CREDIT FACILITY NOTECredit Facility Note • May 12th, 2008 • Document Security Systems Inc • Services-computer integrated systems design • New York
FOR VALUE RECEIVED, on the Maturity Date (as defined below) and as permitted herein, DOCUMENT SECURITY SYSTEMS, INC., a corporation formed under the laws of the State of New York (the “Borrower”), with offices at First Federal Plaza, 28 East Main Street, Suite 1525, Rochester, New York 14614, promises to pay to the order of TAIKO III CORP., a New York corporation (the “Lender”) at Lender’s offices or at such other place as the Lender may designate in writing, the principal sum of the principal amount of loans (the “Loans”) outstanding hereunder, as conclusively evidenced on Schedule 1 attached hereto plus all accrued and unpaid interest on May 6, 2009 (the “Maturity Date”).
