Exhibit 10.1 ------------ Thermo Electron Corporation 81 Wyman Street Post Office Box 9046 (617) 622-1000 Waltham, MA 02254-9046 Fax: (617) 622-1207 July 31, 1997 ThermoLase Corporation 10455 Pacific Center Court San Diego, CA 92121 Attn: John Hansen...Thermolase Corp • July 31st, 1997 • Perfumes, cosmetics & other toilet preparations
Thermo Electron Corporation hereby agrees to loan to ThermoLase Corporation up to $25,000,000 as the working capital needs and liquidity of ThermoLase require. Any drawdown of such amount shall be evidenced by a promissory note due October 5, 1998 and shall bear interest payable quarterly at a rate equal to the 90-day Commercial Paper Composite Rate plus 25 basis points, set at the beginning of each quarter.
