REVOLVING PROMISSORY NOTE
November 3, 2004
FOR VALUE RECEIVED, Superconductive Components, Inc., an Ohio corporation ("Maker"), promises to
pay Robert H. Peitz, (hereinafter "Lender"), the sum of TWO HUNDRED THOUSAND AND 00/100 Dollars
($200,000.00) or so much thereof as shall have been advanced by Lender at any time and not hereafter repaid
(hereinafter referred to as "Principal Sum") together with interest as hereinafter provided and payable at the time
and in the manner hereinafter provided. Subject to the terms and conditions set forth below, the proceeds of the
loan evidenced hereby may be advanced in partial amounts during the term of this revolving note (this "Note").
Each such advance will be made to the Maker upon receipt by Lender of the Maker's written request therefor.
SECTION 1. PAYMENT OF INTEREST. Interest will accrue and compound monthly on the unpaid balance of
the Principal Sum until paid at a variable rate of interest per annum, which shall change in the manner set forth
below, equal to two percentage points (2%) in excess of the Prime Commercial Rate in effect at Huntington
National Bank, Columbus, Ohio ("Prime Rate"). The interest rate shall adjust automatically without notice to the
undersigned immediately with each change in the Prime Rate.
SECTION 2. DUE DATE; PAYMENT OF PRINCIPAL SUM. The Principal Sum and accrued and unpaid
interest shall be payable in full on November 1, 2005 (the "Due Date").
SECTION 3. ADVANCES. Proceeds of the loan evidenced by this Note, may from time to time be advanced
in whole or in $50,000 increments until the Due Date. Each advance will be made to Maker upon receipt by
Lender of Maker's written request therefor.
SECTION 4. WARRANTS. As additional consideration for entering into this Agreement, the Lender shall
receive up to 20,000 warrants to purchase shares of the Company's common stock at an exercise price of TWO
DOLLARS and FIFTY CENTS ($2.50) per share (the "Warrants") wh