NOTE
U.S. $25,000,000
December 21, 1995
New York, New York
FOR VALUE RECEIVED, THE INTERPUBLIC GROUP OF COMPANIES, INC.,
a Delaware Corporation (the "Borrower"), hereby promises to pay to
the order of NBD BANK (the "Bank"), the principal sum of
TWENTY-FIVE MILLION AND NO/100 United States Dollars (U.S.
$25,000,000.), plus all accrued and unpaid interest thereon.
Principal shall be due and payable on December 21, 2002.
Interest shall be payable at the rate and on the dates
provided in the Credit Agreement.
All such payments of principal and interest shall be made in
lawful money of the United States of America in Federal or other
immediately available funds at the office of the Bank located at
000 Xxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx 00000, or at such other
place as the holder hereof may designate.
This note is the Note referred to in the Credit Agreement
dated as of December 21, 1995, between the Borrower and the Bank,
as the same may be amended from time to time (the "Credit
Agreement"). Terms defined in the Credit Agreement are used herein
with same meanings. Reference is made to the Credit Agreement for
provisions prohibiting prepayment hereof and providing for the
acceleration of the maturity hereof.
THE INTERPUBLIC GROUP OF COMPANIES, INC.
By: XXXX X. XXXXXXX
Title: VICE PRESIDENT AND TREASURER
