EXHIBIT 10.3 March 4, 2010 MODIFICATION TO FEBRUARY 22, 2010 SUBORDINATED NOTE This modification to the $125,000 subordinated note agreements each individually executed by Harold K. Fletcher and Jeffrey C. O'Hara ("Holder's) on February 22, 2010...Modification to Subordinated Note • March 25th, 2010 • Tel Instrument Electronics Corp • Electronic components & accessories
This modification to the $125,000 subordinated note agreements each individually executed by Harold K. Fletcher and Jeffrey C. O'Hara ("Holder's) on February 22, 2010 modifies the terms for payment of interest on the notes.
