Applicable Margin Leverage Ratio (% per annum) -------------- ------------- Greater than or equal to 2.00:1.00 2.00% Greater than or equal to 1.25:1.00 and 1.50% less than 2.00:1.00 Less than 1.25:1.00 1.25% For purposes hereof, a "PAYMENT PERIOD"...Credit and Security Agreement • November 10th, 1999 • Dewolfe Companies Inc • Real estate agents & managers (for others) • Massachusetts
