EXHIBIT 10.14 This loan replaces the note dated October 16, 1998. April 16, 1999 Carl Berg 10050 Bandley Drive Cupertino, CA 95014 BORROWER: Videonics, Inc. LENDER: Carl Berg This letter is our promise to repay.....................................Videonics Inc • August 16th, 1999 • Photographic equipment & supplies
cash loaned to Borrower. This loan is due and payable on January 16, 2001. Interest will be due on the outstanding balance for the actual days outstanding from January 16, 1999 at an annual interest rate of 8.0%. Interest will be paid at maturity on January 16, 2001.
