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$60,000 August 14 1997
............ ...............................
Frontline Communications Corporation after date, for value received, we promise
...........................................
to pay to the order of Xxxxxxx X. Xxxx-Xxxxxxxx
........................................................
Sixty Thousand and 00/100______________________________________________Dollars
at 000 Xxxxx 000, Xxxxx Xxxxx, Xxx Xxxx, 00000
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with interest at 9.25 per cent.
This note is one of a series of 2 notes of even date herewith, aggregating
$126,800
It is understood and agreed that in the event of the non-payment of any one
of said series and such default continue for a period of 10 days, then at
the option of the holder of any of the said notes, all or any part of the
remaining unpaid notes shall forthwith become due and payable. The failure to
assert this right shall not be deemed a waiver thereof.
No 2 Due May 1, 1999 or upon closing Frontline Communications Corporation
of the Company's Initial Public
Offering Xxxxx Xxxxxxxx
VICE-PRES.
Xxxxx Xxxxxx TREAS.
No. 2000N Corp Serial Notes--Xxxxxx Xxxxxxxxx, Inc. Initial Public Offering
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