Robocom Systems International Inc. Exhibit 10.8 PROMISSORY NOTEPromissory Note • October 12th, 2001 • Robocom Systems International Inc • Services-computer integrated systems design
FOR VALUE RECEIVED, the undersigned maker, ROBOCOM SYSTEMS INTERNATIONAL INC., a New York corporation (the "Borrower"), hereby unconditionally promises to pay to order of BASEBOARD INVESTMENTS LLC, a New York limited liability company with an office at 17 Fairbanks Boulevard, Woodbury, New York 11797 (the "Lender"), at such account as the Lender may designate in writing from time to time, the outstanding principal amount of (a) ONE MILLION TWO HUNDRED FIFTY THOUSAND DOLLARS ($1,250,000), or, if less, (b) the aggregate unpaid principal amount of all loans made by the Lender to the Borrower pursuant to the letter agreement dated September __, 2001 (the "Agreement") between the Lender and the Borrower, in same day funds in a single installment on September 19, 2002 (the "Maturity Date").
September 19, 2001 Baseboard Investments LLC 17 Fairbanks Boulevard Woodbury, New York 11797 Re: $1,250,000 Revolving Line of Credit Ladies and Gentlemen: Robocom Systems International Inc., a New York corporation having an office at 511 Ocean Avenue,...Revolving Line of Credit Agreement • October 12th, 2001 • Robocom Systems International Inc • Services-computer integrated systems design
