agent, and Citibank, N.A., as an administrative agent and the paying agent for such lenders.  Capitalized terms not otherwise defined in this Amendment and Restatement shall have the same meanings as specified in the Existing Credit Agreement.

(2)The parties to this Amendment and Restatement desire to amend the Existing Credit Agreement as set forth herein and to restate the Existing Credit Agreement in its entirety to read as set forth in the Existing Credit Agreement with the following amendments.

(3)The Borrower has requested that the Lenders agree to extend credit to it from time to time in an aggregate principal amount of up to $200,000,000 for general corporate purposes of the Borrower and its Subsidiaries not otherwise prohibited under the terms of this Amendment and Restatement.  The Lenders have indicated their willingness to agree to extend credit to the Borrower from time to time in such amount on the terms and conditions of this Amendment and Restatement.

SECTION 1.  Amendments to the Existing Credit Agreement.  (a)  Section 1.01 of the Existing Credit Agreement is, effective as of the date of this Amendment and Restatement and subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended by deleting the definitions of "Lenders" and "Revolver Termination Date" set forth therein and replacing them, respectively, with the following new definitions thereof:
"Lenders" means, collectively, each Initial Lender, each Assuming Lender that shall become a party hereto pursuant to Section 2.16 and each other Person that shall become a party hereto pursuant to Sections 8.07 and, except when used in reference to a Revolving Credit Advance, a Revolving Credit Note or a related term, each Designated Bidder.

"Revolver Termination Date" means the earlier of June 25, 2004 (subject to the extension thereof pursuant to Section 2.16) and the date of termination in whole of the Revolving Credit Commitments pursuant to Section 2.05 or 6.01; provided, however, that the Revolver Termination Date of any Lender that is a Non-Consenting Lender to any requested extension pursuant to Section 2.16 shall be the Revolver Termination Date in effect immediately prior to the applicable Extension Date for all purposes of this Agreement and any Notes.

(b)Section 4.01(e) is amended (i) by deleting the date "February 3, 2001" and substituting therefor the date "February 1, 2003" in each place such date appears and (ii) by deleting the date "May 5, 2001" and substituting therefor the date "May 3, 2003" in each place such date appears.

(c)Schedule I to the Existing Credit Agreement is, effective as of the date of this Amendment and Restatement and subject to the satisfaction of the conditions precedent set forth in Section 2, deleted in its entirety and replaced with Schedule I to this Amendment and Restatement.

SECTION 2.  Conditions of Effectiveness of this Amendment and Restatement.  This Amendment and Restatement shall become effective as of the date first above written (the "Restatement Effective Date") when and only if:
(a)The Paying Agent shall have received counterparts of this Amendment and Restatement executed by the Borrower and all of the Initial Lenders or, as to any of the Initial Lenders, advice satisfactory to the Paying Agent that such Initial Lender has executed this Amendment and Restatement.

(b)The Paying Agent shall have received on or before the Restatement Effective Date the following, each dated such date and (unless otherwise specified below) in form and substance satisfactory to the Paying Agent and in sufficient copies for each Initial Lender:
(i)The Revolving Credit Notes to the order of each of the Lenders that have requested Revolving Credit Notes prior to the Restatement Effective Date.

(ii)Certified copies of the resolutions of the Board of Directors of the Borrower approving this Amendment and Restatement and the Notes, and of all documents (including, without limitation, charters and bylaws) evidencing other necessary corporate action and governmental approvals, if any, with respect to this Amendment and Restatement and the Notes.

(iii)A certificate of the Secretary or an Assistant Secretary of the Borrower certifying the names and true signatures of the officers of the Borrower authorized to sign this Amendment and Restatement and the Notes and the other documents to be delivered hereunder.

(iv) A favorable opinion of Shearman & Sterling LLP, counsel for the Agents, in form and substance satisfactory to the Agents.

(c) The representations and warranties contained in Section 4.01 of the Existing Credit Agreement shall be correct on and as of the Restatement Effective Date, before and after giving effect to the Restatement Effective Date, as though made on and as of such date.

(d)No event shall have occurred and be continuing, or shall occur as a result of the occurrence of the Restatement Effective Date, that constitutes a Default.

SECTION 3.  Reference to and Effect on the Existing Credit Agreement and the Notes.  (a)  On and after the effectiveness of this Amendment and Restatement, each reference in the Existing Credit Agreement to "this Agreement", "hereunder", "hereof" or words of like import referring to the Existing Credit Agreement, and each reference in the Notes to "the Credit Agreement", "thereunder", "thereof" or words of like import referring to the Existing Credit Agreement, shall mean and be a reference to the Existing Credit Agreement, as amended by this Amendment and Restatement.

