0000950135-04-000257 Sample Contracts

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PROMISSORY NOTE
Navisite Inc • January 22nd, 2004 • Services-business services, nec • New York
EXHIBIT 10.62 PROMISSORY NOTE
Navisite Inc • January 22nd, 2004 • Services-business services, nec • New York
January 16, 2004 Mr. Arthur Becker Chief Executive Officer NAVISITE, INC. 400 Minuteman Road Andover, MA 01810 Re: Extension of Term In connection with that certain Loan and Security Agreement (the "Agreement"), dated as of January 29, 2003 between...
Navisite Inc • January 22nd, 2004 • Services-business services, nec

In connection with that certain Loan and Security Agreement (the "Agreement"), dated as of January 29, 2003 between Atlantic Investors, LLC ("Lender") and NaviSite, Inc. ("Borrower"), this letter serves to notify Borrower that any and all Credit Advances under the Agreement made prior to, or following the date of this letter shall be due on or before the earlier of (i) August 1, 2004 or (ii) five (5) business days following the closing of a financing transaction or disposition pursuant to which the Borrower receives gross proceeds of $13 million.

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