FORM OF SUBORDINATED NOTE AT&S HOLDINGS, INC. Subordinated NoteAt&s Holdings Inc • June 5th, 2006 • Services-auto rental & leasing (no drivers)
This Note is one of a series of Notes (“Notes”) of the undersigned in an aggregate principal amount not to exceed Five million dollars ($5,000,000), and is subject to a resolution of the Board of Directors of the Company (“Resolution”). Reference is hereby made to the Resolution attached to this certificate for a description of the further provisions of this Note which further provisions shall for all purposes have the effect as if set forth in this place.