(b)The Existing Credit Agreement and the Notes, as specifically amended by this Amendment and Restatement, are and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed.

(c)Without limiting any of the other provisions of the Existing Credit Agreement, as amended by this Amendment and Restatement, any references in the Existing Credit Agreement to the phrases "on the date hereof", "on the date of this Agreement" or words of similar import shall mean and be a reference to the date of the Existing Credit Agreement (which is June 29, 2001).

SECTION 4.  Costs and Expenses.  The Borrower agrees to pay on demand all reasonable out-of-pocket costs and expenses of the Paying Agent in connection with the preparation, execution, delivery and administration, modification and amendment of this Amendment and Restatement, the Notes and the other documents to be delivered hereunder (including, without limitation, the reasonable and documented fees and expenses of counsel for the Paying Agent with respect hereto and thereto) in accordance with the terms of Section 8.04 of the Existing Credit Agreement.

SECTION 5.  Execution in Counterparts.  This Amendment and Restatement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.  Delivery of an executed counterpart of a signature page to this Amendment and Restatement by telecopier shall be effective as delivery of a manually executed counterpart of this Amendment and Restatement.

SECTION 6.  Governing Law.  This Amendment and Restatement shall be governed by, and construed in accordance with, the laws of the State of New York.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment and Restatement to be executed by their respective officers thereunto duly authorized, as of the date first above written.

	 	
THE BORROWER

	 	 
	 	
FEDERATED DEPARTMENT STORES, INC.

	 	 
	 	
By:  /s/ Karen M. Hoguet

	 	
Title:  Senior Vice President and Chief Financial Officer

	 	 
	 	 
	 	
CITIBANK, N.A.,

	 	
as an Administrative Agent and as Paying Agent

	 	 
	 	
By:  /s/ John S. Hutchins

	 	
Title:  Managing Director

	 	 
	 	 
	 	
JPMORGAN CHASE BANK,

	 	
as an Administrative Agent

	 	 
	 	
By:  /s/

	 	
Title:  Vice President

	 	 
	 	 
	 	
THE INITIAL LENDERS

	 	 
	 	
Lead Arrangers

	 	 
	 	
CITIBANK, NA.

	 	 
	 	
By:  /s/ John S. Hutchins

	 	
Title:  Managing Director

	 	 
	 	 
	 	
JP MORGAN CHASE BANK

	 	 
	 	
By:  /s/

	 	
Title:  Vice President

	 	 
	 	 
	 	
Syndication Agent

	 	 
	 	
FLEET NATIONAL BANK

	 	 
	 	
By:  /s/ Judith C.E. Kelly

	 	
Title:  Managing Director

	 	 
	 	 
	 	
Documentation Agents

	 	 
	 	
BANK OF AMERICA, N.A.

	 	 
	 	
By:  /s/ Amy Krovocheck

	 	
Title:  Vice President

	 	 
	 	 
	 	
CREDIT SUISSE FIRST BOSTON

	 	 
	 	
By:  /s/ William O'Daly

	 	
Title:  Director

	 	 
	 	
By:  /s/ Cassandra Droogan

	 	
Title:  Associate

	 	 
	 	 
	 	
U.S. BANK NATIONAL ASSOCIATION

	 	 
	 	
By:  /s/ Derek S. Roudebush

	 	
Title:  Vice President

	 	 
	 	 
	 	
Lenders

	 	 
	 	
UNION BANK OF CALIFORNIA, N.A.

	 	 
	 	
By:  /s/ Ching Lim

	 	
Title:  Vice President

	 	 
	 	 
	 	
BANK ONE, NA

	 	 
	 	
By:  /s/ Steven P. Sullivan

	 	
Title:  Director

	 	 
	 	 
	 	
PNC BANK, NATIONAL ASSOCIATION

	 	 
	 	
By:  /s/ Bruce A. Kintner

	 	
Title:  Vice President

	 	 
	 	 
	 	
THE FIFTH THIRD BANK

	 	 
	 	
By:  /s/ Christine L. Wagner

	 	
Title:  Assistant Vice President

	 	 
	 	 
	 	
MELLON BANK, N.A.

	 	 
	 	
By:  /s/ Mark F. Johnson

	 	
Title:  Vice President

	 	 
	 	 
	 	
THE BANK OF NEW YORK

	 	 
	 	
By:  /s/ William M. Barnum

	 	
Title:  Vice President

	 	 
	 	 
	 	
WELLS FARGO BANK, N.A.

