May 28, 2009 Halifax Corporation 5250 Cherokee Avenue
Exhibit 10.34
May 28, 2009
Halifax Corporation
0000 Xxxxxxxx Xxxxxx
Halifax Corporation
0000 Xxxxxxxx Xxxxxx
Pursuant to a subordination agreement dated July 1, 2008 between Textron Financial Corporation and
the subordinated debt holders, Research Industries, further assigned on June 29, 2005 to the Arch
X. Xxxxxxxx Children’s Trust, the maturity date of the remaining principal balance of $500,000 on
the 8% promissory notes plus accrued interest thereon are extended to July 1, 2010.
All other terms and conditions of the notes remain the same.
Dated this 11th day of June 2009
The Arch X. Xxxxxxxx Children’s Trust
/s/ Xxxxx X. Xxxxxxxx
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/s/ Arch X. Xxxxxxxx Xx.,
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/s/ Xxxx Xxxxxxxx Xxxxxxx
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/s/ Xxxx X. Xxxxxx
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May 28, 2009
Halifax Corporation
0000 Xxxxxxxx Xxxxxx
Halifax Corporation
0000 Xxxxxxxx Xxxxxx
Pursuant to a subordination agreement dated July 1, 2008 between Textron Financial Corporation and
the subordinated debt holders, Research Industries, further assigned on June 29, 2005 to Xxxxx
Xxxxxxxx Xxxxxxxx, the maturity date of the remaining principal balance of $500,000 on the 8%
promissory notes plus accrued interest thereon are extended to July 1, 2010.
All other terms and conditions of the notes remain the same.
Dated this 11th day of June 2009
/s/ Xxxxx Xxxxxxxx Xxxxxxxx | ||||
Xxxxx Xxxxxxxx Xxxxxxxx | ||||