Common Contracts
2 similar Promissory Note contracts by Vanguard Cellular Systems Inc
PROMISSORY NOTE (ISO Exercise Price Loans or Tax Loans -- Founders' Version)Promissory Note • March 31st, 1999 • Vanguard Cellular Systems Inc • Radiotelephone communications
FOR VALUE RECEIVED, the undersigned ___________________, an individual residing at _________________________ (the "Maker"), hereby promises to pay to Vanguard Cellular Systems, Inc., a North Carolina corporation, or its successors and assigns (the "Holder"), the principal sum of ________________________ DOLLARS ($__________) on or prior to: (i) if the proposed merger of the Holder into Winston, Inc. (the "Merger") pursuant to that certain Agreement and Plan of Merger dated as of October 2, 1998, as amended (the "Merger Agreement"), among AT&T Corp., Winston, Inc. and the Holder shall have been consummated, the 91st day following the Effective Time (as defined in the Merger Agreement), or (ii) if the Merger shall not have been consummated, the fifth anniversary of the date hereof (or if such fifth anniversary is not a business day, the next succeeding business day). Interest shall be payable on each anniversary of the date hereof (or if such anniversary is not a business day, the next s
Execution Original PROMISSORY NOTE (ISO Exercise Price Loans or Tax Loans -- Executive Vice Presidents' Version)Promissory Note • March 31st, 1999 • Vanguard Cellular Systems Inc • Radiotelephone communications
FOR VALUE RECEIVED, the undersigned ___________________, an individual residing at _________________________________ (the "Maker"), hereby promises to pay to Vanguard Cellular Systems, Inc., a North Carolina corporation, or its successors and assigns (the "Holder"), the principal sum of ________________________ DOLLARS ($__________) on or prior to: (i) if the proposed merger of the Holder into Winston, Inc. (the "Merger") pursuant to that certain Agreement and Plan of Merger dated as of October 2, 1998, as amended (the "Merger Agreement"), among AT&T Corp., Winston, Inc. and the Holder shall have been consummated, the earlier of (x) 6 months and 1 day following the Effective Time (as defined in the Merger Agreement) or (y) October 3, 1999, or (ii) if the Merger shall not have been consummated, the fifth anniversary of the date hereof (or if such fifth anniversary is not a business day, the next succeeding business day). Interest shall be payable on each anniversary of the date hereof (
