EXHIBIT A-4 MULTI-DRAW TERM NOTEMulti-Draw Term Note • June 21st, 2002 • Titan Corp • Services-computer integrated systems design
FOR VALUE RECEIVED, the undersigned, THE TITAN CORPORATION, a Delaware corporation (the “Borrower”), promises to pay to the order of [Name of Lender] and its registered assigns (the “Multi-Draw Term Loan Lender”) on the Stated Maturity Date for all Multi-Draw Term Loans, the principal sum of [_______________] DOLLARS ($_________) or, if less, the aggregate unpaid principal amount of all Multi-Draw Term Loans made by the Multi-Draw Term Loan Lender pursuant to that certain Senior Secured Credit Agreement, dated as of February __, 2000 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the various financial institutions (including the Multi-Draw Term Loan Lender) as are or may become parties thereto (collectively, the “Lenders”), Credit Suisse First Boston, as administrative agent for the Lenders (the “Administrative Agent”), First Union Securities, Inc., as Syndication Agent, and The Bank of Nova Scotia, as Documenta
MULTI-DRAW TERM NOTEMulti-Draw Term Note • February 25th, 2005 • Ipec Holdings Inc • Metal forgings & stampings
FOR VALUE RECEIVED, the undersigned, INTERNATIONAL PLASTICS AND EQUIPMENT CORP., a Pennsylvania corporation (“Borrower”) hereby promises to pay to the order of CITIZENS BANK OF PENNSYLVANIA (the “Bank”) the lesser of (i) the principal sum of ONE MILLION DOLLARS ($1,000,000) or (ii) the aggregate unpaid principal amount of the Multi-Draw Term Loan (as defined in the Loan Agreement) made by the Bank to the Borrower pursuant to the Revolving Credit and Term Loan Agreement, dated as of February 18, 2005, by and between the Borrower and the Bank (the “Loan Agreement”), together with interest on the unpaid principal balance hereof from time to time outstanding from the date hereof until maturity at the rate or rates per annum determined pursuant to Section 2.04 of, or as otherwise provided in, the Loan Agreement, payable on the dates set forth in Section 2.17 and Section 2.18 of, or as otherwise provided in, the Loan Agreement. The Borrower further promises to pay to the Bank interim payment
