Preferred Stock and Convertible Debenture Agreement Sample Contracts

Exhibit 10.1 AGREEMENT TERMS

Preferred Stock and Convertible Debenture Agreement • November 19th, 1997 • Chatcom Inc • Computer communications equipment

• Contract Type
  Preferred Stock and Convertible Debenture Agreement
• Filed
  November 19th, 1997
• Company
  Chatcom Inc
• Industry
  Computer communications equipment

This agreement term sheet, between Vermont Research Products Inc., "Vermont" and CharCom, Inc., "Char", is intended to outline the terms and conditions of converting approximately $1,995,774 from a trade payable plus $54,226 interest all owed and acknowledged by Char to Vermont to a combination of $1,300,000 preferred stock and $750,000 convertible debenture.