	 	 
	 	
By:  /s/ Steven M. Buehler

	 	
Title:  Vice President

	 	 
	 	
By:  /s/ Mary D. Falck

	 	
Title:  Senior Vice President

	 	 
	 	 
	 	
BANCA NAZIONALE DEL LAVORO S.P.A., NEW YORK BRANCH

	 	 
	 	
By:  /s/ Francesco DiMario

	 	
Title:  Vice President

	 	 
	 	
By:  /s/ Carlo Vecchi

	 	
Title:  Senior Vice President

	 	 
	 	 
	 	
MANUFACTURERS AND TRADERS TRUST COMPANY

	 	 
	 	
By:  /s/ Brooks W. Thropp

	 	
Title:  Vice President

	 	 
	 	 
	 	
FIRST HAWAIIAN BANK

	 	 
	 	
By:  /s/ Charles L. Jenkins

	 	
Title:  Vice President, Manager

SCHEDULE I

COMMITMENTS AND APPLICABLE LENDING OFFICES

 

	
Name of Initial

Lender
	
Revolving Credit

Commitment
	
Domestic Lending

  Office  
	
Eurodollar Lending

   Office   

	
Manufacturers and Traders Trust Company

 
	
$4,000,000
	
Credit:

25 S. Charles Street

Baltimore, MD  21201

Attn:  Brian Sohocki

Phone:  (410) 244-4297

Fax:  (410) 545-2047

Administrative:

25 S. Charles Street

Baltimore, MD  21201

Attn:  Sheila Johnson

Phone:  (410) 244-4083

Fax:  (410) 545-2047
	
Credit:

25 S. Charles Street

Baltimore, MD  21201

Attn:  Sean Fitzgerald

Phone:  (410) 244-4575

Fax:  (410) 545 2079

Administrative:

25 S. Charles Street

Baltimore, MD  21201

Attn:  Sean Fitzgerald

Phone:  (410) 244-4575

Fax:  (410) 545-2079

	
Banca Nazionale del Lavoro

 

 
	
$5,000,000
	
Credit:

25 West 51st Street

New York, NY  10019

Attn: Francesco DiMario

Phone: (212) 314-0239

Fax: (212) 765-2978

Administrative:

Attn: Anna Hernandez

Phone: (212) 314-0679

Fax: (212) 765-2978

	
Credit:

25 West 51st Street

New York, NY  10019

Attn: Francesco DiMario

Phone: (212) 314-0239

Fax: (212) 765-2978

Administrative:

Attn: Anna Hernandez

Phone: (212) 314-0679

Fax: (212) 765-2978

	
Bank of America, N.A.

	
$15,500,000
	
Credit:

901 Main St, 64th Floor

Dallas, TX  75202

Attn: Amy Krovocheck

Phone: (214) 209-0193

Fax: (214) 209-0905

Administrative:

1850 Gateway Blvd.

Concord, CA 94520-3282

Attn:  G.K. Lapitan

Phone:  (925) 675-8205

Fax:  (925) 969-2852
	
Credit:

901 Main St, 64th Floor

Dallas, TX  75202

Attn: Amy Krovocheck

Phone: (214) 209-0193

Fax: (214) 209-0905

Administrative:

1850 Gateway Blvd.

Concord, CA 94520-3282

Attn:  G.K. Lapitan

Phone:  (925) 675-8205

Fax:  (925) 969-2852

	
The Bank of New York
	
$7,500,000
	
Credit:

One Wall Street, 8th Floor

New York, NY  10286

Attn: Clarence Burleigh

Phone: (212) 635-7867

Fax: (212) 635-1483

Administrative:

One Wall Street, 8th Floor

New York, NY  10286

Attn:  Susan Baratta

Phone:  (212) 635-6761

Fax:  (212) 635-6397
	
Credit:

One Wall Street, 8th Floor

New York, NY  10286

Attn: Clarence Burleigh

Phone: (212) 635-7867

Fax: (212) 635-1483

Administrative:

One Wall Street, 8th Floor

New York, NY  10286

Attn:  Susan Baratta

Phone:  (212) 635-6761

Fax:  (212) 635-6397

	
Bank One, NA
	
$10,000,000
	
Credit:

1 Bank One Plaza

Suite ILI0086

Chicago, IL  60670

Attn:  Paul Rigby

Phone:  (312) 732-6132

Fax:  (312) 336-4380

Administrative:

1 Bank One Plaza

Suite ILI0086

Chicago, IL  60670

Attn:  Tess Siao

Phone:  (312) 732-8705

Fax:  (312) 336-2715
	
Credit:

1 Bank One Plaza

Suite ILI0086

Chicago, IL  60670

Attn:  Paul Rigby

Phone:  (312) 732-6132

Fax:  (312) 336-4380

Administrative:

1 Bank One Plaza

Suite ILI0086

Chicago, IL  60670

Attn:  Tess Siao

Phone:  (312) 732-8705

Fax:  (312) 336-2715

	
Citibank, N.A.
	
