ACQUISITION TERM NOTE
$300,000.00 Radnor, Pennsylvania Date: March 31, 2000
FOR VALUE RECEIVED, without set-off or deduction, the undersigned, DAVID W. and JACQUELINE J.
MENA ("Makers"), in accordance with the terms and conditions set forth below, hereby jointly and severally
promise to pay to the order of SOVEREIGN BANK (the "Bank"), the principal sum of up to Three Hundred
Thousand Dollars ($300,000.00), in lawful money of the United States of America, together with interest thereon
from the date hereof at a fixed annual rate of nine percent (9.00%), and both payable as hereinafter provided.
(a) Interest on amounts advanced to Makers under this Note shall be payable monthly, in arrears, on the first day
of each calendar month commencing on May 1, 2000.
(b) The principal balance of this Note shall be payable in three (3) equal, consecutive annual installments of
$75,000.00 each, plus interest thereon, commencing on April 1, 2002, and continuing on the first day of each
April thereafter until April 1, 2005, at which time the remaining unpaid principal balance of 75,000.00, plus all
accrued interest thereon, shall be paid in full, or due in full upon the occurrence of an Event of Default (as defined
in Article 8 of the Loan Agreement).
(c) Upon the occurrence of an Event of Default, the rate of interest shall be increased to a rate equal to two
percent (2%) above the then current rate of interest specified herein (the "Default Rate"). Interest at the rate
provided for herein, or the Default Rate, shall continue to accrue at such rate, and continue to be paid even after
default, maturity, acceleration, recovery of judgment, bankruptcy or insolvency proceeding of any kind until such
monetary default has been cured.
(d) This Note shall be prepayable by Makers at any time without penalty or premium but with accrued interest to
the date of such prepayment on the amount prepaid, at anytime and from time to time, in whole or in part, upon
notification to the Bank of such prepayment not later th