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<br />Paris Economic Development Corporation <br />June 4, 2003 <br />Page 5 of 5 <br /> <br />If the terms and conditions of this Commitment Letter are satisfactory, please signify your <br />acceptance by signing below in the space indicated and return the executed original of this <br />letter. We look forward to working with you on this and future opportunities. <br /> <br />Sincerely, <br /> <br />HIBERNIA NATIONAL BANK <br /> <br />Rodney L. Bass <br />City President-Paris/Pittsburg <br /> <br />. <br /> <br />ACCEPTANCE: The foregoing Commitment is hereby accepted, and the undersigned <br />agrees to accept the Loan described therein, as of this___________ day <br />of ______________,2003. <br /> <br />PARIS ECONOMIC DEVELOPMENT CORPORATION ("PEDC") <br /> <br />_________________________________ <br />Don Wall, President <br /> <br />_________________________________ <br /> , Chairman <br /> <br />_________________________________ <br />, Secretary/Treasurer <br />