Mezzanine Financing Letter Agreement Sample Contracts

David R. Pomije 801 Tonkawa Road Long Lake, MN 55356
Mezzanine Financing Letter Agreement • October 9th, 2002 • 2nd Swing Inc

As you know, 2nd Swing, Inc. (the "Company") and David R. Pomije (herein referred to as "my" "me" or "I") have previously entered into a Letter Agreement relating to certain Mezzanine Financing (the "Former Letter Agreement"). Pursuant to the Former Letter Agreement, the Company issued a Promissory Note dated November 1, 2001, in the original principal amount of $5,000,000.00 (the "Former Note"). As of the date hereof, the balance on the Former Note is $4,550,000.00 plus interest of $46,363.14.

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