0000950137-05-002481 Sample Contracts

BADGER METER, INC. NOTE MODIFICATION AGREEMENT AND AMENDMENT TO LOAN AGREEMENT DATED JUNE 20, 2003 BETWEEN BANK ONE, N.A. AND BADGER METER EMPLOYEE SAVINGS AND STOCK OWNERSHIP PLAN AND TRUST, DATED JUNE 17, 2004
Note Modification Agreement • March 1st, 2005 • Badger Meter Inc • Totalizing fluid meters & counting devices

This agreement is dated as of June 17, 2004, (the “Agreement Date”), to be effective as of June 17, 2004 (the “Effective Date”), by and between Badger Meter Employee Savings and Stock Ownership Plan and Trust alone, and its successors (the “Borrower”) and Bank One, NA, with its main office in Chicago, IL (the “Bank”).

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