CITY NATIONAL BANK Exhibit 10.3 ------------ CHANGE IN TERMS AGREEMENTChange in Terms Agreement • February 14th, 2002 • Daily Journal Corp • Newspapers: publishing or publishing & printing
DESCRIPTION OF EXISTING INDEBTEDNESS. Promissory Note ("Note") dated January 2, 2001, in favor of City National Bank, NA ("Lender"), executed by Daily Journal Corporation, a South Carolina corporation and Sustain Technologies, Inc., a Virginia corporation ("Borrower") in the original principal amount of $4,000,000.00, payable in full on January 31, 2002, subject to any instalment maturities in the Note. The principal balance on the Note as of January 29, 2002 is $00.00.
