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0001001604-04-000041 Sample Contracts

Standard Contracts

EMERITUS CORPORATION
Revolving Note • May 13th, 2004 • Emeritus Corp\wa\ • Services-nursing & personal care facilities

This Note is the Note referred to in the Credit Agreement and as such is entitled to all of the benefits and obligations specified in the Credit Agreement, including but not limited to any Collateral and any conditions to making advances hereunder. Terms defined in the Credit Agreement are used herein with the same meanings. Reference is made to the Credit Agreement for provisions for the repayment of this Note and the acceleration of the maturity hereof.