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~~ ~~~,... t~~.rQ2O 5(}~' of the Net Earnings of the Company in such fiscal year.: {j) So long as any 1~onds are outstanding and unpaid:, the: Company ca.°~nants a~td agrees: tkaat the aggregate Co~eypensaton paced-in an fiscal year by the Company to all t7fficers.-Shareholders as a group shall not exceed the aggregate of such. Compensation paid in the fiscal year ended' June 30, 1979 increased by an amount. not. to exceed 20~ of the accumu- lated Net Earnings of tkze Company sub- sequent to June 3A, 1979, pravid:~d, however, in computing the 208 imita-~ flan, acceamulated Net Earnings shall be the amount which would haae been tYse:accumulated Net Earninga if the aggregate Compensation paid. in such fiscal. year were the same as the aggre- gate Compensation paid in the year errled June 3Q, 1979. Far example, if the accumulated Net Earnings in any fiscal year hereafter should be SI,Ov0,000, aftQr Seduction of aggre- gate Compensation to officer-Shareholders equal to that paid in the fiscal year ended June 30, 1:979., the additional aggregate: Compensation which could be paid in such fiscal year to Officer- Shareholders could be 20§ of $1,06,000 or an ad'fi:tianal Compensation of $200',.0:00. {k) So long as any bands are outstanding and unpai;r3, the Company covenants and agrees that it will incur no additional Funded Debt which shall cause the. total Funded Debt of the Company to exceed az amount equal to the Net Worth of the Company plus indebtedness of the Compas:y due to shareholders of-the Company which has been subordinated pursuant to subsection {hr above. {II The defini.ticn c,£ terries contained in section lf~.Ilif) oc file original Lease and Aczeernent shall be applicable to tr,e covenants o£ t're Company coa~aned in the Foregoing subsections {g? through {k), except r_hat far .purposes of said subsections g? throua?~ (k3, the term "Funded ,~eht" shall anean all indebted- Hess of the :bmpany flaying the find maturity of E*,ere t?:an 12 montka5 from the Sate of its origin or renewal at r_r:e option of t.,e Camnany beyond 1 months frc:~ the date outstanding, inclvd?:rg the princiFai amount of the bonds at any time outstanding and. tcce nrincipai amocant allocab;.e under any similar 1.ease-purchase ohliya.tion, less (i) ail :indebtedness of the Cam- pony dus to sharehol3ers which toes been subordinated unver subsPCtio^ ';h) abate and ;ii} all barroWings against tha rash value c:~ liP~:: insuran;:e o~..*xed kt} tine ~arazrany ir, aer:uunt r.~;:t ~xceed~.r.g thy: cash sralue :~-,' such life _nsurds?c'e. In scitait.cr., t't~E _err.;s n~F'.~ir.arter sett For*_h sY~ali have *. e, f~,llcw: _ ^eat'~3:ns35: wg~