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PROMISSORY NOTE Exhibit 10.26(a)
$60,000,000.00 Milwaukee, Wisconsin
October 13, 1994
For Value Received, M&I Data Services, Inc., a Wisconsin corporation, on demand
promises to pay to the order of Marshall & Ilsley Corporation the principal sum
of Sixty Million and 00/100 Dollars ($60,000,000.00) or so much thereof as shall
from time to time be disbursed to or for the benefit of M&I Data Services, Inc.
Interest on the principal amount of this note shall be paid quarterly with the
first interest payment due December 31, 1994, and subsequent payments shall be
due and payable on the last day of March, June, and September, thereafter.
Interest payments shall be determined by the sum, since the last interest
payment, of multiplying the daily outstanding balance of this note by the rate
equal to the average commercial paper rate plus 1/4% divided by 365 days.
Payments of both principal and interest are to be paid in lawful money of the
United States of America at the offices of Marshall & Ilsley Corporation, 770
North Water Street, Milwaukee, Wisconsin 53202, or at such other place as the
holder shall designate in writing to the maker.
The maker and all endorsers hereby severally waive presentment for payment,
protest and demand, notice of protest, demand and of dishonor and nonpayment of
this Note, and consent that the holder may extend the time of payment or
otherwise modify the terms of payment of any part or the whole of the debt
evidenced by this Note, at the request of any other person liable hereon, and
such consent shall not alter or diminish the liability of any person.
M&I DATA SERVICES, INC.
/s/ Dennis J. Kuester
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Dennis J. Kuester,
Chairman and CEO
