0000061004-11-000030 Sample Contracts

REVOLVING PROMISSORY NOTE [Revolving Line]
Revolving Promissory Note • July 7th, 2011 • LGL Group Inc • Electronic components, nec • Florida

This Note is secured by a Master Security Agreement of even date granted by the Borrower in favor of Lender (the “Collateral Document”), the Loan Agreement and UCC Financing Statements (the "Financing Statements"), and other agreements by and between Borrower and Lender.

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MASTER LOAN AGREEMENT
Master Loan Agreement • July 7th, 2011 • LGL Group Inc • Electronic components, nec • Florida

THIS MASTER LOAN AGREEMENT is made and entered into as of this 30th day of June, 2011, by and between M-TRON INDUSTRIES, INC., a Delaware corporation and PIEZO TECHNOLOGY, INC., a Florida corporation, jointly and severally (collectively, the “Borrower”), whose mailing address for purpose of notice is c/o The LGL Group, Inc., 2525 Shader Road, Orlando, Florida 32804, Attention: R. LaDuane Clifton, CPA, and J.P. MORGAN CHASE BANK, N.A. (the “Bank”), whose mailing address for purposes of notice is 420 South Orange Avenue, CNL Center II, 2nd Floor, Orlando, Florida 32801.

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