Summit Business Capital Corp.
000 Xxxxx Xxxxx Xxxxxx, Xxxxx 0000
Xxxxxxxxx, Xxxxx Xxxxxxxx 00000
November 30, 2000
NDC Automation, Inc.
0000 Xxxxxxx Xxxxx
Xxxxxxxxx, Xxxxx Xxxxxxxx 00000-0000
Re: Summit Business Capital Corp. $450,000.00 Loan to NDC Automation,
Inc. (the "Loan")
Gentlemen:
This letter shall constitute notice to you that Summit Business Capital Corp.
(the "Lender") will not be renewing the Loan that will terminate on January 31,
2001 (the "Termination Date"). The Lender will expect payment in full of the
Loan on the Termination Date.
Sincerely,
SUMMIT BUSINESS CAPITAL CORP.
By /s/ Xxxxx X. Xxxxxx
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Title Assistant Vice-President
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Acknowledged By:
NDC AUTOMATION, INC.
By /s/ Xxxxxx Xxxxxxx
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Title Chief Operating Officer
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