Secured Revolving Sample Contracts

SECURED REVOLVING TIME NOTE --------------------------- $4,000,000.00 December 29, 1997 Boston, Massachusetts
Secured Revolving • January 7th, 1999 • Bottomline Technologies Inc /De/ • Services-prepackaged software

This Note is issued pursuant to the Loan Agreement, to which reference may be had for a complete description of the rights, obligations, liabilities and restrictions of the undersigned and the Bank.

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EXHIBIT 10.12 SECURED REVOLVING TIME NOTE ---------------------------
Secured Revolving • January 7th, 1999 • Bottomline Technologies Inc /De/ • Services-prepackaged software
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