EXHIBIT 4.1 WELLS FARGO BANK LOAN COMMITMENT NOTE ----------------------------- ---------------------------------------------------Securities Account Control Agreement • June 16th, 1997 • Grip Technologies Inc • Motor homes • California
Contract Type FiledJune 16th, 1997 Company Industry Jurisdiction
FOR VALUE RECEIVED, on or before the undersigned, Grip ---------------- Technologies, Inc., a California corporation ("Borrower"), promises to pay to the order of , or its successors or assigns --------------------------- ("Holder"), at the principal...Grip Technologies Inc • June 16th, 1997 • Motor homes
Company FiledJune 16th, 1997 IndustryNotwithstanding any other provisions of this note, if at the time of conversion, Borrower is obligated to withhold any amount of the interest to be converted for either federal or state income tax purposes, then, at Borrower's option, Borrower may either (i) require Holder to pay the entire amount of such withholding as a condition to the exercise by Holder of its conversion right, or (ii) require that Holder not convert that portion of the interest which is required to be withheld.