LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 14th, 2000 • Zoom Telephonics Inc • Telephone & telegraph apparatus • Massachusetts
Exhibit 10.2 Revolving Credit Note REVOLVING CREDIT NOTERevolving Credit Note • August 14th, 2000 • Zoom Telephonics Inc • Telephone & telegraph apparatus
FOR VALUE RECEIVED, ZOOM TELEPHONICS, INC., a Massachusetts corporation with a business address of 207 South, Boston, Massachusetts 02211 (hereinafter referred to as the "Borrower"), promises to pay to the order of Fleet Capital Corporation, a Rhode Island corporation (the "Lender"), at the offices located at One Boston Place, Suite 500, Boston, Massachusetts 02108, the lesser of (i) the principal sum of Five Million and 00/100 Dollars ($5,000,000.00), or (ii) the aggregate unpaid principal amount of all advances of funds under the Revolving Credit Loan made by the Lender to the Borrower pursuant to that certain Loan and Security Agreement dated as of the date hereof by and between the Borrower and the Lender, as the same may be amended (the "Loan Agreement").
