Common Contracts
2 similar null contracts by Pharmchem Inc, Varitronic Systems Inc
EXHIBIT 10.40 [PHARMCHEM INC. LETTERHEAD] June 30, 2003 VIA FEDERAL EXPRESS Messrs. Ted Janus and Will Edwards Micro Cap Partners, L.P. 470 University Avenue Palo Alto, CA 94301 Re: Repayment of Subordinated Promissory Note- Revised Dear Messrs. Janus...Pharmchem Inc • August 11th, 2003 • Services-medical laboratories
PharmChem, Inc. (the "Company") borrowed $750,000.00 (the "Loan") from you pursuant to an Unsecured Subordinated Note and Warrant Purchase Agreement dated September 12, 2001 and as evidenced by that certain Unsecured Subordinated Promissory Note for $750,000.00 dated September 14, 2001 (the "Note"). In connection with the Loan, the Company issued to you a warrant for 75,000 shares of the Company's common stock (the "Original Warrant") at an exercise price of $3.00 per share. The Company has agreed to repay the Loan prior to the original maturity date and you have agreed to accept $375,000.00 (the "Repayment Amount") as payment in full for the original principal amount of the Note, and unpaid interest thereon of $50,625.00.
1 [VARITRONICS LETTERHEAD] February 28, 1996 Dear Varitronic Systems, Inc. Shareholder: I am pleased to inform you that Varitronics has entered into a Plan and Agreement of Merger with W.H. Brady Company and two of its subsidiaries (the "Merger...Varitronic Systems Inc • February 28th, 1996 • Converted paper & paperboard prods (no contaners/boxes)
