Exhibit 10(s)
Eastern Bank
April 19, 2005
Mr. John Waldstein
President
International Electronics Inc.
427 Turnpike Street
Canton, MA 2709
Dear John:
This is to confirm to that the secured line of credit totaling $1,000,000 and the equipment line totaling $500,000 to International Electronics Inc. has been cancelled.
Please sign the acknowledgement below and return this letter to me.
| Very truly yours, | Agreed to and Accepted: | |||||||
| International Electronics Inc. | ||||||||
| /s/ Alan Roberts |
||||||||
| Alan Roberts | By: | /s/ John Waldstein |
05/27/05 | |||||
| Vice President | John Waldstein , President | Date | ||||||
265 Franklin Street • Boston, MA 02110-3120
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