Attached files
file | filename |
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10-K - FORM 10-K - UNIVERSAL ELECTRONICS INC | a58948e10vk.htm |
EX-32.2 - EX-32.2 - UNIVERSAL ELECTRONICS INC | a58948exv32w2.htm |
EX-31.2 - EX-31.2 - UNIVERSAL ELECTRONICS INC | a58948exv31w2.htm |
EX-21.1 - EX-21.1 - UNIVERSAL ELECTRONICS INC | a58948exv21w1.htm |
EX-31.1 - EX-31.1 - UNIVERSAL ELECTRONICS INC | a58948exv31w1.htm |
EX-23.1 - EX-23.1 - UNIVERSAL ELECTRONICS INC | a58948exv23w1.htm |
EX-32.1 - EX-32.1 - UNIVERSAL ELECTRONICS INC | a58948exv32w1.htm |
EX-10.30 - EX-10.30 - UNIVERSAL ELECTRONICS INC | a58948exv10w30.htm |
EX-10.29 - EX-10.29 - UNIVERSAL ELECTRONICS INC | a58948exv10w29.htm |
EX-10.27 - EX-10.27 - UNIVERSAL ELECTRONICS INC | a58948exv10w27.htm |
EX-10.31 - EX-10.31 - UNIVERSAL ELECTRONICS INC | a58948exv10w31.htm |
Exhibit 10.28
EXHIBIT A1 TO
CREDIT AGREEMENT
CREDIT AGREEMENT
REVOLVING NOTE
$20,000,000 | November 1, 2010 Newport Beach, California |
FOR VALUE RECEIVED, UNIVERSAL ELECTRONICS INC., a corporation organized under the laws of the
State of Delaware, hereby promises to pay to the order of U.S. BANK NATIONAL ASSOCIATION (the
Bank) at its main office in Newport Beach, California, in lawful money of the United
States of America in Immediately Available Funds (as such term and each other capitalized term used
herein are defined in the Credit Agreement hereinafter referred to) on the Termination Date the
principal amount of TWENTY MILLION AND NO/100 DOLLARS ($20,000,000) or, if less, the aggregate
unpaid principal amount of all Revolving Loans made by the Bank under the Credit Agreement, and to
pay interest (computed on the basis of actual days elapsed and a year of 360 days) in like funds on
the unpaid principal amount hereof from time to time outstanding at the rates and times set forth
in the Credit Agreement.
This note is the Revolving Note referred to in the Credit Agreement dated concurrently
herewith (as the same may hereafter be from time to time amended, restated, or otherwise modified,
the Credit Agreement) between the undersigned and the Bank. This note is subject to
acceleration, upon the terms provided in the Credit Agreement.
In the event of default hereunder, the undersigned agrees to pay all costs and expenses of
collection, including reasonable attorneys fees, in accordance with the terms and conditions set
forth in the Credit Agreement. Except as otherwise expressly set forth under the terms and
conditions set forth in the Credit Agreement, the undersigned waives demand, presentment, notice of
nonpayment, protest, notice of protest, and notice of dishonor.
This note amends and restates the Revolving Note given by the undersigned in favor of the Bank
dated December 23, 2009, in the original principal amount of $15,000,000 (the Prior
Note). It is expressly intended, understood, and agreed that this note shall replace the
Prior Note as evidence of such indebtedness of the undersigned to the Bank, and all indebtedness
heretofore represented by the Prior Note, as of the date hereof, shall be considered outstanding
hereunder from and after the date hereof and shall not be considered paid (nor shall the
undersigneds obligation to pay the same be considered discharged or satisfied) as a result of the
issuance of this note.
THE VALIDITY, CONSTRUCTION, AND ENFORCEABILITY OF THIS NOTE SHALL BE GOVERNED BY THE INTERNAL
LAWS OF THE STATE OF CALIFORNIA WITHOUT GIVING EFFECT TO THE CONFLICT OF LAWS PRINCIPLES THEREOF,
BUT GIVING EFFECT TO FEDERAL LAWS OF THE UNITED STATES APPLICABLE TO NATIONAL BANKS.
Ex A-1
UNIVERSAL ELECTRONICS INC. |
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