$20,000,000
	
Credit:

388 Greenwich Street

New York, NY 10013

Attn: Robert Snell

Phone: (212) 816-

Fax: (212) 793-7585

Administrative:

2 Penns Plaza

Suite 200

New Castle, DE 19720

Attn: Tim Card

Phone: (718) 248-4536

Fax: (718) 248-4844
	
Credit:

388 Greenwich Street

New York, NY 10013

Attn: Robert Snell

Phone: (212) 816-

Fax: (212) 793-7585

Administrative:

2 Penns Plaza

Suite 200

New Castle, DE 19720

Attn: Tim Card

Phone: (718) 248-4536

Fax: (718) 248-4844

	
Credit Suisse First Boston

 

 
	
$15,500,000
	
Credit:

11 Madison Ave., 19th Fl.

New York, NY  10010

Attn: William O'Daly

Phone: (212) 325-1986

Fax: (212) 325-8314

Administrative:

11 Madison Ave.

New York, NY  10010

Attn:  Ronald David

Phone: (212) 325-1865

Fax:  (212) 335-0593
	
Credit:

11 Madison Ave., 19th Fl.

New York, NY  10010

Attn: William O'Daly

Phone: (212) 325-1986

Fax: (212) 325-8314

Administrative:

11 Madison Ave.

New York, NY  10010

Attn:  Ronald David

Phone: (212) 325-1865

Fax:  (212) 335-0593

	
First Hawaiian Bank
	
$4,000,000
	
Credit:

999 Bishop Street, 11th Floor

Honolulu, HI  96847

Attn:  Charles L. Jenkins

Phone:  (808) 525-6289

Fax: (808) 525-6372

Administrative:

999 Bishop Street, 11th Floor

Honolulu, HI  96847

Attn:  Laurae Imamura

Phone:  (808) 844-3740

Fax: (808) 844-3660/3659
	
Credit:

999 Bishop Street, 11th Floor

Honolulu, HI  96847

Attn:  Charles L. Jenkins

Phone:  (808) 525-6289

Fax: (808) 525-6372

Administrative:

999 Bishop Street, 11th Floor

Honolulu, HI  96847

Attn:  Laurae Imamura

Phone:  (808) 844-3740

Fax: (808) 844-3660/3659

	
The Fifth Third Bank

 

 
	
$8,500,000
	
Credit:

38 Fountain Square Plaza

Cincinnati, OH  45263

Attn:  Christine Wagner

Phone:  (513) 744-7348

Fax:  (513) 744-5947

Administrative:

38 Fountain Square Plaza

Cincinnati, OH  45263

Attn:  Melody R. Merrill

Phone:  (513) 579-5389

Fax:  (513) 534-5947
	
Credit:

38 Fountain Square Plaza

Cincinnati, OH  45263

Attn:  Christine Wagner

Phone:  (513) 744-7348

Fax:  (513) 744-5947

Administrative:

38 Fountain Square Plaza

Cincinnati, OH  45263

Attn:  Melody R. Merrill

Phone:  (513) 579-5389

Fax:  (513) 534-5947

	
Fleet National Bank
	
$16,500,000
	
Credit:

40 Broad Street

MA DE 10510A

Boston, MA  02109

Attn: Judy C.E. Kelly

Phone: (617) 434-5280

Fax: (617) 434-6685

Administrative:

100 Federal Street

Boston, MA  02110

Attn:  Rafaella "Debbie" Phinney

Phone:  (617) 434-1645

Fax:  (617) 434-9933
	
Credit:

40 Broad Street

MA DE 10510A

Boston, MA  02109

Attn: Judy C.E. Kelly

Phone: (617) 434-5280

Fax: (617) 434-6685

Administrative:

100 Federal Street

Boston, MA  02110

Attn:  Rafaella "Debbie" Phinney

Phone:  (617) 434-1645

Fax:  (617) 434-9933

	
JPMorgan Chase Bank
	
$22,500,000
	
Credit:

270 Park Avenue, 48th Fl.

New York, NY  10017

Attn: Barry Bergman

Phone: (212) 270-0203

Fax: (212) 270-5646

Administrative:

1 Chase Manhattan Plaza

8th Floor

New York, NY  10081

Attn:  Amy Labinger

Phone:  (212) 552-4025

Fax:  (212) 552-7500
	
Credit:

270 Park Avenue, 48th Fl.

New York, NY  10017

Attn: Barry Bergman

Phone: (212) 270-0203

Fax: (212) 270-5646

Administrative:

1 Chase Manhattan Plaza

8th Floor

New York, NY  10081

Attn: Amy Labinger

Phone:  (212) 552-4025

Fax:  (212) 552-7500

	
Mellon Bank, N.A.
	
