Da-Lite Screen Co Inc Watch

from 8-K 10 pages Business Loan Agreement

from 10-K 2 pages Borrower: Da-Lite Screen Company, Inc. Amount: 15,000,000.00 Rate: The Interest Rate to Apply to This Commitment Is the National Prime Rate as Announced From Time to Timeand Adjusted on a Same Day Change Basis. (The National Prime Rate Today Is Six (6.0%) Percent.) Accrued Interest Shall Be Due and Payable on the First Day of Each Month Throughout the Term of This Loan. Interest Shall Accrue on the Basis of a Three Hundred-Sixty (360) Day Year and Be Paid for the Actual Numberof Days Outstanding. Borrower May Pre-Pay the Outstanding Principal of This Note, in Whole or in Part, Atany Time Without Premium or Penalty of Any Kind. Terms: A Two Year Revolving Line of Credit to Mature May 2010. Interest Payable Monthly by Automatic Draft. Collateral: Unsecured Guarantees: None Purpose: Fund Working Capital Needs and Other Proper Corporate Purposes. Fees: Loan Commitment Fee of $75,000 Will Be Due Upon Acceptance of This Commitment Letter. Other: 1) This Commitment Shall Be Subject to and Cross-Defaulted With All the Terms, Conditions, and Covenants as Set Forth in the Offering Memorandum for the $160,000,000 Da-Lite Screen Company, Inc. Senior Note Financing. 2) Annual Cpa Audited Financial Statements on Da-Lite Screen Company, Inc. Are to Be Submitted to the Bank Within 120 Days After the Close of Each Fiscal Year End. 3) Any Other Financial Information Concerning Da-Lite Screen Company, Inc. as May Be Reasonably Requested From Time to Time Will Be Submitted to Lake City Bank. Additionally, the Bank Agrees to Treat All Such Information as Confidential

from 8-K 3 pages Borrower: Da-Lite Screen Company, Inc. Amount: $10,000,000.00 Rate: The Interest Rate to Apply to This Commitment Is the National Prime Rate as Announced From Time to Time and Adjusted on a Same Day Change Basis. (The National Prime Rate Today Is Seven and Three Quarters (7.75%) Percent.) Accrued Interest Shall Be Due and Payable on the First Day of Each Month Throughout the Term of This Loan. Interest Shall Accrue on the Basis of a Three Hundred-Sixty (360) Day Year and Be Paid for the Actual Number of Days Outstanding. Borrower May Pre-Pay the Outstanding Principal of This Note, in Whole or in Part, at Any Time Without Premium or Penalty of Any Kind. Terms: A Two Year Revolving Line of Credit to Mature May 2008. Interest Payable Monthly by Automatic Draft. Collateral: Unsecured. Da-Lite Screen Company, Inc. Page #2