CONVERTIBLE REVOLVING PROMISSORY NOTEConvertible Revolving Promissory Note • June 19th, 2009 • Advance Display Technologies Inc • Patent owners & lessors
Contract Type FiledJune 19th, 2009 Company IndustryTHIS CONVERTIBLE REVOLVING PROMISSORY NOTE (the “Note”) is executed and delivered under and pursuant to the terms of that certain First Amendment of even date herewith (the “Amendment”) to the Senior Secured Revolving Credit Agreement (the “Loan Agreement”) dated November 6, 2008, by and between ADVANCE DISPLAY TECHNOLOGIES, INC., a Colorado corporation (the “Borrower”) and DEGEORGE HOLDINGS THREE LLC, a Delaware limited liability company (the “Lender”). For purposes of this Note, all references to the Loan Agreement herein shall include the terms sets forth in the Amendment. Capitalized terms not otherwise defined herein shall have the meanings provided in the Loan Agreement.
CONVERTIBLE REVOLVING PROMISSORY NOTEConvertible Revolving Promissory Note • November 13th, 2008 • Advance Display Technologies Inc • Patent owners & lessors
Contract Type FiledNovember 13th, 2008 Company IndustryTHIS CONVERTIBLE REVOLVING PROMISSORY NOTE (the “Note”) is executed and delivered under and pursuant to the terms of that certain Senior Secured Revolving Credit Agreement (the “Loan Agreement”) of even date herewith by and between ADVANCE DISPLAY TECHNOLOGIES, INC., a Colorado corporation (the “Borrower”) and DEGEORGE HOLDINGS THREE LLC, a Delaware limited liability company (the “Lender”). Capitalized terms not otherwise defined herein shall have the meanings provided in the Loan Agreement.