LOAN AGREEMENT THIS LOAN AGREEMENT ("Loan Agreement") is made as of December 31, 1997 between GOLF TRAINING SYSTEMS, INC., a Delaware corporation ("Borrower"), and JOHN H. LAERI, JR. and his assigns ("Lender"). R E C I T A L S: WHEREAS, Borrower...Loan Agreement • February 17th, 1998 • Golf Training Systems Inc • Sporting & athletic goods, nec
