BRIDGE GRID NOTEBridge Grid Note • May 10th, 2004 • Jupitermedia Corp • Services-business services, nec
FOR VALUE RECEIVED, JUPITERMEDIA CORPORATION (the “Borrower”), promises to pay to HSBC BANK USA (“Bank”) or order, on demand or when due as provided herein, at its 260 North Avenue office in New Rochelle, New York, the aggregate unpaid principal amount of all advances made by the Bank to the Borrower from time to time (each an “Advance” and collectively the “Advances”) as evidenced by the inscriptions made on the Schedule attached hereto (“Schedule”), together with interest thereon at a per annum rate as provided herein. The aggregate amount of all advances outstanding hereunder shall not at any time exceed $4,000,000.00.
