SECURED SENIOR NOTESecured Senior Note • April 27th, 2004 • Shells Seafood Restaurants Inc • Retail-eating places • Florida
THIS NOTE IS BEING ISSUED IN REPLACEMENT OF THAT CERTAIN NOTE DATED JANUARY 31, 2002, IN THE ORIGINAL PRINCIPAL AMOUNT THAT WAS ISSUED TO BANYON INVESTMENT, LLC AND THAT HAS BEEN ASSIGNED TO FREDERICK R. ADLER.
