Promissory Note - Green Mountain Coffee Roasters Inc. and Robert P. Stiller
PROMISSORY NOTE
$250,000 September 24, 1999
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Amount Date
The undersigned, Robert P. Stiller ("Payor"), promises to pay to Green Mountain
Coffee Roasters, Inc. ("Payee") or order, the principal sum of Two Hundred
Thousand Dollars ($250,000) with interest accruing on the unpaid principal
balance at a rate equal to the prime rate as reported by The Wall Street
Journal. The interest rate shall be adjusted as of the day following any change
in the prime rate reported by The Wall Street Journal. Interest shall be payable
upon repayment of this note. The entire principal balance and accrued interest
shall be due and payable on September 23, 2000.
Such payment shall be made at Payee's principal place of business at 33 Coffee
Lane, Waterbury, Vermont 05676 or at such other place as the holder hereof may
designate in writing, such payments and any other sum due hereunder to be made
in lawful money of the United States of America.
This Note may be prepaid without penalty.
In the case of default, the Payor agrees to pay the reasonable cost of
collection, including reasonable attorneys' fees.
Every maker, guarantor and endorser waives presentment, demand, protest, and
notice.
Witness PAYOR
/s/ Robert D. Britt /s/ Robert P. Stiller
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Robert D. Britt Robert P. Stiller