Mr. Donald Vaughan, President and CEO New England Service Company, Inc. Plainville, CT 06067 Dear Mr. Vaughan: The following term sheet is for discussion purposes only, it does not represent a commitment to lend:Term Loan Agreement • April 18th, 2016
Contract Type FiledApril 18th, 2016$100,000 or more; (2) for periods of, 6 months to the final maturity of the Loan; and (3) for each facility, on no more than 5 separate balances at any one time. As of April 8, 2016 a 5 year fixed rate is 2.94%, a 10 year fixed rate is 3.78% and a 20 year fixed rate is 4.29%. These fixed rates are based on a 20 year mortgage style amortization period.