THIS DEED OF AMENDMENT (the "Amendment"), made as of 30 MARCH 2001 by and --------- among Infonet Services Corporation, a Delaware corporation ("ICS"), AUCS --- Communications Services v.o.f., a general partnership organized under the laws of The...Management Agreement • June 28th, 2001 • Infonet Services Corp • Services-business services, nec
EXHIBIT 10.22 SECURED DEMAND PROMISSORY NOTE ------------------------------Secured Demand Promissory Note • June 28th, 2001 • Infonet Services Corp • Services-business services, nec
FOR VALUE RECEIVED, the undersigned, Michael J. Timmins and Janice Timmins JTWROS, a trust (the "Borrower"), whose address is _____________________________ -------- _____________________ promises to pay on demand to INFONET SERVICES CORPORATION, a Delaware corporation (the "Company"), or order, the principal amount of five ------- hundred twenty three thousand nine hundred forty eight and 40/100 dollars ($523,948.40), with interest from the date hereof on the unpaid principal balance under this Note at a fluctuating interest rate per annum that is at all times equal to the lesser of (1) the Reference Rate plus 0.75%, such Reference Rate to be initially set on the initial Rate Determination Date (as defined below) and thereafter reset on each subsequent Rate Determination Date, and (2) the maximum rate per annum from time to time permitted under applicable law. For purposes of this Note, the "Reference Rate" means the rate per annum quoted in -------------- The Wall Street Journal publi
