Rolling Period Ratio --------------- ----- July 31, 1997 1.20 to 1.00 October 31, 1997 1.20 to 1.00 January 31, 1998 1.20 to 1.00 April 30, 1998 1.20 to 1.00 July 31, 1998 1.20 to 1.00 October 31, 1998 and thereafter 1.20 to 1.00"Financing and Security Agreement • December 15th, 1997 • Devlieg Bullard Inc • Metalworkg machinery & equipment • New York
