Schubert, wife of Lawrence H Sample Clauses

Schubert, wife of Lawrence H. Schubert, is a co-trustee togexxxx xxxx Xxxxxx A. Lefcort xx xxx Xxxxxx X. Xxfcort Irrevocable Trust which owxx 00,000 xxxxxx shares ox xxx Xxxxxxxx. OUTSTANDING LENDER PRINCIPAL REPAYMENT TERMS AT CLOSING SUBORDINATED INDEBTEDNESS: CAPITAL STAFFING FUND Paul M. Burrell $500,000 Principal due Fexxxxxx 0000, xxterest paid monthly at 21% per annum Richard E. Burrell 125,000 Principal due Fexxxxxx 0000, xxxxxest paid monthly at 21% per annum Scott T. Burrell 50,000 Principal due Fexxxxxx 0000, xxxerest paid monthly at 21% per annum Louis J. Morelli 100,000 Principal due Fexxxxxx 0000, xxxerest paid monthly at 21% per annum Rachele Spadoni 125,000 Principal due Fexxxxxx 0000, xxterest paid monthly at 21% per annum Raymond s. Morelli 100,000 Principal due Fexxxxxx 0000, xxxxxest paid monthly at 21% per annum Robert E. Tomlinson 200,000 Principal due Fexxxxxx 0000, xxxxxxst paid monthly at 21% per annum SHAREHOLDERS: Larry Schubert trust 407,000 Principal due in xxxx xxxxxxxxx installments Starting February 1999, interest paid quarterly at 10% per annum Nadya Schubert trust 408,000 Principal due in xxxx xxxxxxxxx installments Starting February 1999, interest paid quarterly at 10% per annum Alan Schubert 605,000 Principal due in xxxx xxxxxxxxy installments Starting February 1999, interest paid quarterly at 10% per annum Paul Burrell 325,000 Principal and intxxxxx xx 00% per annum paid in twelve (12) equal quarterly installments starting May 1999. Accrued interest for first two years paid May 1999. OUTSTANDING LENDER PRINCIPAL REPAYMENT TERMS AT CLOSING ACQUISITIONS: WAD, Inc. (Beneficiaries - Paul Burrell, Robert Lefcort) 400,000 Principal and interest at 00% xxx xxxxm xxxx xx xxxxx (8) equal quarterly installments starting May 1997. All-Temps, Inc. 158,325 $8,325 due immediately - the balance is payable in (Beneficiary - Chuck Brewer) minimum annual installmexxx xx $00,000 in 1997 and 1998, with any remainder due at the end of 1999. Non interest bearing. PayRay, Inc. 1,526,290 Principal and interest at 14% per annum (Beneficiary - Ray Morelli and partners) paid over five years in xxxx0 xxxxxly installments starting March 1997. TriTemps, Inc. 1,037,180 Principal and interest at 14% per annum (Beneficiary - Ray Morelli and partners) paid over five years in xxxxx xxxxxly installments starting March 1997. CST, Inc 100,123 Principal plus one year interest at 7% per annum due Deccember 1997. Kenneth E. Southeard, Inc. 100,566 50% of prxxxxxxx xxxx xxx xxxths' interest...