Common use of Conditions for Advances Clause in Contracts

Conditions for Advances. If there is no default under this Note, Borrower shall be entitled to borrow monies or make draws under this Note (subject to the limitations described above) under the following conditions: -------------------------------------------------------------------------------- BORROWER ACKNOWLEDGES THAT BORROWER HAS READ, UNDERSTANDS, AND AGREES TO THE TERMS AND CONDITIONS OF THIS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. NOTE DATE: MAY 10, 1996 BORROWER: NORTECH SYSTEMS INCORPORATED BORROWER: /s/ Xxxxx X. Xxxxxxx -------------------------------------- ------------------------------------- XXXXX X. XXXXXXX VICE PRESIDENT BORROWER: BORROWER: -------------------------------------- ------------------------------------- BORROWER: BORROWER: -------------------------------------- ------------------------------------- BORROWER: BORROWER: -------------------------------------- ------------------------------------- TERMS AND CONDITIONS

Conditions for Advances. If there is no default under this Note, Borrower shall be entitled xxxxxxed to borrow monies or make draws under this Note (subject to the limitations xx xxx ximitations described above) under the following conditions: CUSTOMER REQUEST/OFFICER APPROVAL -------------------------------------------------------------------------------- BORROWER ACKNOWLEDGES THAT BORROWER HAS READ, UNDERSTANDS, AND AGREES TO THE XX XXX TERMS AND CONDITIONS OF THIS CONDITIONX XX XXXS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. THIS NOTE AND RELATED DOCUMENTS HAVE BEEN SIGNED IN THE COUNTY OF LENDER'S ADDRESS UNLESS OTHERWISE SPECIFIED: MIDLAND NOTE DATE: MAY 10JUNE 00, 1996 0997 BORROWER: NORTECH SYSTEMS INCORPORATED FLARE KING, INC. BORROWER: WALLACE SPARKMAN /s/ Xxxxx X. Xxxxxxx -------------------------------------- ------------------------------------- XXXXX X. WALLACE SPARKMAN /x/ XXXXXXX VICE PRESIDENT XXARKMAX XXXXXXX XXXXXXAN XXXXXXX XXXXXXAX XXXXXXXX XX XXE BOARD XXXXXXXXXXXX BORROWER: BORROWER: -------------------------------------- ------------------------------------- BORROWER: BORROWER: -------------------------------------- ------------------------------------- BORROWER: BORROWER: -------------------------------------- ------------------------------------- TERMS AND CONDITIONS

Conditions for Advances. If there is no default under this Note, Borrower shall be entitled xxxxxxed to borrow monies or make draws under this Note (subject to the limitations xx xxx ximitations described above) under the following conditions: CUSTOMER REQUEST/OFFICER APPROVAL -------------------------------------------------------------------------------- BORROWER ACKNOWLEDGES THAT BORROWER HAS READ, UNDERSTANDS, AND AGREES TO THE XX XXX TERMS AND CONDITIONS OF THIS CONDITIONX XX XXXS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. THIS NOTE AND RELATED DOCUMENTS HAVE BEEN SIGNED IN THE COUNTY OF LENDER'S ADDRESS UNLESS OTHERWISE SPECIFIED: MIDLAND NOTE DATE: MAY 10JUNE 00, 1996 0997 BORROWER: NORTECH SYSTEMS INCORPORATED FLARE KING, INC. BORROWER: WALLACE SPARKMAN /s/ Xxxxx X. Xxxxxxx -------------------------------------- ------------------------------------- WALLACE SPARKMAN /s/ XXXXXXX XXXXXXXX CHAIRXXX XX XXX XXXXX X. XXXXXXX VICE PRESIDENT INDIVXXXXXXX XXXXXXXR: BORROWER: _________________________________ ______________________________ BORROWER: BORROWER: -------------------------------------- ------------------------------------- _________________________________ ______________________________ BORROWER: BORROWER: -------------------------------------- ------------------------------------- BORROWER: BORROWER: -------------------------------------- ------------------------------------- _________________________________ ______________________________ TERMS AND CONDITIONS

Conditions for Advances. If there is no default under this Note, Borrower shall be entitled to borrow monies or make draws under this Note (subject to the limitations described above) under the following conditions: -------------------------------------------------------------------------------- BORROWER XXXXXXXX ACKNOWLEDGES THAT BORROWER XXXXXXXX HAS READ, UNDERSTANDS, AND AGREES TO THE TERMS AND CONDITIONS OF THIS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. NOTE DATE: MAY 10OCTOBER 15, 1996 BORROWER: NORTECH SYSTEMS INCORPORATED ALLSUP, INC. BORROWER: /s/ /S/ Xxxxx X. Xxxxxxx -------------------------------------- ------------------------------------- Xxxxxx --------------------------------------- ---------------------------------------- XXXXX X. XXXXXXX VICE XXXXXX PRESIDENT BORROWER: BORROWER: -------------------------------------- ------------------------------------- --------------------------------------- ---------------------------------------- BORROWER: BORROWER: -------------------------------------- ------------------------------------- --------------------------------------- ---------------------------------------- BORROWER: BORROWER: -------------------------------------- ------------------------------------- --------------------------------------- ---------------------------------------- TERMS AND CONDITIONS