If payments of the Principal Amount and accrued Interest, if any, are not made within fifteen (15) business days of written notice, the Interest rate shall be retroactively set at Six Percent (6%) and accrued to the Principal Amount of this Note until such time as payment is made.  If any Note payment is not made within Forty-Five (45) days of its due this Note will incur default interest at the rate of Eighteen Percent (18%) (“Default Interest Rate”) until payment is made. If any Note payment is not made within Ninety (90) days the Holder will have the option to foreclose on the stock pledge described in Section 6 below. If the Holder forecloses on the stock pledge, this Note shall be remain in Default until cured or the Note is paid in full. These are the Holder’s exclusive remedies in the Event of Default. The Holder confirms the reasonableness of this restriction.