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PARTICIPATION AGREEMENT <br />BUSINESS LOAN PROGRAM <br />Date Amount of Participation <br />The undersigned lender, <br />(Name of Issuing Bank) <br />(herein called "Bank"), hereby certifies that the MOUNDS VIEW <br />ECONOMIC DEVELOPMENT AUTHORITY (herein called "EDA") has a <br />participation from the date hereof in the amount of <br />Dollars, said participation <br />(EDA Participation) <br />being in that certain indebtedness of <br />to the Bank in the total amount of <br />(Name of Debtor) <br />(Total Loan) <br />Dollars (the "Indebtedness"), with the EDA participation bearing <br />interest at the rate of , all as evidenced <br />by Note(s) dated , with payments starting <br />due <br />and all mortgage or other security therefor and all guaranty or <br />other instruments, if any, given in connection therewith. The <br />security for this indebtedness is (describe collateral) <br />The granting of this participation shall be upon the following <br />terms: <br />287902.1 <br />