$8,500,000
	
Credit:

One Mellon Bank Center, 

Room 370

Pittsburgh, PA 15258-0001

Attn: Louis Flori

Phone: (412) 234-7298

Fax: (412) 236-1914

Administrative:

Three Mellon Bank Center, 

Room 1203

Pittsburgh, PA  15259-0003

Attn: Richard Bouchard

Phone: (412) 234-5767

Fax: (412) 209-6124
	
Credit:

One Mellon Bank Center, 

Room 370

Pittsburgh, PA 15258-0001

Attn: Louis Flori

Phone: (412) 234-7298

Fax: (412) 236-1914

Administrative:

Three Mellon Bank Center, 

Room 1203

Pittsburgh, PA  15259-0003

Attn: Richard Bouchard

Phone: (412) 234-5767

Fax: (412) 209-6124

	
PNC Bank, 

National Association

 

 
	
$10,000,000
	
Credit:

201 East 5th Street

Cincinnati, OH 45202

Attn: Joe Richardson

Phone: (513) 651- 8688

Fax: (513) 651-8951

Administrative:

201 E. 5th Street

Cincinnati, OH  45202

Attn:   Sandy Wilson

Phone:(513) 651-8984

Fax:  (513) 651- 8951
	
Credit:

201 East 5th Street

Cincinnati, OH 45202

Attn: Joe Richardson

Phone: (513) 651-8688

Fax: (513) 651-8951

Administrative:

201 E. 5th Street

Cincinnati, OH  45202

Attn:   Sandy Wilson

Phone: (513) 651- 8984

Fax:  (513) 651-8951

	
Union Bank of California, N.A.
	
$25,000,000
	
Credit:

350 California Street, 6th Floor

San Francisco, CA  94104

Attn:  Timothy Streb

Phone:  (415) 705-7021

Fax:  (415) 705-5093

Administrative:

1980 Saturn Street

Monterey Park, CA  91755

Attn:  Ruby Gonzales

Phone:  (323) 720-7055

Fax:  (323) 724-6198
	
Credit:

350 California Street, 6th Floor

San Francisco, CA  94104

Attn:  Timothy Streb

Phone:  (415) 705-7021

Fax:  (415) 705-5093

Administrative:

1980 Saturn Street

Monterey Park, CA  91755

Attn:  Ruby Gonzales

Phone:  (323) 720-7055

Fax:  (323) 724-6198

	
U.S. Bank National Association
	
$20,000,000
	
Credit:

425 Walnut Street, ML: 8160

Cincinnati, OH 45202

Attn: Derek Roudebush

Phone: (513) 632-4010

Fax: (513) 762-2068

Administrative:

425 Walnut Street

Cincinnati, OH  45202

Attn: Beth Martin

Phone:  (920) 424-8419

Fax:  (920) 426-7993
	
Credit:

425 Walnut Street, ML: 8160

Cincinnati, OH 45202

Attn: Derek Roudebush

Phone: (513) 632-4010

Fax: (513) 762-2068

Administrative:

425 Walnut Street

Cincinnati, OH  45202

Attn: Beth Martin

Phone:  (920) 424-8419

Fax:  (920) 426-7993

	
Wells Fargo Bank, N.A.

	
$7,500,000
	
Credit:

230 West Monroe Street

Suite 2900

Chicago, IL  60606

Attn:  Steven Buehler

Phone:  312 553-6651

Fax:  312 553-4783

Administrative:

201 Third Street

MAC 0187-081

San Francisco, CA  94103

Attn:  Ginnie Padgett

Phone: 415 477-5374

Fax: 415 979-0675
	
Credit:

230 West Monroe Street

Suite 2900

Chicago, IL  60606

Attn:  Steven Buehler

Phone:  312 553-6651

Fax:  312 553-4783

Administrative:

201 Third Street

MAC 0187-081

San Francisco, CA  94103

Attn:  Ginnie Padgett

Phone: 415 477-5374

Fax: 415 979-0675

___________

TOTAL OF COMMITMENTS:$200,000,000

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