Three-Year Subordinated Note Sample Contracts

Name (the "Noteholder") ------------------------------ Date Received FOR VALUE RECEIVED, Ciatti's, Inc. (the "Company"), a Minnesota corporation, hereby promises to pay to the Noteholder, or registered assigns, interest (computed on the basis of a...
Three-Year Subordinated Note • October 8th, 1997 • Ciattis Inc /De/ • Retail-eating places

In the event of nonpayment when due of any payment due on this Note, and if such default continues for a period of 30 days, then at the option of this Noteholder, all amounts then owing under this Note shall become due and payable, subject to the subordination provisions of this Note.

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