June 6, 2007 Halifax Corporation 5250 Cherokee Avenue
Exhibit 10.4
Pursuant to a subordination agreement dated March
6, 2002 between Provident Bank 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, 2009.
All other terms and
conditions of the
notes remain the
same.
Dated this 6th day of June 2007
/s/ Xxxxx Xxxxxxxx Xxxxxxxx |
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| Xxxxx Xxxxxxxx Xxxxxxxx | ||||
/s/ Xxxxxx Xxxxxxx
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6/29/07
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Xxxxxx Xxxxxxx, CFO |
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