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10 15 20 25 12/22/94 15:35 FAX 612 340 2643 iii 002 DORSEY & WHITNEY Bxhibit AS to Credit Agreement and First Amendment Thereto 5 I Draft [1] 12.lR/g( 17/7!1/94.:. PRQ~RY NOTE (Bquipment Note D $700.000.00 Saint Paw, Minnesota Dated: December --,1994 FOR V ALOE RECEIVED, the undersigned, COMPU'I'YPB, JNC., a. Minnesota corporation (the '~aker"), promises to pay to the order of First Bank National Association, a national banking association (the ''Lender~), the prinCipal amount of al1loans made by the Lender to the Maker under the terms of this Note (each, an "Advance" or collectively, the "Advances"), at the offices of Lender at 332 Minnesota Stl'eet, 5aint Faul, Mbmesota ~101, or at such other address as the holder hereof may from time to time designate ill writing. The aggregate principal amowtt of all Advances outstanding hereW\der shall not exceed SEVEN HUNDRED THOUSAND AND NO/tOO DOLLARS ($700,000.00). The principal of this Note $hall be fixed on September 30,1995 in an amount equal to the amount of Advances which have been maDe ~under on or prior to that date. Commencing on November 1, 1995, the outstanding prlndpal balance existinfS on September 30, 1995, along with arerued interest, shall he repaid in eighty-four (84) consf!~tive and substan1ia1ly equal installments each in an amount which will amortize the principal and accrued interest on this Note in 84 monthly payments, with the remaining principal balance and accrued interest due in full on October 1, 2002. Interest on the unpaid principal balance from the date hereof at a per annum fixed rate equal to five and three quarters percent (5.75%), calculated on the basJs of a year 'coD$isting of 360 days. All such interest shall be payable monthly in mears on the first day of each month commencing on January 1,1995, upon any permitted prepayment of this Note on the amount prepaid, and upon the maturity of this Note. No provision of this Note shall require the payment or permit the coUection of interest in excess of the rate permitted by applicable law. The terms Qf this Note to the contrary notwithstanding, on the date on Iwhich the [2] Ck}. ef Besevi:Y8) MlRftes9ta a. V4i1Rfied 18 its sRHsfae~9R that ~ Maker occupies manufacturing and related facilities of eJghty thousand (80,000) 45 ~ g: ~f~:5~~~-a;~~:::~~fa~:.:~=J~~~ 30 85 40