Exhibit 10.4. Loan Modification Agreement by and between Zoom Telephonics, Inc. and Fleet National Bank LOAN MODIFICATION AGREEMENT This Loan Modification Agreement ("this Agreement") is made as of November 13, 1997 between Zoom Telephonics, Inc., a...Loan Modification Agreement • March 31st, 1998 • Zoom Telephonics Inc • Telephone & telegraph apparatus • Massachusetts
Exhibit 10.3. Letter Agreement Regarding Revolving Line of Credit by and between Zoom Telephonics, Inc. and Fleet National Bank ZOOM TELEPHONICS, INC. 207 South Street Boston, MA 02111 January 17, 1997 Fleet National Bank 75 State Street Boston, MA...Letter Agreement • March 31st, 1998 • Zoom Telephonics Inc • Telephone & telegraph apparatus • Massachusetts
Exhibit 10.7. Amended and Restated Promissory Note issued by the Company in favor of Fleet National Bank AMENDED AND RESTATED PROMISSORY NOTEZoom Telephonics Inc • March 31st, 1998 • Telephone & telegraph apparatus
FOR VALUE RECEIVED, the undersigned Zoom Telephonics, Inc., a Delaware corporation (the "Borrower") hereby promises to pay to the order of FLEET NATIONAL BANK (the "Bank") the principal amount of Five Million and 00/100 ($5,000,000.00) Dollars or such portion thereof as may have been advanced by the Bank or may hereafter be advanced by the Bank pursuant to ss.1.1 of that certain letter agreement dated January 17, 1997 between the Borrower and the Bank, as amended (as so amended, the "Letter Agreement") and remains outstanding from time to time hereunder ("Principal"), with interest, at the rate hereinafter set forth, on the daily balance of all unpaid Principal, from the date hereof until payment in full of all Principal and interest hereunder.
November 13, 1997 DateSecurity Agreement • March 31st, 1998 • Zoom Telephonics Inc • Telephone & telegraph apparatus • Massachusetts
Exhibit 10.9. Employment Agreement May 23, 1997 Employment Agreement Between Zoom Telephonics and Bob Crist Zoom Telephonics will hire Bob Crist as VP-Chief Financial Officer effective July 1, 1997. The salary is $130,000 per year. Zoom will provide a...Employment Agreement • March 31st, 1998 • Zoom Telephonics Inc • Telephone & telegraph apparatus
Zoom Telephonics will hire Bob Crist as VP-Chief Financial Officer effective July 1, 1997. The salary is $130,000 per year. Zoom will provide a parking space near Zoom. After Bob joins Zoom, he will get options for 30,000 shares at the market price based on the closing price of the prior day, and he will determine what day they are issued. Options will be normal Zoom options: 35% vest in 1 year, 35% vest more in 2 years, and 30% more in 3.5 years, with the expiration 4 years after the grant date. In addition, Bob will get 30,000 more shares in September 1998, assuming he is still employed at Zoom.
