OXFORD INTERNATIONAL
MEMORANDUM VIA FAX
TO: Malcolm Benedict
Molecular D & T
FROM: Greg Dutcher
SUBJECT: Bridge Loan Revised Term Sheet
DATE: June 28, 2000
Term: 24 months
Loan Amount: $500,000
Projected Closing Date: July 5, 2000
Fee: Lender Three Percent (3%)
Collateral: First charge on all assets. Vacant land A-4 lot square
site containing 237,903 square feet or 5.46 acres of
unimproved, Weld County Assessor's Office.
AGREED AND ACCEPTED BY:
/s/ Malcolm M. Benedict
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Malcolm M. Benedict, President
Oxford International, Inc.
