$168,270 March 18, 2002 Columbus, Ohio
FOR VALUE RECEIVED, the undersigned, Superconductive Components, Inc., an Ohio corporation
("Maker"), promises to pay to the order of Edward R. Funk and Ingeborg V. Funk, joint tenants with right of
survivorship ("Payee") the sum of $168,270 (the "Principal Sum"), together with interest at an annual rate equal to
the Prime Commercial Rate (or other comparable rate) of Bank One, N.A., Columbus, Ohio, plus 1%,
according to the terms set forth below.
Section 1. Payment Amount and Date Due. The Principal Sum and accrued and unpaid interest shall be payable
in equal monthly installments of $2,000, commencing on April 1, 2002 and continuing on the first day of each
calendar month until December 1, 2002 and thereafter, equal monthly installments of $4,000, commencing on
January 1, 2003 and continuing on the first day of each calendar month until the entire outstanding Principal Sum
and accrued and unpaid interest is paid in full.
Section 2. Calculation of Interest Rate. Interest shall be calculated on the basis of a 365-day year for the actual
number of days the Principal Sum is unpaid. The interest rate shall adjust automatically without notice to the
undersigned on the first day of each calendar month and shall be based upon the Prime Commercial Rate in effect
at Bank One, N.A., Columbus, Ohio, on the last business day of the preceding calendar month.
Section 3. Application of Payments. Payments shall be applied first to accrued and unpaid interest and,
thereafter, to the Principal Sum.
Section 4. Prepayments. All or any part of the Principal Sum and accrued interest may be prepaid at any time
Section 5. Default. If any of the following events of default should occur, including: (1) if Maker fails to pay the
Principal Sum and interest when due as provided in this Note or to perform any other obligation it owes to
Payee; or (2) if Maker or any indorser, surety or guarantor becomes insolvent or bankrupt,