0000912057-95-009730 Sample Contracts

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CLASS A NOTE
International Remote Imaging Systems Inc /De/ • November 13th, 1995 • Laboratory analytical instruments

For value received and intending to be legally bound, Poly U/A Systems, Inc., a Delaware corporation ("Debtor"), promises to pay to International Remote Imaging Systems, Inc., a Delaware corporation ("Lender"), the principal amount of One Hundred Dollars ($100.00) without interest on the one hundred twenty first (121st) day after termination of the Research and Development Agreement by and between Debtor and Lender to be entered into at the closing of the offering by Debtor of Units, each Unit consisting of two thousand shares of callable common stock, $.01 par value, of Debtor and one warrant, each warrant entitling the holder thereof to purchase four thousand shares of common stock, $.01 par value, of Lender.

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