TERM PROMISSORY NOTE
FOR VALUE RECEIVED, the undersigned, BRANDPARTNERS GROUP, INC., a Delaware
corporation, and BRANDPARTNERS RETAIL, INC. , a New Hampshire corporation, each with executive
offices at 10 Main Street, Rochester, New Hampshire 03839 (collectively, the “Borrower”), jointly and severally
promise to pay to the order of BANKNORTH, N. A., a national banking association with a business address of
5 Commerce Park North, Bedford, New Hampshire 03110 (the “Bank”), at such address, or such other place
or places as the holder hereof may designate in writing from time to time hereafter, the principal sum of TWO
MILLION DOLLARS ($2,000,000.00), together with interest, all as provided for hereinbelow, in lawful money
of the United States of America.
Commencing thirty (30) days from the date hereof (or on any day within 30 days of the date hereof
agreed to by the Borrower and the Bank to provide for a convenient payment date) and continuing on the same
day of each month thereafter, Borrower shall make thirty-six (36) consecutive equal monthly payments of
principal each in the amount of Fifty-five Thousand Five Hundred Fifty-five Dollars and Fifty-six Cents
($55,555.56), together with monthly payments of accrued and unpaid interest on the outstanding principal
balance at the rate provided hereinbelow. All remaining outstanding principal and accrued and unpaid interest
shall be due and payable in full on May 4, 2008.
The outstanding principal balance of this Note shall bear interest at a variable rate equal to the Prime Rate
as defined and determined under the Loan Agreement (as hereinafter defined). Each time the Prime Rate changes,
the interest rate hereunder shall change contemporaneously with such change in the Prime Rate effective as of the
opening of business on the date of change. The Borrower acknowledges that the Prime Rate is used for reference
purposes only as an index and is not necessarily the lowest interest rate charged by the Bank on commercial loans.