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NOTATION OF PARTIAL PREP~,Y~]EVTS
- Upon any partial prepayment of this Note, the holder
of the Note shall make a notation hereon setting for~h the
amount and date of t:~e prepayment and the extent to whic!~, if
any, such prepayment has been applied to the unpaid principal
amount hereon, or at the option of the Company, this Note
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s'.;all ee surrendered to the Company by the holder, in w:~ich
e.ent the Company shall execute and deliver to or on the order `
o~ such holder, a ~ the expense of the Company, a re•a ~iot~
for the principal ~,:toun~ of this Note remaining unpaid ~ ar.d
dated as of the date to which interest has been paid on the
+ote surrendered.
CGVEtiANTS
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The Company a5rees that, until the principal
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amount of the Notes together with accrued interest t::ereon
shall be paid :n full, the Company will not declare or pay
any dividends or distributions on any shares of its capital
stock or purchase, redeem or otherwise accuire any s~:ares of
its capital stoct, except upon conversion of its convertible
preferred stock.
While the dotes are outstanding, the Cor.:vany shall
deliver tre following financial statements of the Comoaay to
t.~e F.olcers thereof: (i) Cuarterly statements, co:~sist:ng of
a:: unaudited balance s:~eet and tre relates unacnitea state-
a~.ents of income and cash flow as of t'~e end ef, and for the
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