Common Contracts

2 similar Subordinated Note contracts by Veri-Tek International, Corp.

QUANTUM VALUE PARTNERS, LP. 20% SUBORDINATED NOTE DUE 2008
Subordinated Note • November 12th, 2004 • Veri-Tek International, Corp. • Special industry machinery, nec

FOR VALUE RECEIVED, the undersigned, Quantum-Veritek, Inc. a Michigan corporation (the “Company”), hereby promises to pay to the order of Quantum Value Partners, LP (“Payee”), at Payee’s address as specified below (or at such other place as the holder of this Note (the “Holder”) may from time to time hereafter direct by notice in writing to the Company), the principal amount of $5,900,000 on August 1, 2008 (the “Maturity Date”).

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QUANTUM VALUE PARTNERS, LP. 20% SUBORDINATED NOTE DUE 2008
Subordinated Note • September 3rd, 2004 • Veri-Tek International, Corp.

FOR VALUE RECEIVED, the undersigned, Quantum-Veritek, Inc. a Michigan corporation (the “Company”), hereby promises to pay to the order of Quantum Value Partners, LP (“Payee”), at Payee’s address as specified below (or at such other place as the holder of this Note (the “Holder”) may from time to time hereafter direct by notice in writing to the Company), the principal amount of $5,900,000 on August 1, 2008 (the “Maturity Date”).

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