Form Of Fixed Rate Serial Note (Page 3 of 4) in pdf

Form Of Fixed Rate Serial Note Page 3

the date of payment shall immediately become due and payable at the option and upon the

demand of [Ex-Im Bank][the holder hereof].

The Maker hereby waives demand, diligence, presentment, protest and notice of every

kind, and warrants to the holder that all action and approvals required for the execution and

delivery hereof as a legal, valid and binding obligation of the undersigned, enforceable in

accordance with the terms hereof, have been duly taken and obtained. The failure of the holder

hereof or of Ex-Im Bank to exercise any of its rights hereunder in any instance shall not constitute

a waiver thereof in that or any other instance.

To the maximum extent permitted by law, the Maker agrees to pay on demand all costs

and expenses of the Lender and Ex-Im Bank that are incurred in connection with the enforcement

of this Note, including, but not limited to, reasonable attorneys' fees and expenses related thereto.

THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE

WITH, THE LAW OF THE STATE OF NEW YORK, U.S.A.

[BORROWER]

(Signature)

Name

(Print)

Title

(Print)

Promissory Note No. _____

If the Guarantee of the Note is a Comprehensive Guarantee, then provide that Ex-Im Bank has the sole right to

accelerate. If the Guarantee of the Note is a Political Risk Guarantee, then provide that the holder of the Note has the

sole right to accelerate.

Personal makers should sign in their personal capacities only. Corporate makers should sign only in their corporate

capacities with proper reference to their corporate titles.

Ex-Im Bank Form of Fixed Rate Serial Note (10/01)

Form Of Fixed Rate Serial Note Page 3