ALKERMES INC. SECOND AMENDED AND RESTATED NOTE (1997-01-17)
This Second Amended and Restated Note amends, restates and replaces in its entirety that certain Amended and Restated Note dated December 29, 1995 in the original principal amount of $6,000,000 issued by Makers in favor of The Daiwa Bank, Limited, which assigned its interest therein to Bank on February 2, 1996. This Second Amended and Restated Note is the Second Amended and Restated Note referred to in the Omnibus Amendment to Loan Documents dated as of the date hereof between Makers, Bank and the Sumitomo Bank of New York Trust Company, which amends that certain Loan Agreement, dated as of December 30, 1993, between Makers and Bank, as previously amended (as amended, modified and supplemented through and including the date hereof, including the amendments contained in Omnibus Amendment to Loan Documents, the "Amended Loan Agreement") and is subject to all of the terms and conditions, representations and warranties thereof, including the rights of prepayment and the rights of acceleration of maturity. Terms used herein have the meanings assigned to those terms in the Amended Loan Agreement, unless otherwise defined herein.