0000950116-99-000124 Sample Contracts

AND
Lease Agreement • January 29th, 1999 • Central Sprinkler Corp • Miscellaneous fabricated metal products
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In the Matter of CENTRAL SPRINKLER CORP., and CPSC DOCKET NO. 98-2
Consent Agreement • January 29th, 1999 • Central Sprinkler Corp • Miscellaneous fabricated metal products
and FIRST UNION NATIONAL BANK as Trustee
Trust Indenture • January 29th, 1999 • Central Sprinkler Corp • Miscellaneous fabricated metal products • Pennsylvania
Exhibit 10(v) TERM PROMISSORY NOTE --------------------
Central Sprinkler Corp • January 29th, 1999 • Miscellaneous fabricated metal products

FOR VALUE RECEIVED, CENTRAL SPRINKLER COMPANY, a Pennsylvania corporation (the "Debtor"), hereby unconditionally promises to pay to the order of CONGRESS FINANCIAL CORPORATION, a Delaware corporation (the "Payee"), at the offices of Payee at 1133 Avenue of the Americas, New York, New York 10036, or at such other place as the Payee or any holder hereof may from time to time designate, the principal sum of TWELVE MILLION SIX HUNDRED THOUSAND DOLLARS ($12,600,000) in lawful money of the United States of America and in immediately available funds, in forty-eight (48) consecutive monthly installments (or earlier as hereinafter provided) on the first day of each month commencing October 1, 1998 of which each installment shall be in the amount of TWO HUNDRED SIXTY-TWO THOUSAND FIVE HUNDRED DOLLARS ($262,500).

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