Supercuts 2003 Annual Report Download - page 107

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REGIS CORPORATION
SENIOR SERIES J NOTE
ORIGINAL PRINCIPAL AMOUNT: $3,250,000
ORIGINAL ISSUE DATE: June 9, 2003
INTEREST RATE: 4.69% per annum
FINAL MATURITY DATE: June 7, 2013
FOR VALUE RECEIVED, the undersigned, Regis Corporation (herein called the “Company”), a corporation organized and existing under
the laws of the State of Minnesota, hereby promises to pay to Hare & Co., or registered assigns, the principal sum of THREE MILLION TWO
HUNDRED FIFTY THOUSAND DOLLARS ($3,250,000), payable on the Principal Prepayment Dates and in the amounts specified above,
and on the Final Maturity Date specified above in an amount equal to the unpaid balance of the principal hereof, with interest (computed on the
basis of a 360-day year—30-day month) (a) on the unpaid balance thereof at the Interest Rate per annum specified above, payable on each
Interest Payment Date specified above and on the Final Maturity Date specified above, commencing with the Interest Payment Date next
succeeding the date hereof, until the principal hereof shall have become due and payable, and (b) on any overdue payment (including any
overdue prepayment) of principal, any overdue payment of Yield Maintenance Amount and any overdue payment of interest, payable on each
Interest Payment Date as aforesaid (or, at the option of the registered holder hereof, on demand), at a rate per annum from time to time equal to
the greater of (i) 2% over the Interest Rate specified above or (ii) 2% over the rate of interest publicly announced by Bank of New York from
time to time in New York City as its Prime Rate.
Payments of principal, Yield Maintenance Amount, if any, and interest are to be made at the main office of Bank of New York in New
York City or at such other place as the holder hereof shall designate to the Company in writing, in lawful money of the United States of
America.
1 of 2
No. 2003
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J
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6
PPN 758932 E@ 2
INTEREST PAYMENT DATES: March 9, June 9, September 9 and December 9 of each year
PRINCIPAL PREPAYMENT DATES AND AMOUNTS:
$464,285.71 due on June 9, 2007, June 9, 2008, June 9, 2009, June 9, 2010, June 9,
2011 and June 9, 2012