Common use of MINIMUM YEAR Clause in Contracts

MINIMUM YEAR. TO-DATE NET INCOME. Borrower will achieve, as of each period described below, Net Income of not less than the amount set forth opposite such period: PERIOD MINIMUM YEAR-TO-DATE NET INCOME ----------------------------------------------- -------------------------------- Seven months ending July 31, 2003 $225,000 Eight months ending August 31, 2003 $260,000 Nine months ending September 30, 2003 $300,000 Ten months ending October 31, 2003 $275,000 Eleven months ending November 30, 2003 $250,000 Twelve months ending December 31, 2003 $225,000 Month ending January 31, 2004 $50,000 Two months ending February 28, 2004 $100,000 Three months ending March 31, 2004 $150,000 Four months ending April 30, 2004 $200,000 Five months ending May 31, 2004 $250,000 Six months ending June 30, 2004 $300,000 Seven months ending July 31, 2004 $350,000 Eight months ending August 31, 2004 $400,000 Nine months ending September 30, 2004 $450,000 Ten months ending October 31, 2004 $500,000 Eleven months ending November 30, 2004 $550,000 Twelve months ending December 31, 2004 $600,000"

MINIMUM YEAR. TO-DATE NET INCOME. Borrower will achieve, as of each period described below, Net Income of not less than the amount set forth opposite such period: PERIOD MINIMUM YEAR-TO-DATE PERIOD NET INCOME ----------------------------------------------- -------------------------------- Seven months ending July 31, 2003 $225,000 1,750,000 Eight months ending August 31, 2003 $260,000 1,860,000 Nine months ending September 30, 2003 $300,000 1,970,000 Ten months ending October 31, 2003 $275,000 2,080,000 Eleven months ending November 30, 2003 $250,000 2,190,000 Twelve months ending December 31, 2003 $225,000 2,300,000 Month ending January 31, 2004 $50,000 200,000 Two months ending February 28, 2004 $100,000 400,000 Three months ending March 31, 2004 $150,000 600,000 Four months ending April 30, 2004 $200,000 800,000 Five months ending May 31, 2004 $250,000 1,050,000 Six months ending June 30, 2004 $300,000 1,300,000 Seven months ending July 31, 2004 $350,000 1,550,000 Eight months ending August 31, 2004 $400,000 1,800,000 Nine months ending September 30, 2004 $450,000 2,100,000 Ten months ending October 31, 2004 $500,000 2,400,000 Eleven months ending November 30, 2004 $550,000 2,700,000 Twelve months ending December 31, 2004 $600,0003,000,000"