PROMISE TO PAY. I promise to pay to Silicon Valley Bancshares (“Lender”), or order, in lawful
money of the United States of America, the principal amount of One Million & 00/100 Dollars
($1,000,000.00), together with interest at the rate of 3.450% per annum on the unpaid principal
balance from January 22, 2003, until paid in full. The interest rate will not increase above 25.000%.
PAYMENT. I will pay this loan in 59 regular payments of $4,462.58 each and one irregular last
payment estimated at $900,660.95. My first payment is due March 1, 2003, and all subsequent
payments are due on the same day of each month after that. My final payment due February 1, 2008,
will be for all principal and all accrued interest not yet paid. Payments include principal and interest.
Interest on this Note is computed on a 30/360 simple interest basis; that is, with the exception of odd days in the
first payment period, monthly interest is calculated by applying the ratio of the annual interest rate over a year of
360 days, multiplied by the outstanding principal balance, multiplied by a month of 30 days. Interest for the odd
days is calculated on the basis of the actual days to the next full month and a 360-day year. I will pay Lender at
Lender’s address shown above or at such other place as Lender may designate in writing. Unless otherwise
agreed or required by applicable law, payments will be applied first to accrued unpaid interest, then to principal,
and any remaining amount to any unpaid collection costs and late charges.
PREPAYMENT. I agree that all loan fees and other prepaid finance charges are earned fully as of the date of
the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except
as otherwise required by law. Except for the foregoing, I may pay without penalty all or a portion of the amount
owed earlier than it is due. Early payments will not, unless agreed to by Lender in