This instrument is subject to an Intercreditor and Subordination Agreement dated as of May 25, 1995, as the same may be amended from time to time, among Hagler Bailly Consulting, Inc., RCG International, Inc. and State Street Bank and Trust Company,...Subordinated Note • May 21st, 1997 • Hagler Bailly Inc • Services-management consulting services • New York
1 EXHIBIT 10.25 THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, NOR UNDER ANY APPLICABLE STATE SECURITIES LAW. THE HOLDER HEREOF HAS REPRESENTED TO THE ISSUER THAT THIS NOTE HAS BEEN ACQUIRED FOR INVESTMENT AND NOT WITH...Subordinated Note • January 6th, 1997 • Celex Group Inc • Commercial printing