Common Contracts

3 similar Promissory Note contracts by Emeritus Corp\wa\, Epresence Inc, Landstar System Inc

PROMISSORY NOTE $16,000,000.00 December 6, 2002
Promissory Note • March 28th, 2003 • Emeritus Corp\wa\ • Services-nursing & personal care facilities

Upon the occurrence of an Event of Default (as defined in the Loan Agreement) which is not cured within the applicable grace period set forth in the Loan Agreement, the holder of this Note may, at its option, without notice to or demand upon Borrower or any other party, declare immediately due and payable the entire principal balance hereof together with all accrued and unpaid interest thereon, plus any other amounts then owing pursuant to this Note, whereupon the same shall be immediately due and payable

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July 26, 2001 $1,063,941.33 Westboro, Massachusetts -----------------------
Promissory Note • April 1st, 2002 • Epresence Inc • Services-computer integrated systems design

For value received, William P. Ferry (the "Borrower") promises to pay to the order of ePresence, Inc., a Massachusetts corporation (the "Company"), at the offices of the Company or such other place as the Company hereafter shall designate One Million Sixty-Three Thousand Nine Hundred Forty-One Dollars and Thirty-Three Cents ($1,063,941.33). This Promissory Note consolidates and replaces the two prior Promissory Notes issued by the Borrower to the Company on November 16, 2000 in the principal amount of $836,772.25, and on December 21, 2000 in the principal amount of $192,899.70. This Promissory Note is being issued pursuant to Amendment No. 5 to the Employment Agreement between the Borrower and the Company. Simple interest shall accrue on the unpaid balance from time to time outstanding, which interest rate shall be adjusted each month to the then applicable Federal rate, beginning on the date hereof. Except as otherwise provided herein, the principal amount of and all accrued interest

Promissory Note ---------------
Promissory Note • March 21st, 2001 • Landstar System Inc • Trucking (no local)

FOR VALUE RECEIVED, ----------- (the "Borrower") hereby promises to pay to LANDSTAR SYSTEM HOLDINGS, INC. (the "Lender") the sum of ------------DOLLARS ($xx,xxx.xx) (the "Loan") on --------, plus interest on the unpaid principal balance hereof from --------- at the annual rate of seven and a half percent (7.5%). Principal and interest shall be payable on the first, second, third, fourth, and fifth anniversary of the Loan commencing -------------.

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