EXHIBIT A PROMISSORY NOTEPromissory Note • November 2nd, 2007 • Capsource Financial Inc • Services-miscellaneous equipment rental & leasing • Minnesota
FOR VALUE RECEIVED, the undersigned, CapSource Financial, Inc., a Colorado corporation (the “Borrower”), with its principal executive office at 2305 Canyon Boulevard, Suite 103, Boulder, CO 80302, hereby promises to pay to the order of Randolph M. Pentel, (the “Lender”) or its assigns, at its offices at 715 Eaton Street, St. Paul, MN 55107 or at such other place as the Lender may designate by written notice to the Borrower, the principal sum of ___________DOLLARS ($_______), pursuant to the terms of that certain Master Loan Agreement between the parties (the “Loan Agreement”) , together with Basic Interest at the rate of 9.50% per annum thereon from the date each advance is made until paid in full, and Default Interest as set forth in Section 2.8 of the Loan Agreement. Payments of principal and interest shall be made in immediately available funds in lawful money of the United States. Capitalized terms not otherwise defined herein shall have the meaning given them in the Loan Agreement
MASTER TERM LOAN AGREEMENTMaster Term Loan Agreement • November 2nd, 2007 • Capsource Financial Inc • Services-miscellaneous equipment rental & leasing • Minnesota
This MASTER TERM LOAN AGREEMENT is entered into as of October 31, 2007, between CapSource Financial, Inc. a Colorado corporation (“Borrower”), and Randolph M. Pentel, an individual residing in Minnesota (“Lender”).
