0000790273-04-000027 Sample Contracts

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Exhibit 99.7 LAURUS MASTER FUND, LTD. 825 Third Avenue, 14th Floor New York, New York 10022 July 9, 2004 RPM Technologies, Inc. 21061 West Braxton Plainfield, IL 60544 Attn: Chief Executive Officer Re: Restricted Account: Account Number , Account...
Restricted Account Agreement • August 12th, 2004 • RPM Technologies Inc • Plastics products, nec

Reference is made to (i) that certain Securities Purchase Agreement, dated as of July 8, 2004 (as amended, modified or supplemented from time to time, the "Purchase Agreement"), by and between RPM Technologies, Inc., a Delaware corporation (the "Company"), and Laurus Master Fund, Ltd. (the "Purchaser") and (ii) that certain Restricted Account Agreement, dated as of July 8, 2004 (as amended, modified or supplemented from time to time, the "Restricted Account Agreement"), by and among the Company, Laurus and North Fork Bank (the "Bank"). Capitalized terms used but not defined herein shall have the meanings ascribed them in the Purchase Agreement or the Restricted Account Agreement, as applicable. Pursuant to Section 3.2 of the Purchase Agreement, the Company is required to place $2,200,000 in the Restricted Account, and, subject to the provisions of this letter, the Purchase Agreement, the Restricted Account Agreement and any Related Agreement, except as otherwise contemplated below, mai

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