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EXHIBIT A <br /> $1, 500 , 000 <br /> United States of America <br /> State of North Carolina <br /> THE ORANGE COUNTY INDUSTRIAL FACILITIES <br /> AND POLLUTION CONTROL FINANCING AUTHORITY <br /> INDUSTRIAL REVENUE BOND <br /> ( ISOTECHNOLOGIES, INC. PROJECT) <br /> THE ORANGE COUNTY INDUSTRIAL FACILITIES AND POLLUTION CON- <br /> TROL FINANCING AUTHORITY, a political subdivision and body cor- <br /> porate and politic of the State of North Carolina ( the "Author- <br /> ity" ) , for value received, hereby promises to pay, but solely <br /> from the sources hereinafter referred to, NCNB NATIONAL BANK OF <br /> NORTH CAROLINA ( "NCNB" ) , its successors or any transferee hereof <br /> in accordance with Section 7 of the Bond Purchase Agreement here- <br /> inafter referred to (NCNB, its successors or such transferee <br /> being herein called the "Holder") , in lawful money of the United <br /> States of America, the sum of One Million Five Hundred Thousand <br /> Dollars ( $1, 500, 000) as hereinafter provided together with inter- <br /> est on the unpaid principal amount hereof, from the date shown in <br /> the Certificate of Disbursement endorsed hereon until payment in <br /> full at a variable rate per annum (except as hereinafter <br /> provided) equal to seventy percent (70% ) of the rate of interest <br /> publicly announced by NCNB National Bank of North Carolina as its <br /> prime rate (the "Prime Rate) until January , 1987 and 65% of <br /> the Prime Rate thereafter; provided, however, that such rate of <br /> interest shall not exceed twelve and one-half percent (12. 5%) per <br /> annum nor be less than four and one-half percent ( 4. 5% ) per <br /> annum. Interest shall be computed on the basis of a 360-day year <br /> for the actual number of days in each interest period. Interest <br /> only shall be payable monthly on the unpaid principal amount of <br /> this Bond on the first day of each month from August 1, 1986 <br /> until July 1, 1987. From and after the first day of August, <br /> 1987, interest and principal shall be payable in 108 consecutive <br /> monthly installments, such installments to be initially $19, 500, <br /> each installment to be applied first to interest and then to <br /> principal; provided, however, that in no event shall any such <br /> installment of principal and interest be less than the amount of <br /> interest due and owing in such month. On each January 1 and July <br /> 1, commencing January 1, 1988, the monthly installments of <br /> principal and interest shall be adjusted to be equal to an amount <br /> sufficient to amortize on a monthly level debt service basis the <br /> then outstanding principal balance of this bond, assuming that <br />